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Bankruptcy News Makers

Welcome to Bankruptcy News Makers. Here you’ll find breaking news on hiring, promotions, company restructuring and other significant events across the bankruptcy industry. 

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Baker Hostetler's Growth Continues in New York Regina L. Griffin and Jorian L. Rose Join Business Group
Baker Hostetler announced that Regina L. Griffin and Jorian L. Rose have joined the firm in its New York office. They join the firm as Partners in the Business Group focusing on Bankruptcy, Restructuring and Creditors' Rights. Griffin was previously Special Counsel at Windels Marx Lane & Mittendorf LLP where she focused on commercial and bankruptcy litigation. Rose was previously a Partner at Venable LLP and, prior to that, served as a Managing Director at Macquarie Capital (USA), Inc. Griffin represents trustees and creditors in connection with complex commercial litigation arising out of corporate insolvencies. Her experience includes representing Chapter 7 and Chapter 11 Bankruptcy Trustees in commercial litigation, avoidance actions and claims of fraud against acquiring companies. Rose brings an extensive background representing clients in distressed and non-distressed transactions, as well as traditional Chapter 11 bankruptcy matters. His experience includes representing creditors, debtors and lenders in complex restructurings and bankruptcies as well as mergers and acquisitions. He has represented clients in a variety of industries such as aerospace and defense, automotive, energy, healthcare, hospitality, leasing, mortgage lending/servicing, real estate, retail and senior living.

Dickstein Shapiro Expands Financial Restructuring & Bankruptcy Practice Welcomes Partners
Dickstein Shapiro LLP is pleased to announce the arrival of bankruptcy Partners Barry N. Seidel, Eric B. Fisher, and Stefanie Birbrower Greer in the firm's New York office. This team, which is widely recognized as among the leading bankruptcy practitioners, represents creditors, debtors, and other stakeholders in sophisticated and high-profile bankruptcies, including the resolution of disputes with large money-center banks. Barry N. Seidel has been involved in some of the largest and most complex Chapter 11 cases in U.S. history and brings more than 30 years of legal experience representing both debtors and creditors in bankruptcy courts and boardrooms across the country. Mr. Seidel's work includes representation of key stakeholders in the General Motors and Delphi bankruptcies, as well as numerous other companies impacted both directly and indirectly by major corporate insolvencies. He regularly advises debtors undergoing reorganization, official and unofficial creditors' committees, bankruptcy fiduciaries, insurers facing potential bond exposure, and large commercial lenders. He also has substantial experience in workouts and Chapter 11 cases involving financially distressed healthcare providers. Eric B. Fisher, a former Assistant United States Attorney in the Southern District of New York, represents companies, partnerships, investment funds and individuals in bankruptcy, securities and other commercial litigation matters. He has served as lead counsel in bench and jury trials in federal and state court; argued numerous appeals before the Second Circuit; and litigated cases to conclusion in a variety of alternative dispute resolution forums including AAA, JAMS and FINRA. He has handled numerous high-stakes bankruptcy litigation engagements, including serving as special litigation counsel to the creditors' committee in the General Motors bankruptcy proceedings and serving as plan administrator in the bankruptcy proceedings of DPH Holdings Corp. (formerly known as Delphi Corporation). He has also counseled clients in business breakup, buyout, and dissolution situations. Stefanie Birbrower Greer has substantial experience in complex restructuring matters and has represented both debtors and creditors in Chapter 11 cases. Her practice focuses on representing clients in litigation involving bankruptcy-related issues. She is a member of the American Bankruptcy Institute. She joins Dickstein Shapiro from Bingham McCutchen LLP.

Polsinelli Shughart Names Christopher Ward as Vice Chair of Bankruptcy and Financial Restructuring Practice
Polsinelli Shughart PC has appointed Christopher A. Ward as vice chair of its Bankruptcy and Financial Restructuring practice group. Ward is also the managing shareholder of the Wilmington, Delaware office. He represents clients in various bankruptcy matters before courts in Delaware and nationally. "This promotion further solidifies our commitment to our national bankruptcy practice and our ability to serve clients coast to coast in all aspects of financial restructuring," said Financial Services Department Chair Dan Flanigan. The Bankruptcy and Financial Restructuring practice group consists of more than two dozen attorneys in Chicago, Denver, Kansas City, New York, Phoenix, St. Louis and Wilmington. Led by Practice Group Chair James E. Bird, the attorneys assist clients in business loan workouts, Chapter 11 business reorganizations, and out-of-court restructurings. In recent years, the firm has been involved in several well known bankruptcy cases including SemCrude, Indianapolis Downs, and Palm Harbor Homes. Polsinelli Shughart recently expanded capabilities with the addition of a Dallas office that extends the firm's reach and complements existing offices stretching from Phoenix to Washington, D.C. The National Law Journal recently ranked Polsinelli Shughart one of the fastest growing law firms in the country.

