Recent Developments in Bankruptcy: 2021 will be remembered as the year when bankruptcy filings precipitously dropped despite the impact of COVID-19. We will discuss impact of Subchapter V and other recent developments that make bankruptcy an
George P. Angelich, Partner:
George P. Angelich is a partner in the Bankruptcy & Financial Restructuring practice at Arent Fox LLP in New York, NY. He represents debtors, committees of unsecured creditors, secured creditors, and lenders in bankruptcy reorganization and liquidation proceedings. George led the team that advised subchapter V debtors Desigual and G-Star. In addition, George represented, Diesel, and successfully confirmed a fully consensual Chapter 11 plan of reorganization in just 38 days, for which the team was recognized with the M&A Advisor’s 2019 “Restructuring Deal of the Year” award. George has represented other clients and constituencies in retail bankruptcies such as Fortunoff’s and Rock & Republic Enterprises Inc. He has represented retailers in out-of-court restructurings including, for example, a women’s luxury brand swimwear company and a cosmetics company. George is also the editor of the American Bankruptcy Institute’s textbook entitled Retail and Office Bankruptcy Landlord/Tenant Rights.
Justin A. Kesselman, Associate:
Justin A. Kesselman is an associate in the Bankruptcy & Financial Restructuring practice at Arent Fox LLP in New York, NY. He has extensive experience handling business bankruptcies, financial restructurings, out-of-court insolvency strategies, and commercial litigation. He has represented trustees, unsecured creditor committees, secured lenders, landlords, debtors, and assignees in a wide range of distressed situations, including complex reorganizations, liquidations of diverse asset portfolios, avoidance actions, and assignments for the benefit of creditors. His bankruptcy practice focuses primarily on the representation of creditors and fiduciaries.