Press Release

Munsch Hardt Recognized as Industry Leaders in 2014 Chambers USA

Jul 1, 2014

Munsch Hardt proudly announces its Restructuring, Creditors’ Rights & Finance practice has once again been ranked at Band 3 by Chambers & Partners (Chambers), publishers of Chambers USA. Chambers also identified Munsch Hardt Shareholder Joseph Wielebinski, founding Partner Russell Munsch, and Shareholder Lee Morris, as notable practitioners within the firm’s Restructuring, Creditors’ Rights & Finance practice. Each year, the distinguished publisher releases a guide of the top ranked practices and attorneys in the country based in part on client and peer feedback.

During the client interview stage of the assessment process, Chambers quoted a client saying, “[Munsch Hardt] is a fabulous firm, with a great restructuring team and a great fit for litigation.” Another client was quoted as saying “law firms shouldn’t just spout information. We need analysis. Munsch Hardt brings that analysis, and they are reliable.” 

Chambers noted that Munsch Hardt’s Restructuring, Creditors’ Rights & Finance practice is one of the largest in Texas, and that the attorneys in this practice group have the capacity to handle the full spectrum of bankruptcy issues, with an especially exemplary reputation for working with creditors. Also noted was the group’s experience in advising on complex Chapter 15 bankruptcies and reorganizations. 

The group received applause for its representation of ATP Oil & Gas as special conflicts counsel in its high-profile Chapter 11 bankruptcy case and for its ongoing work advising on the Texas Rangers bankruptcy, representing Texas Rangers Baseball Partners and the plan administrator for the team in its confirmed reorganization plan, which involved litigation against the former owner of the team and Ballpark Real Estate.

Additional significant clients noted were BNP Paribas, National Credit Union Administration as conservator for Texans Credit Union, Behringer Harvard and Liberty Mutual Insurance Company. 

“We are humbled to once again be included in Chambers USA’s prestigious legal directory,” said Phil Appenzeller, CEO of Munsch Hardt. “Recognition based on client feedback is the highest compliment we could receive, and we are grateful to our clients for their involvement in this process and for their continued support. Munsch Hardt’s commitment to providing clients with innovative, focused, and value-driven results is what motivates us come to work every day.”

As a result of Joseph Wielebinski’s expertise in subjects including bankruptcy, creditors’ rights and financial restructuring, he gained high praise from clients, one of whom says, “he’s very responsive, and he’s aware of matters where we should spend a little money and other times where it’s not in our best interest. He always has our best interests in mind.” Wielebinski is involved in the ongoing representation of the joint liquidators in the Stanford International Bank Chapter 15 bankruptcy.  

Russell Munsch has a wide range of experience in bankruptcy law, but focuses particularly on working with creditors, bank lenders and other financial institutions. One client stated, “He is a tiger, a strategist. He takes no prisoners when we need defending, and doesn’t miss a trick with the strategies of opposing sides.”

Lee Morris, touted as “very talented” by one client, has represented a wide range of interested parties in restructurings. With 20 years of experience in the field, he has an active practice focused on complex restructurings, controlled liquidations, asset acquisitions, and high stakes litigation in the bankruptcy and insolvency arena. Recent work includes acting for the liquidation trustee on the Chapter 11 bankruptcy of Guaranty Financial Group.

Chambers USA is published annually by Chambers & Partners to assess and rank the leading law firms and attorneys in the United States. All rankings are based on in-depth interviews with clients, colleagues, and the lawyers themselves, as well as relevant industry work conducted over the course of one calendar year.