Co-chair of the Restructuring Department and a member of firm management, Paul Basta represents debtors, creditors and investors in a broad range of restructuring matters, including chapter 11 cases, cross-border insolvency matters, out-of-court restructurings and bankruptcy-related acquisitions. Basta has represented a diverse range of clients spanning numerous industries in some of the most complex and contentious restructuring matters of the last twenty-five years.
Lawdragon Honors
| Honor | Year | Practice |
|---|---|---|
| The 2026 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers | 2026 | Bankruptcy & Corporate Restructuring |
| The 2026 Lawdragon 500 Leading Lawyers in America | 2026 | Restructuring |
| The 2025 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers | 2025 | Bankruptcy & Corporate Restructuring |
| The 2025 Lawdragon 500 Leading Lawyers in America | 2025 | Restructuring |
| The 2024 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers | 2024 | Bankruptcy & Corporate Restructuring |
| The 2024 Lawdragon Legends | 2024 | |
| The 2024 Lawdragon 500 Leading Lawyers in America | 2024 | Restructuring |
| The 2023 Lawdragon 500 Leading Bankruptcy & Restructuring Lawyers | 2023 | Bankruptcy & Corporate Restructuring |
| The 2023 Lawdragon 500 Leading Lawyers in America | 2023 | Restructuring |
Some of Basta's significant debtor representations have included advising Mitel, Enviva, Revlon, Charter Communications, Global Crossing, Caesars Entertainment Operating Company, National CineMedia, Party City, Diamond Offshore Drilling, Sears, Cumulus Media, Hawaiian Telecom, LINN Energy, Samson Resources, Marvel Entertainment, Reader’s Digest, Kerzner International, TOUSA, and Tecumseh Products, among others. Basta has extensive experience representing creditors in major bankruptcies and restructuring matters, including funds such as Bain Capital, Centerbridge, GoldenTree, Blackstone, HPS Investments and TPG Partners. He has also represented numerous private equity funds in connection with their distressed portfolio companies. Basta represented the Houston Astros in connection with the Houston Regional Sports Network chapter 11 case.