IFLR1000 Reviews

Financial and corporate

Founded in 1928, Cole Schotz is a notable law firm in restructuring and insolvency. It has expanded to seven offices nationwide in: Hackensack, New York, Wilmington, Baltimore, Boca Raton, Fort Worth and Dallas.

 

Focusses / specialisms

Some of the firm’s strongest restructuring and insolvency teams are in the Hackensack, Baltimore and Wilmington offices. The restructuring and insolvency team firm wide represent sponsors, debtors and creditors in Chapter 11 and Chapter 7 insolvency cases. It also represents debtors in out of court financial restructurings. 

 

Key clients

Key clients for the firm include Maremont, the official committee of unsecured creditors of The NORDAM Group, Westwind Manor Resort Association and Crown Bank.

 

Research period review: 30th edition (2019/2020)

Over the research period the restructuring and insolvency team across the firm represented mostly debtors and creditors in Chapter 11 cases. It also advised debtors in out of court financial restructurings and Chapter 7 insolvency cases.

The Wilmington and Hackensack offices brought over restructuring and insolvency partner Seth Van Aalten from Cooley. Around the same time, partner David Hurst left to join McDermott Will & Emery. Partner Ilana Volkov left the Hackensack, NJ office to join McGrail & Bensinger.

 

Deal highlights: 30th edition (2019/2020)

Cinram Group Chapter 11 restructuring

David’s Bridal Chapter 11 restructuring 

Videology Chapter 11 restructuring

 

Client feedback: 30th edition (2019/2020)

Project development

“Gary Leibowitz is a top notch attorney. His attention to detail and sharp wisdom and knowledge was the reason we were successful in all of our cases.”

 

Restructuring and insolvency

“The firm’s attributes are: bankruptcy expertise, affordable expert rates and exceptional people. The firm provided skilled answers for all issues and was always responsive. Their people were clearly respected by the other law firms involved with this bankruptcy proceeding.”

“Very agile and creative solutions.”

“Very thorough and always available (24/7) – very responsive.”

“Judgement, knowledge of the law, practical and commercial, effective communicators.”

“The Cole Schotz team is proactive and provides effective strategies to navigate through complex legal and business issues.”

“Cole Schotz brings a wealth of experience and practical solutions to the table. They are affordable. They bring senior people to the conversation, not inexperienced junior attorneys. They have great ‘bedside manner.’ They keep their commitments.”