Practice Expertise

  • Bankruptcy Litigation
  • Chapter 11 Debtor
  • Counterparty Insolvency and Risk Management
  • Distressed M&A

Areas of Practice

  • Bankruptcy Litigation
  • Chapter 11 Debtor
  • Counterparty Insolvency and Risk Management
  • Distressed M&A
  • Financial Regulatory
  • Lender Representation
  • Restructuring
  • Sports Law
  • View More

Profile

Ian Peck is the chair of the firm's Restructuring section and a restructuring lawyer who has handled numerous complex Chapter 11 bankruptcy cases, out-of-court workouts, and distressed mergers and acquisitions transactions across a broad array of industries. Ian understands that debt restructuring or bankruptcy can often be the most stressful and critical event in a client’s history and brings a sense of calm determination to each restructuring engagement.

Ian’s experience includes leading roles in some of the largest restructuring cases in recent history, serving as lead counsel for a bankrupt bank holding company facing claims of over $2 billion and representing one of the world’s largest generators and marketers of electricity in its successful Chapter 11 reorganization. Ian also has extensive experience in middle-market cases, including representing a manufacturer and operator of helicopters in their successful restructuring as well as guiding the largest retail liquor chain in Texas and a 400-store furniture retailer through the Chapter 11 process. Outside of the courtroom, Ian has helped several companies renegotiate their financial and contractual obligations to avoid contentious litigation or lengthy reorganization proceedings.

One of Ian’s core strengths is his ability to listen to his clients and develop and execute strategies that place them in the best position to accomplish their financial and operational goals. This skillset has served him well, particularly in cases in which Ian has represented private equity firms or their distressed portfolio companies. Ian’s business sense has also led many healthy corporations to engage him for advice on transactions and litigation with financial troubled counterparties.

Ian frequently speaks throughout the country on bankruptcy topics, including various Chapter 11 plan issues and transportation company bankruptcies. Ian is also a prolific author, having published scholarly articles throughout his career and recently serving as a contributing author to the Bloomberg Law: Bankruptcy Treatise, the first comprehensive bankruptcy treatise published in the last 40 years.

Ian is active in the American Bankruptcy Institute, the Turnaround Management Association, the Association of Insolvency and Restructuring Advisors, and the Dallas Bar Association. Ian has also served the community through his pro bono work, including obtaining asylum in the United States for a client who was violently persecuted in her native country.

Bar Admissions
Texas

Education
J.D., Vanderbilt University, 1999, Professional Authorities Editor, Vanderbilt Journal of Transnational Law
B.A., English, University of Oklahoma, 1996 summa cum laude

Areas of Practice

  • Bankruptcy Litigation
  • Chapter 11 Debtor
  • Counterparty Insolvency and Risk Management
  • Distressed M&A
  • Financial Regulatory
  • Lender Representation
  • Restructuring
  • Sports Law

Professional Career

Significant Accomplishments
Representation of Erickson Incorporated and its affiliates in their Chapter 11 reorganization in the Northern District of Texas. Erickson confirmed a plan of reorganization less than five months after filing for bankruptcy; which reduced Erickson’s debt by over $400 million.

Representation of The Picture People in its Chapter 11 case in the Northern District of Texas.

Representation of Centennial Beverage Group in its Chapter 11 case in the Northern District of Texas.

Representation of Guaranty Financial Group Inc. and three of its affiliates in their complex Chapter 11 cases in the Northern District of Texas. Through its subsidiaries, GFG formerly owned Guaranty Bank, which operated more than 100 bank branches in Texas and California and, as of year-end 2007, had consolidated assets of more than $16 billion.

Representation of American LaFrance, one of the oldest fire-apparatus manufacturers in America, in its Chapter 11 proceedings.

Representation of furniture retailer The Bombay Company in its Chapter 11 proceedings.

Representation of Mirant Corporation, one of the world’s largest generators and marketers of electricity, in its successful Chapter 11 reorganization.

Representation of Kitty Hawk, Inc. and ten of its affiliates in Chapter 11 proceedings.

Representation of Kevco, Inc. and its affiliates in Chapter 11 proceedings.

Representation of various debtors and creditors in matters throughout the United States, particularly in the telecommunications, healthcare and energy industries.



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