Bankruptcies and restructurings are among the most challenging problems faced by businesses. We are committed to vigorously protecting our clients’ interests in bankruptcy proceedings and out-of-court workouts and to achieving the best possible outcomes.
The firm’s Bankruptcy and Corporate Restructuring Practice Group is thoroughly experienced in representing debtors and debtors-in-possession, asset purchasers, and secured and unsecured creditors. Our clients include a wide range of public and private middle-market companies as well as creditors’ committees. In addition, we represent many real estate owners in connection with loan restructuring, and counsel individual clients with respect to complex individual debt restructuring.
We work closely with the firm’s Litigation, Corporate and Securities, and Real Estate Practice Groups to find efficient solutions in difficult business environments. Our attorneys have appeared in the bankruptcy courts of the Southern and Eastern Districts of New York and also in other courts around the country.
Our practice encompasses:
|Brownstein, Michael Z. Counsel||Counsel||212.216.8036|
|Cavaliere, Rocco A. Partner||Partner||212.216.1141|
|Goldstein, Arthur Counsel||Counsel||212.216.1119|
|Makower, Jill Counsel||Counsel||212.216.1179|
|Markowitz, Scott S. Partner||Partner||212.216.8005|
|Piazza, Deborah J. Partner||Partner||212.216.1140|
|Spizz, Alex Partner||Partner||212.216.1155|
|Wolf, Robert A. Partner||Partner||212.216.1159|
Deborah J. Piazza published the article “Stalking Horse Bidder – To Be or Not To Be” on the inforuptcy blog. This article addresses the “stalking horse” – the initial bidder with whom a debtor or trustee negotiates and enters into in a purchase agreement.
Deborah J. Piazza wrote the article “When Purchasing Distressed Assets, Protect Yourself Against Possible Fraudulent Transfer Litigation.” This article addresses the two types of fraudulent transfers - actual fraud and constructive fraud and provides guidance on how best to protect yourself against the risk of possible fraudulent transfer litigation.
Tarter Krinsky & Drogin LLP is pleased to welcome Jill Makower to the Bankruptcy and Corporate Restructuring Practice.
The firm is representing NYC Constructors Inc. and its subsidiary in their respective bankruptcy cases.
The Global Restructuring Review recently featured a case that is being handled by Bankruptcy and Corporate Restructuring partner Alex Spizz, who is serving as Chapter 7 trustee to administer the affairs of Ampal-American Israel Corporation (Ampal).
Tarter Krinsky & Drogin has been retained as counsel to the Official Committee of Unsecured Creditors in the Chapter 11 case of Transmar Commodity Group Ltd., pending in the Bankruptcy Court for the Southern District of New York.
Bankruptcy partner Rocco Cavaliere has been appointed as the co-chair of the New York County Lawyers’ Association’s (NYCLA) Bankruptcy Law Committee.
Tarter Krinsky & Drogin LLP is pleased to announce the addition of Alex Spizz, Perry L. Cohen, Arthur Goldstein, Paul Richard Karan and Jill Makower.
Tarter Krinsky & Drogin LLP is pleased to welcome Robert A. Wolf as a Partner in the Bankruptcy and Financial Restructuring Group. Bob is experienced in all aspects of bankruptcy, real estate and commercial litigation.
On April 28, 2011, The Christian Brothers' Institute and The Christian Brothers of Ireland, Inc. became the first Roman Catholic religious order to file voluntary petitions in the United States Bankruptcy Court in the Southern District of New York seeking relief under the provisions of Chapter 11 of the United States Bankruptcy Code.
Tarter Krinsky & Drogin is representing Main Street Connect LLC d/b/a Daily Voice an online hyper-local news website which operates approximately 41 local news websites in Westchester County and Fairfield County, CT.
Scott S. Markowitz has joined Tarter Krinsky & Drogin as a Partner and will lead the firm’s Bankruptcy and Corporate Restructuring Practice.
HRH Construction LLC filed a Chapter 11 petition with the United States Bankruptcy Court in the Southern District of New York on September 6, 2009. The Creditors’ Committee selected Tarter Krinsky & Drogin as its counsel to represent it in HRH’s Chapter 11 case.
One of the most controversial bankruptcy court cases of the past year was Fisker Automotive Holdings, Inc. ("Fisker") decided in Delaware. Many investors have feared the Fisker decision would forever change the market for the strategic acquisition of secured debt. However, Fisker should only be read in the context of the particular facts and circumstances of that case.
This article addresses the two types of fraudulent transfers - actual fraud and constructive fraud and provides guidance on how best to protect yourself against the risk of possible fraudulent transfer litigation.
As most investors know, you can obtain a great deal purchasing assets out of a bankruptcy estate. But do you want to be the first interested party to negotiate and enter into a purchase agreement? Do you want to be the party that conducts all of the due diligence and sets the minimum purchase price?
This article addresses issues to consider when purchasing real estate assets in bankruptcy including other parties with rights to the property, which leases or other interests may exist, and the intentions of current tenants and other parties in interest.
Bankruptcy can be an important financial tool. Through the Chapter 11 process, bankruptcy can allow a company to restructure its debt and become a more efficient and profitable business, without the threat of looming creditors. There are many benefits to a Chapter 11 proceeding. For example a corporation’s existing management can stay in control of the business as a Debtor in Possession (DIP) as long as it continues to exercise reasonable business judgment and does not act in an incompetent or fraudulent manner.