Ian Peck is the Chair of the firm's Bankruptcy and Business Restructuring section and a well-known restructuring lawyer who has handled numerous complex Chapter 11 bankruptcy cases, out-of-court workouts, and distressed mergers and acquisitions transactions across a broad array of industries. Ian understands that debt restructuring or bankruptcy can often be the most stressful and critical event in a client’s history and brings a sense of calm determination to each restructuring engagement.
Ian’s experience includes leading roles in some of the largest bankruptcy cases in recent history, serving as lead counsel for a bankrupt bank holding company facing claims of over $2 billion and representing one of the world’s largest generators and marketers of electricity in its successful Chapter 11 reorganization. Ian also has extensive experience in middle-market cases, recently guiding one of the largest retail liquor chains in Texas through bankruptcy and previously representing a four-hundred store furniture retailer in its Chapter 11 case. Outside of the courtroom, Ian has helped several companies renegotiate their financial and contractual obligations to avoid contentious litigation or lengthy reorganization proceedings.
One of Ian’s core strengths is his ability to listen to his clients and develop and execute strategies that place them in the best position to accomplish their financial and operational goals. This skillset has served him well, particularly in cases in which Ian has represented private equity firms or their distressed portfolio companies. Ian’s business sense has also led many healthy corporations to engage him for advice on transactions and litigation with financial troubled counterparties.
Ian frequently speaks throughout the country on bankruptcy topics, including various Chapter 11 plan issues and transportation company bankruptcies. Ian is also a prolific author, having published scholarly articles throughout his career and recently serving as a contributing author to the new Bloomberg Law: Bankruptcy Treatise, the first comprehensive bankruptcy treatise published in the last 40 years.
Ian is active in the American Bankruptcy Institute and the Dallas Bar Association and serves on the board of directors of CASA of Tarrant County, a non-profit organization whose volunteers make recommendations for safe, permanent homes for abused and neglected children. Ian has also served the community through his pro bono work, including obtaining asylum in the United States for a client who was violently persecuted in her native country.