Arsalan Muhammad

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Arsalan Muhammad

Haynes and Boone, LLP, Houston, TX

ARSALAN is a partner with Haynes and Boone, LLP and a member of its Restructuring Practice Group. His practice focuses on bankruptcy and restructurings, including related financings, acquisitions and litigation. His experience includes the representation of chapter 11 and 15 debtors, secured and unsecured creditors, and other parties-in-interest in a variety of business restructuring matters. He also has represented purchasers in acquiring assets and companies in chapter 7 and chapter 11 bankruptcies, and he advises borrowers and lenders with respect to counterparty risks and out-of-court restructurings. His restructuring experience includes the representation of debtors and purchasers in a variety of industries, including aerospace, commodities, E&P, gas storage facilities, oilfield services, television and radio, pharmaceuticals, restaurant, software, technology and utilities. In addition, he regularly represents financial institutions, including banks, private-equity funds and other lenders.

Arsalan’s work with a team of attorneys in a transaction involving Landry’s, Inc. was awarded the 2018 Global M&A Network Turnaround Atlas Award, and the 2023 Mid-Size Company Turnaround/Transaction of the Year Award for the bankruptcy case of Express Grain Terminals. He is a Fellow of the Texas Bar Foundation and president-elect of the Houston Chapter of the Turnaround Management Association (TMA), where he has taken the lead to ensure more diversity on TMA’s board by creating a more formal process for selecting board members. He also is a Leadership Council on Legal Diversity Fellow and a Texas Bar Foundation Fellow. He has spoken at the University of Texas School of Law’s Westbrook Bankruptcy Conference, a bankruptcy law seminar at LSU Law Center, and the Southern District of Texas Bankruptcy Bench Bar Conference on a variety of topics. In addition, he has spoken at many financial institutions and events hosted by Haynes and Boone and other industry groups, discussing insolvency developments and other relevant topics, and his writings include Cash Pooling and Insolvency, a Practical Global Handbook, Collier’s Labor and Employment section, and “Rated Note Feeders: Issues Facing Subscription Line Lenders” for LexisNexis Practical Guidance.

Arsalan was born in Karachi, Pakistan, and moved to Houston at the age of seven. As an immigrant, he has developed the critical skills and empathy that have shaped him personally and professionally. In his firm, he is co-chair of its Working Parents Network. He also is involved in various Muslim bar associations outside of the firm.



“[Arsalan’s] manner with clients has always been that of a gentle but tough leader; he remains calm and constructive, focused on contributing to the formulation of solutions that reflect consensus among competing points of view.”