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Evan D. Flaschen
P: +1.860.256.8537
F: +1.860.760.6310

Noris Fair


Evan Flaschen, named by Who’s Who Legal as the 2015 "Most Highly Regarded Insolvency and Restructuring Individual in the World" who "is 'simply the best' according to our sources," and “one of the all-time greats” (Who’s Who Legal 2016), represents many of the world's largest borrowers, institutional investors, private investment funds, Chapter 11 debtors and financial services companies in out-of-court restructurings, exchange offers and in-court proceedings, both domestically and internationally. Evan is described by Chambers Global as a practitioner "who serves clients extraordinarily well" and "praised by commentators for his ability to 'pull deals together when you really feel like all hope is lost'"; by Who's Who Legal as "an absolute star" who is "widely revered"; and in Global Turnaround as being "for the last fifteen years the 'go-to' guy for American distressed investors interested in Australia." Various other international surveys have described Evan as "one of the globe's leading practitioners," "articulate, focused, commercial, affable and highly respected," "feared and revered," and "singled out for his ‘superb knowledge, fine commercial sense, unending energy and sharp focus.’" A nationwide survey of industry participants and peers honored Evan as one of the ten "Most Admired Bankruptcy Attorneys in the United States."

As a partner in one of the world’s leading energy and resources law firms, Evan has experience in energy and minerals/mining restructurings, including Miller Energy Resources (Alaska), LSP Energy, Plum Point Energy, NRG Energy, Liberty Electric, Griffin Coal (Australia), Sons of Gwalia (Australia), Pasminco (Australia), Henry Walker Eltin (Australia), and Western Metals (Australia). Evan has also represented noteholder and bondholder groups, first and second lien lender groups, official creditors' committees, DIP lenders or bank agents and syndicates in numerous other high profile U.S. and international restructurings, including Centro Properties (Australia), Washington Mutual Bank, TOUSA, Cemex S.A.B. (Mexico and Spain), Australian Educational Trust, Parmalat (Italy), Abitibi (Canada), DURA Automotive, Tembec Industries (Canada), Scotia Pacific, Elders Limited (Australia), Pliant, Remy International, AT&T Canada, Heckler & Koch (Germany), Asia Global Crossing (Bermuda), Loewen Group, Telex Chile, Metromedia Fiber, Teleglobe (Canada), and Chilesat (Chile).

In the world of maritime restructuring, Bracewell has been described as having "the franchise on Chapter 11 proceedings for beleaguered shipping companies" (Amalia Tankers), with a maritime shipping client praising Bracewell's "reputation for being aggressive but constructive lawyers" and for bringing to the table "business knowledge that has helped us craft restructuring strategies we believe will benefit all constituencies" (Lloyd's List). Evan, who has "a front-row view of the shipping industry" (The Deal) and has been described as "the biggest draw at the bankruptcy party" (Lloyd's List) was recently profiled in "A Day in the Life" in TradeWinds+, which stated: "When shipowners are on the brink of bankruptcy, many turn to Evan Flaschen of Bracewell before taking the plunge." Evan's recent maritime restructuring assignments have included not only serving as Chapter 11 debtors' counsel for Sobelmar Shipping (Belgian shipping group), TMT (Taiwanese shipping group), Omega Navigation Enterprises (Greek shipping group) and Marco Polo Seatrade (Dutch shipping group), but also as lenders' or bondholders' counsel in Overseas Shipholding Group and U.S. Shipping, shareholder's counsel in Excel Maritime, and as borrowers' or creditors' counsel in several other situations that are currently confidential.

Evan also “stands out for the quality of his bankruptcy litigation practice” (Who’s Who Legal 2016), including fraudulent transfer litigation, make-whole premium disputes, indenture interpretation litigation, bankruptcy appeals, international jurisdictional challenges and Chapter 15 disputes. Evan has also served as lead counsel, special international counsel or "foreign representative" (a role he pioneered) for a number of multinational Chapter 11 debtors, including Owens Corning, Polaroid, Nextel International, Comdisco, Montgomery Ward, Singer Sewing and Exodus Communications. Evan has appeared in courts in four continents and, in his spare time, he serves as blogger-in-chief and poet laureate for Bracewell's restructuring blog, http://basis-points.com

Publications and Speeches

Evan has published over 120 articles and book chapters in several different countries on workout, restructuring and international insolvency topics. He has also been a lecturer or panelist at more than 170 restructuring, insolvency, distressed debt and maritime shipping programs around the world and his legal writings have been cited by courts around the country and in more than 100 scholarly journals and treatises globally, including Australia, Brazil, Canada, Cayman Islands, China, England, Germany, Israel, Japan, Malaysia, The Netherlands, New Zealand, Norway, Peru, Slovenia, South Africa, Spain and Sweden. They have also been required reading in a number of graduate school courses.


J.D., University of Connecticut School of Law, 1982
B.A., Wesleyan University, 1979

Bar Admissions

New York

Court Admissions

U.S. Courts of Appeals for the 1st, 2nd, 3rd, 5th and 11th Circuits
U.S. District Court for the Southern District of New York
U.S. District Court Connecticut


Elected fellow of American College of Bankruptcy, American College of Investment Counsel, American Law Institute, International Insolvency Institute (Founding Member), American Bar Foundation, and James W. Cooper Fellowship


Chambers & Partners, Chambers Global, Bankruptcy/Restructuring, 2011-2017
Chambers & Partners, Chambers USABankruptcy/Restructuring, 2007-2016
Legalease, The Legal 500 United States, Corporate Restructuring, Leading Lawyer, 2008-2016
Named four times on Euromoney's list of the "Best of the Best" insolvency lawyers
Selected eight times as one of 20 lawyers on the Who's Who Legal list of the "Most Highly Regarded" insolvency lawyers in the world, including number one "Most Highly Regarded" for 2015 based on client and peer comments
Named to Legal 500's list of the top 10 "Leading Lawyers" in the US for corporate restructurings
Selected in a survey by Law360 of restructuring industry participants and practice group heads at the 100 largest law firms as one of the ten "Most Admired Bankruptcy Attorneys" in the US
Named three times as the only US restructuring lawyer on Asialaw Legal's list of "Leading Lawyers"
Chair or member of advisory groups concerning the creation or updating of insolvency legislation for Canada, Estonia, Latvia, Lithuania and Russia
Delegate, United Nations Commission on International Trade Law (UNCITRAL)
University of Connecticut School of Law Distinguished Alumni Award, 2012
Adjunct Professor, University of Connecticut School of Law, teaching an annual seminar entitled "International and Comparative Corporate Insolvency Law," since 1994 (http://evanflaschen.net)
Lecturer, INSOL International Global Insolvency Practice Course
Former President of the University of Connecticut School of Law Foundation Board of Trustees
Trustee of the Greater Hartford Legal Aid Foundation
Numerous awards and citations for pro bono work
"Turnaround of the Year (Large Market)," "Distressed M&A Deal of the Year (Upper Middle Market)" and "Real Estate Deal of the Year ($500 Million and Over)" for work with international investors and lenders on Centro Properties restructuring (M&A Advisor 2012)
"Global Restructuring of the Year" and "European Restructuring Deal of the Year" awards for work with bondholders on Parmalat restructuring (International Financing Review 2005)
Top fundraiser in Connecticut numerous times in connection with an annual 100-mile charity bicycle ride for the National Multiple Sclerosis Society, having raised more than $500,000 to date