US Bankruptcy: Gibson Dunn and Davis Polk lead creditor coalition alliances in chapter 11 – Bankruptcy Data Insights
Jennifer Lappe, J.D.: Legal Analyst
27 October 2026
- How creditor counsel selection can provide insight into coalition positioning during chapter 11 cases.
- What distinguishes Gibson Dunn and Davis Polk among leading creditor side counsel in bankruptcy mandates.
- Why private credit groups are emerging as a distinct feature of creditor coalition activity.
- How recurring fund and counsel relationships coexist with case specific legal representation.
- Where specialist legal firms are appearing in dissenting and excluded lender positions.
Executive Summary
Creditor alliances reveal important patterns in chapter 11 legal representation. Counsel selection can indicate coalition positioning within cases.
Private credit groups are becoming a distinct feature of bankruptcy coalitions. Their composition differs from broadly syndicated creditor groups.
Fund relationships with legal firms recur across multiple bankruptcy cases. However, counsel selection remains strongly influenced by case circumstances.
Dissenting creditors often rely on a recognizable group of specialist legal firms. These relationships help distinguish minority positions within capital structures.
Coalition structures vary according to creditor positioning and relationships. Case specific analysis remains important for interpreting counsel and fund alliances.



