Andrew Troop | Lawyer

Andrew is smart, efficient and diplomatic. He does an impressive job of balancing needs and expectations … in a highly dynamic and complex bankruptcy environment.

—Chambers USA

Andrew Troop, Pillsbury’s Insolvency & Restructuring Practice Group Leader, advises a global clientele on business reorganizations, debtors’ and creditors’ rights and crisis response, representing them in high-profile cases and related litigation.

Andrew represents debtors, creditors, acquirers, landlords, and creditors’ and equity committees from diverse industries both in and out of court. He has helped private equity clients acquire, sell and reorganize U.S. and international portfolio companies and defend fraudulent transfer and breach of duty claims. He also represents nonprofits in debtors’ and creditors’ rights matters, and has distinguished himself representing States in complex restructurings where State priorities and the U.S. Bankruptcy Code intersect.

Andrew also has an active pro bono practice. He has served on the Board of Directors for the Greater Boston Legal Services for over a decade, and was honored by the Massachusetts Bar Association with its 2017 Pro Bono Publico award, which is presented to individuals who have been instrumental in developing, implementing and supporting pro bono programs.

Representative Experience

Representing the Ad Hoc Group of Non-Consenting States, which consists of 24 states and the District of Columbia, in the chapter 11 bankruptcy of Purdue Pharma and affiliates, a large, complex and first-of-its-kind mass tort opioid case (In re: Purdue Pharma L.P.).
Representing the multi-state Executive Committee for Endo Pharmaceuticals in resolving the consideration to be received by 51 States and Territories from the purchaser of Endo’s opioid business in Endo’s chapter 11 case (In re Endo Pharmaceuticals).
Representing the Attorney General for the State of New York in connection with the chapter 11 case of INSYS Therapeutics, the manufacturer of Subsys, a Fentanyl-based spray.

Represented multiple creditors in connection with the chapter 11 bankruptcy of Zetta Jet.

Represented the majority shareholders of Gibson Brands in its chapter 11 bankruptcy. The matter was recognized as the 2019 Mid-Size Company Transaction of the Year by the Turnaround Management Association (In re: Gibson Brands, Inc.).

Advised Millennium Custodial Trust, created as part of the LyondellBasell chapter 11 plan. Counter to projections, the trust distributed approximately $123 million more in value to its beneficial holders than had been predicted at confirmation (In re: Lyondell Chemical Company, et al).

Advised Virginia Conservation Legacy Fund in its acquisition of Patriot Coal assets, a novel transaction that won a 2015 Distressed M&A Deal of the Year (over $100 million to $1 billion) award from M&A Advisor and the 2016 Financial Times North America award for Innovation in Unlocking and Delivering Value.

Represented IHI, JGC and JMU in negotiating their exit from EAS, a company in Brazil, including advising on complications resulting from an ongoing corruption investigation and a depressed Brazilian economy.

Pro Bono
- Represented 15 Chinese immigrants who had been deprived of their wages by their employer, successfully squashing the employer’s attempt to discharge her financial obligations through bankruptcy. Working in collaboration with Greater Boston Legal Services, the lawsuit resulted in three separate decisions by the Massachusetts Bankruptcy Court, all in favor of our clients.
- Advised a group of more than 20 subsidized housing tenants threatened with eviction by their bankrupt landlord. Working with a coalition of law firms, city agencies and tenant advocacy groups, secured a precedent-setting win for these low-income tenants that permitted nonprofit Codman Square Neighborhood Development Corporation to purchase two properties from the landlord’s bankruptcy estate, thereby preserving 59 affordable housing units for 50 years.
- Represent various advocacy groups in a voting rights dispute in Boston involving whether the City needed to provide transliterated ballots.

Professional Highlights

Recognized by Chambers USA in Bankruptcy/Restructuring; Best Lawyers (published by BL Rankings LLC), Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law (2006 – 2024); Litigation – Bankruptcy (2011 – 2024); among Nightingale Health Care News' "Top 10 Health Care Transaction Lawyers of the Year."
Co-chairs the American Bar Association Business Bankruptcy Committee’s Government Powers Subcommittee.
Coordinating Editor for the American Bankruptcy Institute Journal's "Toxins-Are-Us" column.

