Douglas Mannal

Douglas Mannal is a partner in the Business Restructuring + Insolvency Group of Morrison & Foerster LLP in New York, where he focuses his practice on representing clients in chapter 11 bankruptcy cases, out-of-court restructurings and other distressed situations. His clients include official creditors’ committees, ad hoc creditor groups and individual asset managers, as well as corporate borrowers. On behalf of creditors, Mr. Mannal implements strategies focused on maximizing creditor recoveries, and he has experience proposing and confirming plans of reorganization, investigating and prosecuting various estate causes of action, negotiating intercreditor disputes, crafting cash-collateral orders, debtor-in-possession/exit financing packages and creditor-sponsored equity rights offerings, challenging confirmation of nonconsensual chapter 11 plans, terminating exclusivity, participating in § 363 sales, and implementing and defending against coercive liability management transactions. On the company side, he counsels borrowers navigating the complex legal, financial and operational issues that arise in distressed situations, implementing both in- and out-of-court restructurings aimed at preserving value. Mr. Mannal has been recognized since 2013 in Chambers USA, and Turnarounds & Workouts recognized him as an Outstanding Restructuring Lawyer in 2020 and 2017. He also has been recognized as a Leading Global Restructuring Lawyer by Lawdragon 500. Mr. Mannal received his B.A. in government and law in 1995 from Lafayette College and his J.D. from Brooklyn Law School in 2000.