
Stephen Silverman
Partner at Gibson Dunn in New York in the Restructuring and Liability Management practices, advising on ad hoc creditor groups, LMEs, and chapter 11 strategies.
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Mar 5, 2026 • 22min
An ad hoc discussion of ad hoc lender groups
Stephen Silverman, Partner at Gibson Dunn who advises on restructuring and liability management, offers a legal view on ad hoc lender group trends. He discusses why such groups formed, how liability management exercises changed their role, early organization drivers, cross-holding strategies, and whether organized groups speed restructurings and enable hybrid out-of-court deals.


