Publications  |  08.06.2026

Choate Authors Publish Law360 Article on the Growing Role of Independent Directors in Complex Restructurings

The article “QVC Ch.11 Confirmation Shows Independent Directors’ Value,” by John Ventola, Jonathan Marshall, Doug Gooding, and contributing author Alexandra Thomas has been published in the August 6, 2026 edition of Law360.

Highlighting the recent restructuring decisions involving QVC Group and Vanderbilt Minerals, the article examines the growing use of independent directors and special committees in complex restructurings to investigate and resolve potentially contentious claims before a bankruptcy filing. They note that by addressing these issues prepetition, companies may be able to reduce the delays and professional-fee expenses often associated with postpetition committee investigations.

Choate’s nationally recognized Finance and Restructuring Group closes hundreds of transactions every year, for a wide array of clients, with facility sizes ranging from $25 million to in excess of $4 billion. Our restructuring attorneys focus on providing creative solutions to highly complex issues arising with financially distressed businesses, including with respect to corporate governance, security enforcement actions, asset sales, bankruptcy strategies and out-of-court restructurings. Additionally, our team advises independent directors and special committees in fulfilling their critical oversight responsibilities and satisfying stringent legal and governance standards, particularly in distressed or highly complex situations. Learn more.