Stroock was founded in 1876 and has since grown to a full service firm operating in four cities in the United States. The firm’s headquarters and largest office is in New York, but it also maintains offices in Los Angeles, Miami and Washington D.C. Nationwide, the firm is best known for its work with registered funds.  

Focusses/specialisms 

In addition to Stroock’s strong nationwide registered funds practice, the New York office also maintains a notable real estate and restructuring and insolvency practice. 

The firm’s banking practice is closely linked to the restructuring and insolvency practice. Many of its financing transactions involve acting on the borrower and lender side for DIP and exit financings. It does also represent lenders and borrowers in acquisition financing and refinancing matters.

Stroock’s capital markets team is highly active in the debt and derivatives practice areas, representing issuers and bondholders. Debt capital markets matters are closely linked to restructurings, where the team works on recapitalizations related to bond issuances. It also works on convertibles bond issuances. Derivatives matters include forwards.

In investment funds, the team acts for financial institutions in private equity fund formations. 

The M&A practice acts on the buy and sell side in public and private acquisitions, mergers and joint ventures. Though it mostly works on strategic acquisitions, it does also participate in private equity acquisitions. 

The restructuring and insolvency practice advises creditors and debtors in Chapter 11 proceedings and out of court financial restructuring. The derivatives practice advises banking and financial institutions in the commodities industry on financing, especially related to restructuring and insolvency. 

The New York office in particular has a notable real estate practice, where it represents property developers, financiers and REITs in property development, acquisitions, financing and REIT formations.  

Key clients 

Key clients for the firm include Innovairre Holding, JP Morgan Chase Bank, Payless, Axar Capital Management, Metropolitan Partners, the official committee of unsecured creditors of EP Energy, Merrill Lynch Commodities, Freepoint Commodities, Mirae Asset Securities, Ultimate Sotware, Castleton Commodities, Highlands REIT, Capitol Yards REIT, Samsung SRA Asset Management and Wicker Park Capital Management.