Jeff Margolin is a member of the firm's Corporate Reorganization and Bankruptcy Practice Group in New York. He has substantial experience in the liquidation of brokerage firms under the Securities Investor Protection Act (SIPA). In addition, Jeff’s practice focuses on all aspects of domestic and international debt restructurings and workouts and distressed acquisitions, as well as related litigation. His work has included representing debtors, creditors, and acquirers in U.S. Chapter 11 and Chapter 15 cases. He has lectured and written articles on a number of bankruptcy topics. He is also involved in bankruptcy pro bono matters, including conducting regular lectures to non-profit organizations on the interplay of family law and bankruptcy law.
Highlighted Publications and Speaking Engagements
“Interplay of Bankruptcy Law and Family Law CLE Program,” Legal Services NYC, August 23, 2017 and December 4, 2019.
“Gunning for New Disinterestedness Standard for Bankruptcy Professionals,” Hughes Hubbard & Reed LLP Bankruptcy Report, October 31, 2016.
Lecturer, "Recent Trends in Bankruptcy," Heyman Center of Corporate Governance, Benjamin N. Cardozo School of Law, Jan. 23, 2013.
Co-author, "Avoiding Rough Seas in the Distressed Debt and Bankruptcy Morass," The Journal of Bankruptcy Law (November/December 2008).
Co-author, "Directors and Officers of a Wholly Owned Insolvent Subsidiary Owe Fiduciary Duty to Subsidiary," Martindale (July 24, 2006).
"Taming the Pernicious Creature that is Section 523(a)(15) of the United States Bankruptcy Code," Cardozo Women’s Law Journal 8, no. 1 (2001).
Recognition
Recommended in The Legal 500 United States in the area of Finance - Restructuring (including Bankruptcy): Corporate (2022, 2023)
Court Admissions
Southern District of New York
Eastern District of New York
Highlighted Matters
Highlighted Matters
SIPA Liquidations:
Involved in all facets of the firm's representation of trustees appointed pursuant to the Securities Investor Protection Act (SIPA), including the trustee for the liquidations of Lehman Brothers Inc. and MF Global Inc.
Creditor and Asset Purchaser Representations:
Represented Delta Air Lines, Inc., the top U.S. airline, in its capacity as strategic partner and equity investor in the chapter 11 restructuring of Mexico’s largest airline, Grupo Aeroméxico. The representation resulted in Delta maintaining a significant equity stake in reorganized Aeroméxico.
Advised Airbus OneWeb Satellites LLC, the Florida and France based manufacturer for satellites for the OneWeb enterprise, as a counterparty and principal supplier in the successful $2 billion chapter 11 restructuring of OneWeb.
Represented Air France, KLM and Barfield, major contractual counterparties, in the LATAM airlines $16 billion chapter 11 bankruptcy cases.
Defense of Candriam Worldwide Alternative (f/k/a Dexia World Alternative) in a $46 million clawback suit commenced by the foreign liquidators of the Fairfield Sentry funds.
Represented GFG Alliance affiliate in a “363” sale purchase of substantially all of Bayou Steel
BD Holdings LLC’s assets.
Represented Caja Paraguaya De Jubiliaciones Y Pensiones Del Personal De Law Itaipu
Binacional (CAJUBI) in connection with its various claims and as chair of the Creditors’
Committee in the chapter 11 restructuring of life settlements company Mosaic Management
Corp.
Represented the New York Blood Center as chair of the Creditors’ Committee in the $640
million chapter 11 restructuring of prostate drug maker Dendreon Corp.
Represented (pro bono) creditor former spouse in chapter 11 proceeding of debtor ex-husband
wherein obtained orders from the Bankruptcy Court which allowed our client to pursue claims
against the ex-husband outside of the Bankruptcy Court.
Debtor Representations:
Co-Counsel to GOL Linhas Aéreas Inteligentes S.A. (“GOL”), one of Latin America’s largest airlines, in connection with GOL’s pending chapter 11 proceedings.
Counsel to AgileThought, Inc., a U.S. public company with most of its operations in Mexico and other Latin American companies, and its subsidiaries in all aspects of their chapter 11 cases.
Represented Stanadyne, LLC, a leading fuel pump and fuel injector developer and manufacturer, in all aspects of its $350 million chapter 11 proceedings.
Financing counsel to Pace Industries, the nation’s largest metal die-caster, in its prepackaged chapter 11 case.
Counsel to private equity firm Kenner & Co. in the recapitalization of portofolio company Form Technologies, a leading global group of precision component manufacturers.
Counsel to the Special Committees of the Boards of Directors of Jagged Peak, Inc. and TradeGlobal North America, Inc., Singapore Post's two U.S. e-Commerce companies, in their chapter 11 restructuring.
Represented Patriot National Inc., Florida-based insurance services company and 18 of its domestic subsidiaries, in its chapter 11 restructuring.
Counsel to CST Industries, Inc., the world's largest and leading tank and dome manufacturer, in its chapter 11 asset sale.
Counsel to Exelco NV, a Belgian diamond wholesaler and distributor, and six of its U.S. affiliates in chapter 11 proceedings.
Represented Ultrapetrol (Bahamas) Ltd., a Bahamian shipper, in an extremely efficient 53-day long pre-packaged chapter 11 bankruptcy with more than $500 million in
liabilities.
Counsel to Republic Airways Holdings Inc. in connection with its $3.6 billion chapter 11 restructuring.
Cross-Border Restructurings:
Counsel to PricewaterhouseCoopers Canada as Canadian receiver of Fletcher Leisure Group Ltd. and its affiliates in obtaining emergency
chapter 15 relief, securing injunctions to protect U.S. assets from collection actions by
creditors, and ultimately arranging asset sales.
Counsel to the Japanese receiver in the chapter 15 filing of Namirei–Showa Co., Ltd.
Counsel to the Canadian bankruptcy monitor of Baronet Inc. in chapter 15 proceedings.
Yeshiva University, Benjamin N. Cardozo School of Law, J.D., 2002, Editor, Cardozo Women's Law Journal 2001-2002, Samuel & Ronnie Heyman Corporate Governance Scholar