Ira L. Herman
Partner,
New York
Practice Description
Ira L. Herman focuses his practice on the representation of corporate reorganization, restructuring, and bankruptcy matters. He has extensive experience with asset purchases and litigation involving DIP financing, the use of cash collateral, executory contracts and unexpired leases and voidable transfers, including claims relating to corporate governance matters. Additionally, he has regularly been called upon to address insolvency law issues relating to securitized transactions and prosecute commercial litigation regarding debtor and creditor relationships.
Representations
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Chapter 11 Debtor in In re Cross Canyon Energy Corp., Case No. 10-30747, in the United States Bankruptcy Court for the Southern District of Texas, Houston Division
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Indenture Trustee in In re Teton North America LLC, Case No. 09-13947, in the United States Bankruptcy Court for the District of Delaware
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Indenture Trustee in In re Erickson Retirement Communities LLC, Case No. 09-37010 , in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division
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Chapter 11 Debtor in In re Baseline Oil & Gas Corp., Case No. 09-36291, in the United States Bankruptcy Court for the Southern District of Texas, Houston Division
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Official Unsecured Creditors Committee in In re Monitor Oil PLC, Case No. 07-13708, in the United States Bankruptcy Court for the Southern District of New York
Distinctions/Honors
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New York Super Lawyers® by Thomson Reuters (Bankruptcy & Creditor/Debtor Rights); 2009
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Empire State Counsel, New York State Bar Association, 2008
Events
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ABI 2010 Complex Financial Restructuring Program
Sep 20, 2010 -
Distressed Investing in the Gulf Region
Sep 16, 2010
Press Releases/In the News
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"Junior Creditors Gain Clout: TOUSA Ruling Latest Boost to Unsecured Bondholder," The Distressed Debt Report; December 08, 2009
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T&K Attorney Writes Bankruptcy Law Chapter For Office Leasing Treatise; November 03, 2009
Presentations/Publications
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Client Alert: Federal Courts "Just Say No" to Setoff by Contract, June 28, 2010
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Client Alert: Major Concrete Supplier Announces Losses and Addresses Debt Restructuring Efforts, March 15, 2010
Activities
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Member, New York State Bar Association; Chairman, Committee on Bankruptcy Law; Business Law Section, 1996-2001; Chair, Bankruptcy and Debtor and Creditor Law CLE Programs, 1992-2006
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Member, The City Bar, Professional Responsibility Committee
