Bruce Bennett has represented debtors, creditors, and business acquirers in many of the largest corporate reorganizations in the United States in the retail, gaming, media, telecommunications, heavy industry, aviation, manufacturing, real estate, insurance, energy, banking, utility, and computer technology sectors.
Bruce currently represents holders of approximately 40% of the equity interests in PG&E Corp., the owner of Pacific Gas & Electric Co., the largest utility in California and one of the largest in the United States. He has recently acted as counsel for major creditors in the chapter 11 cases for iHeart Communications, Caesars Entertainment Operating Corp., Energy Future Holdings, and General Motors and in out-of-court negotiations and in insolvency cases for instrumentalities of Puerto Rico. He was also co-lead counsel for the City of Detroit in its historic chapter 9 debt adjustment cases.
Prior to joining Jones Day, Bruce was lead lawyer for the Los Angeles Dodgers on their $2 billion acquisition by Magic Johnson and other partners. He also was lead debtor's counsel in the country's second largest municipal bankruptcy (County of Orange, California), which commenced following a $1.7 billion loss in county investment pools. Related litigation resulted in the recovery of more than $870 million for the county. He also successfully resolved large bankruptcy cases for lenders, note holders, and equity interest owners, including Adelphia Communications, Enron, Fountainebleau Las Vegas, Green Valley Ranch, Hawaii Medical Centers, Lehman Brothers, MF Global, Olympia & York, Travelport, Tribune Company, and Verso.
Bruce is a member of the American College of Bankruptcy and the Financial Lawyers Conference.
Divided Ninth Circuit Rules That Unimpaired Unsecured Creditors of a Solvent Debtor May Be Entitled to Post-Petition Interest at Contract or State Default Rates
- October 4, 2013
Success and Failure in Professional Sports, Lewis & Clark Law School 18th Annual Business Law Fall Forum
- September 6, 2012
Bloomberg Sports Business Summit--Bidding for the Dodgers and the Road Ahead
- June 28, 2012
How to Sell a Baseball Team
"Sources describe him as a ‘genius tactician’ and ‘one of the top practitioners in the field’."Chambers USA
- Harvard University (J.D. cum laude 1982); Brown University (B.S. in Applied Mathematics and Economics magna cum laude 1979)
Chambers USA (Nationwide Band 1; California Band 1)
Legal 500: leading lawyer in finance (corporate restructuring and municipal bankruptcy)
"Dealmaker of the Year," The American Lawyer (2015, 2017)
"Top 100 Lawyers in California," Daily Journal
Best Lawyers in America