Lorraine McGowen, a partner in the New York office of Orrick, Herrington & Sutcliffe, is a member of the firm's Executive Committee and a former co-chair of the Creditors' Rights and Bankruptcy Group. Additionally, she is the Chair of the firm's Diversity Initiatives, and has participated in numerous programs on enhancing diversity in the legal profession. Ms. McGowen has practiced in the areas of creditors' rights and bankruptcy for more than 20 years, with a particular focus on the enforcement of creditors' rights and remedies in out-of-court work-outs and bankruptcy proceedings. Recently, Ms. McGowen has been involved in the restructuring or resolution of defaults arising under distressed SIVs, CDOs, CMBS, RMBS, and ABS transactions.
Ms. McGowen represents formal and ad hoc creditors' committees and creditors in complex bankruptcy cases, corporate restructurings and other insolvency matters. She also provides innovative solutions to strategic and financial purchasers of distressed companies. Ms. McGowen also advises clients on the bankruptcy and commercial law implications, of proposed transactions, including mergers and acquisitions, project and structured financings, leveraged leases, securitizations and other transactions.