Greg Gordon represents clients in complex, high-profile chapter 11 cases and corporate restructurings. His experience includes out-of-court restructurings, prepackaged bankruptcies, distressed M&A transactions, and cross-border insolvencies. In recent years, Greg has assisted clients in achieving permanent resolutions of mass tort liabilities, including asbestos and talc liabilities.
Greg represented RadioShack in its successful chapter 11 reorganization, including in connection with a going concern sale of a substantial portion of RadioShack's business following a contentious auction and sale hearing, and Bondex and Specialty Products in their successful section 524(g) chapter 11 reorganization that resolved their asbestos liabilities. Greg also represented the owners of the Vogtle nuclear plant in Westinghouse's chapter 11 case, which resulted in a full recovery on their approximate $3.7 billion dollar claim. He is currently representing LTL Management, an affiliate of Johnson & Johnson, in a chapter 11 case it filed to resolve its talc liability, and is representing Bestwall, an affiliate of Georgia-Pacific, and DBMP, an affiliate of CertainTeed, in chapter 11 cases they filed to resolve their asbestos liabilities. Greg is also representing Hanson Permanente Cement and Kaiser Gypsum in chapter 11 cases they filed to resolve asbestos and environmental liabilities. Other significant engagements include the successful chapter 11 reorganizations of Swift Energy, achieved in less than four months through a prepackaged plan of reorganization, and Kaiser Aluminum, which included successful restructurings of pension, retiree medical, environmental, and asbestos liabilities.
Greg is a Fellow in the American College of Bankruptcy.
Experience
Additional Publications
- June 2008
Judge Holds Bankruptcy Code Trumps Pension Legislation, Texas Lawyer podcast - April 2008
The § 1146(a) Tax Exemption and Pre-confirmation Asset Sales, Texas Lawyer podcast - February 2008
Present Value Discounting of Claims in Bankruptcy, Norton Journal of Bankruptcy Law and Practice - August 2007
Second-Lien Financing, the Next Wave of Bankruptcies and Intercreditor Agreements, Texas Lawyer podcast - June 2007
The Zone of Insolvency: Directors, Creditors and Fiduciary Duties, Texas Lawyer podcast - May 2007
Contract-Based Claims for Post-Petition Attorneys' Fees, Texas Lawyer podcast - March 2007
Cause of Action for Deepening Insolvency, Texas Lawyer podcast - January/February 2007
Code Limits Incentives for Top Talent, Executive Legal Adviser - February 2007
A Loan or an Investment? Recharacterizing Debt as Equity, Texas Lawyer podcast - December 2006
Surprising Findings on Pace of Bankruptcy and Creditor Recovery, Texas Lawyer, podcast - October 2006
Retaining Key Employees in Bankruptcy, Texas Lawyer - October 2006
When Bankruptcy Courts Can Refuse to Enforce Arbitration Agreements, Texas Lawyer podcast - October 2006
When the Dust Settles, The Deal - September 2006
Innovative Approaches to Complex Restructurings: Creating a New Chapter for Kaiser Aluminum and USG, The Metropolitan Corporate Counsel - August 2006
Pension Funding Legislation, Texas Lawyer podcast - July 2006
Sovereign Immunity and Bankruptcy, Texas Lawyer podcast - June 2006
Impact of the Bankruptcy Overhaul's Limits on Key Employee Retention, Texas Lawyer podcast - May 2006
U.S. Supreme Court Decision in Anna Nicole Smith Case, Texas Lawyer podcast - May 2006
Overseas Operations in Bankruptcy Proceedings, Texas Lawyer podcast - March 2006
Anna Nicole Smith: Bankruptcy vs. Probate Jurisdiction, Texas Lawyer podcast - February 2006
Substantive Consolidation: An Important Tool, Texas Lawyer podcast - February 2006
Fairness in Asbestos Injury Resolution Act, Texas Lawyer podcast
Additional Speaking Engagements
- November 4, 2009
Doing Business in a Troubled Environment, Jones Day MCLE University - June 7, 2008
Overview of Issues Related to Professional Retention in Bankruptcy Cases, Association of Insolvency and Restructuring Advisors - April 10, 2008
Public Market Data as a Basis for Valuing a Company, American Bar Association Section of Business Law Spring Meeting - May 1, 2007
Handling Complex Chapter 11 Restructuring Issues, The Beard Group Law and Business Publishers - January 11, 2007
The Bankruptcy Solution to Asbestos and Other Mass Tort Liability, Houston Turnaround Management Association - November 17, 2006
Commercial Arbitration: Is Arbitration too . . . Arbitrary?, University of Texas School of Law's 25th Annual Bankruptcy Conference - December 15, 2004
Restructuring of Kaiser Aluminum and its Affiliates - July 22, 2003
Bankruptcy: No Escape From Mistake and Other Horror Stories - October 3, 2002
Recent Developments in Mass Tort Cases, American Bar Association Subcommittee on Mass Torts and Environmental Claims - June 15, 2001
Current Developments Regarding Director and Officer Liability Issues and Securitization Transactions, Association of Insolvency and Restructuring Advisors - May 29 - June 11, 2001
Bankruptcy in the Dot-Com Economy, Webinar hosted by Law.com - January 10, 2000
Overview of Federal Bankruptcy Process
- Duke University (J.D. 1980); Muhlenberg College (A.B. summa cum laude 1977; Phi Beta Kappa)
- Texas
Fellow, American College of Bankruptcy
Best Lawyers in America (annually since 2010) and "Lawyer of the Year" for bankruptcy and creditor debtor rights / insolvency (2018)
"Bankruptcy MVP," Law360 and "Outstanding Restructuring Lawyer," Turnarounds & Workouts (2015)
Recognized multiple years in Texas Super Lawyers; "Best Lawyers in Dallas," D Magazine; and Chambers USA: America's Leading Lawyers for Business