Managing Director, Bankruptcy & Workouts

Legalist is seeking a Managing Director, Bankruptcy & Workouts to lead restructuring, workout, and distressed investment efforts across the platform. This is a high-impact, cross-functional role working closely with senior leadership to protect capital, drive recoveries, and navigate complex legal and financial situations.

Responsibilities:

• Lead bankruptcy, restructuring, and workout situations across investment portfolios
• Develop and execute recovery strategies, including litigation, negotiation, and restructuring pathways
• Step into complex or adversarial situations to protect Legalist’s position as a creditor or investor
• Partner with investment teams to address distressed or at-risk positions
• Evaluate distressed and special situations investment opportunities
• Manage external counsel and advisors in high-stakes matters
• Identify early warning signs and proactively mitigate risk

Qualifications:

• JD preferred
• 8–15+ years of experience in bankruptcy, restructuring, or distressed/special situations investing
• Background in a top law firm and/or distressed investment platform
• Deep expertise in U.S. bankruptcy law and creditor rights
• Strong commercial judgment and ability to operate across legal and investment considerations
• Proven ability to manage complex, high-pressure situations

Preferred Qualifications:

• Experience across multiple asset classes or investment strategies
• Familiarity with litigation finance or legal asset investing