Adam L. Shiff’s practice focuses on all aspects of bankruptcy and restructuring, including representing debtors, formal and informal committees of creditors and equity securities holders, trustees, investors and purchasers of distressed businesses.
Adam has worked on many of the major U.S. bankruptcies and restructurings over the past 20 years, having represented major parties in interest in LightSquared, Caesars Entertainment, Adelphia, Eastman Kodak, Borders, Capmark Financial, WorldCom, Residential Capital, Fine Host, Marvel Entertainment, Stations Holdings (f/k/a Benedek Broadcasting), and Trump Entertainment Resorts.
Adam has been highlighted by The Legal 500 as an “effective and industrious lawyer” in the area of Finance: Corporate Restructuring, recognized in Chambers USA and Benchmark Litigation, and ranked as a leading lawyer by IFLR 1000 and Super Lawyers.
- Emergent Capital and White Eagle in a $370 million litigation against Beal Bank in White Eagle’s Chapter 11 case in Delaware Bankruptcy Court in connection with a loan portfolio which was settled on favorable terms.
- Harbinger Capital in successfully restructuring its $2 billion investment in LightSquared, including related litigation by Harbinger against Dish Network and the FCC.
- TPG Capital and senior TPG partners, in bankruptcy proceedings and multiple state and federal court actions concerning TPG portfolio company Caesars Entertainment.
- J. Crew in litigation against its Bank Agent.
- Board of Trustees of the ResCap Liquidating Trust.
- U.S. Bank, as administrative agent to the first lien lenders and the first lien lenders to CORE Media, a prominent entertainment company and owner of the American Idol franchise, in connection with a restructuring and potential litigation.
- The Renco Group in litigation against Wilmington Trust and in the Chapter 7 cases of Magnesium Corporation of America.
- The Official Creditors Committee of Adelphia Communications in designing Adelphia Communication’s Chapter 11 plan, advising on a $11 billion asset sale and numerous actions against, among others, commercial banks and their investment bank affiliates, resulting in hundreds of millions in recoveries.
- Prominent individual investors in the successful back-stopped rights offering for Eastman Kodak in its bankruptcy proceedings.
Last updated September 2019