Schulte Roth & Zabel, a law firm that built its house on private credit clients, has formed a special situations practice to assist current and prospective clients in navigating financial difficulties that in previous iterations might have only been solvable in bankruptcy court. Now there are options.

The Am Law 100 firm said that many restructurings occur “out of court” and there are a wide range of solutions and workouts available to clients who seek the right advice.