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John Sobolewski
Partner and Global Chair of Latham & Watkins' Liability Management Practice and Global Vice Chair of the firm's Capital Markets Practice, experienced in leading large liability management exercises and advising on complex financings.
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Dec 16, 2025
• 39min
State of Distressed Debt: Latham's Sobolewski on Debtor Playbook
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In this discussion, John Sobolewski, Partner and Global Chair of Latham & Watkins' Liability Management Practice, shares his insights on the evolution of liability management since 2020. He critiques co-ops as potentially unnecessary and praises the benefits of competition among creditors. Sobolewski emphasizes the importance of early engagement in restructurings and the strategic use of multiple refinancing channels. He also explores jurisdictional dynamics and the impact of recent appellate rulings on deal design, pointing towards a more competitive future in distressed debt management.
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