Overview
Chuck Gibbs focuses his practice on insolvency and restructuring. For nearly 40 years, he has been recognized as one of the country’s leading restructuring lawyers, being ranked by Chambers & Partners for over 20 years, including being ranked as Band 1 for more than a decade. Chuck has been named one of the Best Lawyers in America since 2006, including being awarded “Lawyer of the Year” in 2019. He has been recognized as a “Leading Individual” by both The International Who’s Who of Insolvency and Restructuring Lawyers since 2008 and The Legal 500. Chuck has led public and private companies through challenging and complex financial restructurings. Throughout his career, Chuck has been on the cutting edge of novel restructuring issues ranging from Caribbean resorts to centralized cryptocurrency exchanges. Most recently, Chuck was tasked with leading the Official Committee of Unsecured Creditors in Voyager Digital Holdings, Inc., the largest cryptocurrency exchange bankruptcy in history as of the date of filing.
Chuck is frequently engaged in multijurisdictional and cross-border matters for debtors, secured creditors, official and ad hoc creditors’ committees, equity committees and asset buyers. His cross-border experience includes representing joint liquidators in Caribbean insolvency proceedings, including the largest individual fraud case in history. Chuck partners with non-money center secured lenders, particularly in the real estate space, leveraging his deep experience in handling hundreds of real estate loan workouts on behalf of lenders, both in and out of court.
Results
- Represented official committee of unsecured creditors of an oil and natural gas exploration and production company*
- Represented official committee of unsecured creditors of an independent natural gas/crude oil exploration and production company*
- Represented official committee of unsecured creditors of an IRC Section 1031 Qualified Exchange subsidiary of one of the nation’s largest title insurance companies*
- Represented joint official Cayman Island liquidators of an integrated security company in its Chapter 15 case and Chapter 11 cases of high profile Texas business entrepreneurs*
- Represented ad hoc group of secured noteholders in Chapter 11 filing of a Houston energy company*
- Represented official committee of unsecured creditors in Chapter 11 case of an independent energy company*
- Represented official committee of unsecured creditors in Chapter 11 filing of a coal provider*
- Represented official committee of equity security holders in Chapter 11 case of a Houston-based shallow-water drilling company*
- Represented official committee of unsecured creditors in Chapter 11 plan of a commercial real estate investment company*
- Represented official committee of unsecured creditors in Chapter 11 filing of a Mexican restaurant chain*
- Represented official committee of unsecured creditors in the reorganization of one of the world’s biggest textile makers*
- Debtor’s counsel in bankruptcy of a Texas-based oil and gas exploration and production company*
- DIP lender counsel in Chapter 11 plan of a provider of integrated geoscience solutions*
- Debtor’s counsel in bankruptcy of a privately held oil and gas exploration and production company*
- Debtor’s counsel in Chapter 11 filing of a Caribbean resort developer*
- Debtor’s counsel in Chapter 11 plan of a mall-based specialty retailer*
- Debtor’s counsel in Chapter 11 reorganization of a Houston-based independent energy company*
* Matter handled prior to joining McDermott
Recognitions
- Best Lawyers in America, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law and Litigation – Bankruptcy, 2006-2025
- Chambers USA, Band 1 in Bankruptcy/Restructuring, 2023-2024
- Legal 500 US, Recommended, 2021-2024
- Chambers USA, Leading Individual, 2004-2022
- The Best Lawyers in America, Lawyer of the Year, 2019
- Legal 500 US, Leading Individual, 2016
- The International Who’s Who of Insolvency and Restructuring Lawyers, 2008-2020
- Super Lawyers Texas, 2005-2020
Community
- Texas Bar Foundation, Sustaining Life Fellow
- Dallas Opera Company, Board of Trustees, 2010-2016
- Knox College, Board of Trustees, 2008-2015
- Preston Hollow Presbyterian Church, elder, 2008-2014
Credentials
Education
Southern Methodist University JD, 1978
Southern Methodist University, MBA, 1978
Duke University, BA, 1974
Courts/Agencies
US Court of Appeals for the First Circuit
US Court of Appeals for the Third Circuit
US Court of Appeals for the Fourth Circuit
US Court of Appeals for the Fifth Circuit
US Court of Appeals for the Eighth Circuit
US District Court for the Northern District of Texas
US Bankruptcy Court for the Northern District of Texas
US Bankruptcy Courts for the Southern District of Texas
US Bankruptcy Courts for Eastern District of Texas
US Bankruptcy Courts for the Western District of Texas
Admissions
Texas