T.J. Li is a finance associate in the New York office of Latham & Watkins and a member of the Restructuring & Special Situations Practice.

T.J. advises and represents debtors, creditors, and non-debtor affiliates in corporate restructuring and insolvency matters across a wide range of industries and sectors. As a Certified Public Accountant, T.J. leverages in-depth financial knowledge in his legal practice to understand client needs and achieve business objectives.

Following law school, T.J. clerked for Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York.

While a law student at Cornell Law School, T.J. was awarded the CALI Excellence for the Future Award in Bankruptcy (first in class) and was the second-place winner of American Bankruptcy Institute’s Tenth Annual Law Student Writing Competition for his paper “From Sunbeam to In re Tempnology: Solve the Trademark Puzzle with a Burden Shifting Framework.

T.J. maintains an active pro bono practice, including representing a veteran before the US Court of Appeals for Veterans Claims.

Prior to joining Latham, T.J. worked at a leading international law firm practicing restructuring, insolvency, and bankruptcy law.

T.J.’s broad experience includes advising:

Company-Side Restructurings

  • Mallinckrodt plc and affiliated debtors in their second chapter 11 cases
  • Virgin Orbit Holdings, Inc. and its US subsidiaries (a US-based responsive space launch provider) in their chapter 11 cases
  • The parent company of National CineMedia, LLC in its chapter 11 case 
  • MD Helicopters in connection with its chapter 11 bankruptcy and sale transaction, selected as Distressed M&A Deal of the Year (over US$100M) in the 17th Annual Turnaround Awards
  • Pacific Drilling S.A. and affiliated debtors in their chapter 11 cases
  • Yueting Jia (founder of Faraday Future) in the international restructuring of Jia’s more than US$3 billion of guaranty and other Chinese business liabilities through US chapter 11, which garnered recognition as Turnaround Atlas Awards’ 2021 Cross Border Turnaround of the Year (Large)*
  • Puerto Rico’s Fiscal Agency and Financial Advisory Authority in restructuring debt obligations of Puerto Rico and its instrumentalities*
  • Verso Corporation, as the prevailing debtor-appellee in an appeal before the Third Circuit*

Creditor- and Investor-Side Restructurings*

  • Leadenhall Capital Partners LLP, as secured creditor and DIP lender, in the chapter 11 case of Reverse Mortgage Funding, LLC
  • National Cinemedia, LLC in the chapter 11 cases of Cineworld Group
  • Paladin Health Care’s non-debtor property-owning affiliates in the chapter 11 cases of the operating company of Hahnemann Hospital
  • New Look, a leading UK multichannel fashion retailer, on its chapter 15 recognition proceedings to implement an English law scheme of arrangement
  • An ad hoc group of prepetition and DIP lenders in the chapter 11 cases of 24 Hour Fitness Worldwide, Inc. and affiliated debtors*

*Matter handled prior to joining Latham

Bar Qualification

  • New York

Education

  • JD, Cornell Law School, 2018
  • BA in Philosophy, University of Oregon, 2015
    with honors
  • BS in Accounting, University of Oregon, 2015
    cum laude