Phoenix Management Services promotes Michael Gaul
Turnaround advisory and investment banking firm Phoenix Management Services has promoted Michael Gaul. Mr. Gaul has been with Phoenix for over eight years. He has extensive experience in many diverse industries working in a multitude of corporate environments in the areas of turnaround management, financial forecasting, cash management and corporate administration. "Mike has consistently shown exceptional business judgment benefiting our turnaround and interim management clients," states Brian Gleason, Senior Managing Director and Shareholder. "Further, his proactive style and hands-on approach continues to enhance our client's resource team as they approach challenging issues." Since joining Phoenix, Mr. Gaul has served several interim management roles and as Financial Advisor in many of his engagements. Most recently, he played an integral part in the reorganization plan for Orleans Homebuilders Inc., which recently emerged from bankruptcy. Prior to joining Phoenix, Mr. Gaul was an equity research analyst at FleetBoston Robertson Stephens, in San Francisco. Before that, Mr. Gaul was a senior credit analyst in the Specialty Finance Group of Fleet Bank. Mr. Gaul began his banking career at Sanwa Bank, Ltd. in New York.

Creditors' Rights Attorneys Join MMM in Research Triangle Park
Morris, Manning & Martin, LLP has added two of counsel attorneys to its Research Triangle Park office. Attorneys Caren D. Enloe and Chad A. Sharkey, both formerly of Smith Debnam, are experienced commercial litigators who concentrate on creditor's rights issues. "The firm is pleased to have Caren and Chad join Morris, Manning & Martin," said Keith Burns, head of the firm's RTP office. "They further expand our strong presence in the Research Triangle and bring additional strength to our existing, highly recognized creditors' rights, commercial litigation and construction practices. "With over 20 years of litigation experience, Enloe's practice includes the defense of businesses in the credit and collections industries against claims made under state and federal consumer protection statutes, and creditor representation in commercial and consumer bankruptcy cases under Chapters 7, 11, 12 and 13 of the Bankruptcy Code. Her litigation experience includes defending creditors and debt collectors in North Carolina and federal courts, as well as general creditor's rights representation. With over 10 years of litigation experience, Sharkey is experienced in handling a variety of legal matters for large and small businesses and lenders. His practice concentrates on the representation of secured, unsecured and lease creditors in commercial bankruptcy cases, including creditor representation in adversary proceedings and preference actions. Mr. Sharkey's practice also includes lender liability litigation and general business litigation, where he regularly represents lenders, equipment lessors and construction industry clients in state and federal court litigation, arbitrations and mediations.

Marcum LLP Names James Ashe Partner-In-Charge of Advisory Services Group
James T. Ashe, CPA, CFFA and CFF, has been named Partner-In-Charge of Marcum's Advisory Services group. In his new role‚ Mr. Ashe will be responsible for the growth and development of the Advisory Services group which provides forensic, bankruptcy, investigative, and valuation services. Mr. Ashe succeeds Sam Rosenfarb, CPA, ABV, CFE, CVA, CBA, who will continue to lead the Advisory Services group in Marcum's New York City office. "Jim has been a valued partner in Marcum's Advisory Services group for years and we are pleased that he will now be heading the group during this time of aggressive growth at the firm," said Jeffrey M. Weiner, CPA, Managing Partner of Marcum LLP. "His extensive background in forensic accounting and tax and his stellar pedigree make him an ideal leader as we continue to provide our clients with high-quality business and litigation support services." "Marcum's Advisory Services group has some of the most effective, credentialed and tenacious professionals in the industry," said Mr. Ashe. "I am thrilled with this opportunity to lead such a creative and experienced team at Marcum as we expand our services throughout our regional offices and as advisory services continue to evolve in an improving economy."