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Summary: JD Journal has named the top bankruptcy law firms in New York City.
Note: These are BCG Attorney Search’s favorite bankruptcy law firms in New York City.
From Wall Street to corporate retail giants, New York City has it all. As a hub for money, some companies and individuals in the city will inevitably owe more than they earn; and that’s when the bankruptcy attorneys are called to help. While New York City has BigLaw offices that handle these types of cases, some clients are looking for more personalized attention. That’s where boutiques and mid-size firms come in.
JD Journal has identified the best of the smaller bankruptcy law firms, and we’ve compiled a list of them below. The following are ranked by sized.
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Founded in 1960, Olshan Frome Wolosky has grown into a thriving mid-size firm that focuses on bankruptcy and financial restructuring. The 82 attorney firm represents clients such companies, creditors, landlords, and vendors. They have over fifty years of experience as bankruptcy specialists.
“As an experienced bankruptcy law firm, our goal is always to design and implement the strategy best suited to our clients’ business plans in a cost effective and pragmatic manner,” the website states.
2. Otterbourg
New York-based Otterbourg serves leading financial institutions and commercial businesses, and they are one of the nation’s leading insolvency law firms. One of their major clients is Bank of America, and in 2010, they helped get a $800 million bankruptcy lawsuit against BOA dismissed.
“We are particularly well known for our representation of official and unofficial committees of unsecured creditors whose members include trade creditors, service providers, bondholders (whether senior, pari passu or subordinated), indenture trustees, undersecured lenders, litigation and liquidation trusts, unions, governmental entities, landlords, class action plaintiffs, former officers, directors and employees,” their website states.
3. Togut Segal & Segal
Togut Segal & Segal focuses only on corporate bankruptcy law. Created in 1980, the 15 attorney boutique represents debtors, creditors, and trustees. They have served as court-appointed counsel in hundreds of cases. Some of their clients include Dewey & LeBoeuf LLP, Loehmann’s, and Relativity Media.
“Togut, Segal & Segal LLP is a highly-specialized “boutique” law firm with a national reputation for excellence in bankruptcy, corporate reorganization, fiduciary representatives and creditors’ rights,” the website states. “For the past 34 years, our attorneys have built a reputation of excellence, efficiency, and innovation as debtor’s counsel, conflicts counsel, post-confirmation trust counsel and special litigation counsel in some of the largest and most complicated bankruptcy cases ever filed.”
4. Halperin Battaglia Benzija
Halperin Battaglia Benzija is a New York boutique that focuses solely on bankruptcy. With a dedicated team of 11 attorneys, the firm works with clients on out-of-court restructurings, chapter 11 reorganization and liquidation cases, debtor-creditor litigation and transactional advice.
“We are frequently called upon to handle complex and unique problems and to craft creative approaches and solutions. In this vein, while we believe that a non-litigation resolution can often be crafted that resolves issues in a favorable manner, when resolution on favorable terms is not possible, we are ready and able to represent clients in all facets of litigation, from the filing of a complaint or answer through trial,” their website states.
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