Honors & Awards
- Member of the team awarded the 2019 Mid-Size Company Transaction of the Year Award at the 31st Annual TMA Turnaround and Transaction Awards for the team’s work on behalf of Gibson Brands, Inc. (See TMA Talks: Ensuring the Future of Gibson Guitars with Andrew Troop and Michelle Damico.)
- Key member of the team recognized at both the Global M&A Network’s 10th Annual Americas M&A Atlas Awards as the winner of the Americas Restructuring – Small Market award and at the 13th Annual M&A Advisor’s Turnaround Awards in the Restructuring of the Year ($10 million - $25 million) category for the team’s work on an extraordinarily complex chapter 11 restructuring for the Lynnhill Condominium Association.
- Member of the team awarded the Distressed M&A Deal of the Year (Over $100 million to $1 billion) at the 10th Annual M&A Advisor’s Turnaround Awards for their representation of the Virginia Conservation Legacy Fund in its $860 million acquisition of bankrupt Patriot Coal’s assets.
- The Legal 500 U.S.
- Massachusetts Bar Association, Pro Bono Publico Award, April 2017
- Nightingale Health Care News, Top 10 Health Care Transaction Lawyers of the Year
- IFLR 1000

Speaking Engagements
- “Third Party Releases in Bankruptcy,” ABI Caribbean Symposium, January 24, 2024
- “Adding Value at the Front End: Applying Tempnology to Pre-Bankruptcy Contractual Planning,” ABI Northeast Bankruptcy Conference, July 15, 2022
- “A Charitable Exploration of Bankruptcy Issues Affecting Nonprofits,” ABA Business Law Section Hybrid Spring Meeting, April 1, 2022
- “Mass Tort Update,” American Bankruptcy Institute’s Caribbean Insolvency Symposium, Key Largo, Florida, February 8, 2022
- “The Resolution of Tort Liabilities Through Bankruptcy,” 20^th Annual Advanced Restructuring & Plan of Reorganization Conference, the Association of Insolvency & Restructuring Advisors, November 15, 2021
- “Confronting and Managing Difficult Situations: Leadership in the Time of Crisis,” ABA Business Law Virtual Spring Meeting, April 21, 2021
- “Real Assets Roundup – Projects/Energy,” Pillsbury webinar, April 15, 2020
- “Two Hot Bankruptcy Issues: (1) Puerto Rico: Light and Investment Opportunity at the End of the Tunnel? and (2) Coercive Exchange Offers,” Pillsbury Winthrop Shaw Pittman Annual CLE Marathon, New York City, May 21, 2019
- “Client Satisfaction in the Bankruptcy Context: The Practitioners’ Perspective” and “Lessons Learned from Successful and Unsuccessful Bankruptcy Cases: A Practitioners’ Perspective,” Singapore, March 31 – April 4, 2019
- “Cannabis in Canada and the U.S.: From Banking to Bankruptcy,” Vancouver, March 28, 2019
- “The Future of Gas Gathering, Purchase and Pipeline Transportation Agreements in Texas – A Bankruptcy Debate,” Pillsbury Winthrop Shaw Pittman Annual CLE Marathon, Houston, October 18, 2016
- “Addressing Bankruptcy in the Drafting Process,” Pillsbury Winthrop Shaw Pittman Annual CLE Annual Marathon, McLean, Virginia, September 27, 2016
- "State of the Restructuring Industry," M&A Advisor's 2016 Distressed Investing Summit, Palm Beach, Florida, January 28, 2016
- “Pro Bono Service on a Board of a Not-for-Profit in Crisis: Fulfilling Your Not-For-Profit’s Mission During Financial Distress,” American Bar Association Business Law Section Annual Meeting, Chicago, September 17, 2015
- “Keeping Secrets in Bankruptcy: Protecting Your Information When a Counterparty Files,” Pillsbury Winthrop Shaw Pittman Annual CLE Marathon, New York City, February 12, 2015
- “The Mechanics of Prepacks: What Happens Pre-Petition, and How to Make It Stick Post-Petition,” American Bankruptcy Institute’s 21st Annual Northeast Bankruptcy Conference, Stowe, Vermont, July 18, 2014
- “Healthcare and Nonprofits in Bankruptcy,” American Bar Association Business Law Section Spring Meeting, Las Vegas March 23, 2012
- “Managing Legal Relationships,” American Bar Association New Partner and In-House Counsel Conference, Philadelphia, March 3, 2012
- “Involuntary Petitions: Aggressive Collection Efforts are Good (Faith) Until They Turn Bad (Faith),” Pillsbury Winthrop Shaw Pittman Annual CLE Marathon, New York City, March 1, 2012

Education

J.D., Northwestern University Pritzker School of Law
cum laude

B.A., Amherst College
cum laude

Admissions

New York

Massachusetts

Andrew M. Troop

Representative Experience

Professional Highlights

A Charitable Exploration of Bankruptcy Issues Affecting Nonprofits

Acquisition of Distressed Renewable Energy Projects

American Bankruptcy Institute’s Caribbean Insolvency Symposium

Confronting and Managing Difficult Situations: Leadership in the Time of Crisis

Andrew M. Troop

Areas of Focus

Practices

Representative Experience

Professional Highlights

Andrew's Insights

A Warning to Contract Counterparties: A Debtor Can Sell Your Fully Performed Contract Without Curing Defaults and Paying Your Claim in Full