— Bankruptcy Litigation
When our clients get pulled into bankruptcy disputes—whether they are former executives accused of wrongdoing, or third parties who find themselves in a facing an unforeseen clawback claim—our firm has the experience to see them through. Our firm has also regularly provided assistance to major corporations and their counsel in their bankruptcy and restructuring battles.
Representative matters include:
Served as conflict counsel for debtors in the bankruptcy of Cumulus Media Inc. and its affiliates, conducting document discovery and taking depositions in response to challenges to confirmation of the bankruptcy plan brought by the Unsecured Creditors Committee.
Obtained voluntary dismissal of a $1 million claw-back claim against our Portuguese client after extensive negotiations with counsel for the litigation trust concerning the trust’s “wrong payor” theory of liability and extraterritorial application of claw-back provisions.
Obtained preliminary relief on behalf of former employees targeted by Rule 2004 subpoenas seeking information relating to alleged improprieties by a debtor’s former executives.
Won dismissal of all claims against the former independent directors of an Israeli-American holding company forced into bankruptcy following the failure of its investment in an Egyptian natural gas pipeline, and settled related clawback actions.
Secured a favorable settlement for the brother of Bernie Madoff’s accountant in defending a claw-back action in the Madoff bankruptcy
Represent an artist in an adversary proceeding in which he seeks the return of millions of dollars of artworks in the possession of the debtor.