Overview
Michael Torkin is a partner and Head of U.S. Restructuring & Capital Solutions based in our New York office.
Michael’s multidisciplinary practice includes representing companies on corporate modernization, liability management, and recapitalization and restructuring transactions, in and out of court, domestically and internationally.
Michael also routinely represents sponsors, acquirers of distressed businesses, and hedge fund and private equity fund clients in connection with a broad array of special situation investments and recapitalization transactions.
During his career, Michael has been involved in numerous cross-border restructurings involving Canada, Chile, Argentina, Brazil, Mexico, the United Kingdom, Israel, Africa, The Netherlands and Australia.
Michael is ranked as a leading lawyer by Chambers USA, which describes him as “a very strong lawyer with a lot of credibility” and having “very good commercial instincts.”
He has also been ranked by Chambers Global and The Legal 500 United States and was recognized by The M&A Advisor as one of the top “40 under 40” M&A, financing and turnaround professionals in 2010, and by Turnarounds & Workouts as one of 12 “Outstanding Young Restructuring Lawyers” in 2009 and 2010.
Michael is a member of INSOL, the American Bankruptcy Institute and the Turnaround Management Association.
Work Highlights
Michael’s practice spans the representation of multinational corporations, family offices, and private equity and hedge funds on special situations and capital solution transactions.
Selected experience includes advising:
Corporate Modernization Representations: Michael has been instrumental in developing the burgeoning market for corporates defeasance of legacy liabilities and has represented investors and numerous public companies on corporate modernization matters, including BorgWarner, ITT Corporation, Crane Corporation, Ingersoll Rand, Electrolux and Honeywell International.
Issuer/Debtor Representations:
- APG: representing Ripple Industries in connection with the recapitalization and sale of APG.
- Unigel: advising on its Brazilian EJ proceeding.
- Corp Group Banking: advising in its chapter 11 proceeding.
- Pyxus International: advising in its prepackaged chapter 11.
- Arsenal Resources: advising in its 2020 prepackaged chapter 11 restructuring and its 2019 comprehensive financial restructuring through an out-of-court transaction and pre-packaged Holdco chapter 11 proceeding.
- Ascent Resources Marcellus: advising in the structuring of its prepackaged chapter 11 and restructuring support agreement.
- Eastman Kodak Company: advising in its chapter 11 reorganization, including the disposition of its intellectual property portfolio and the resolution of its legacy retiree obligations.
- Remy International: advising in its prepackaged chapter 11 reorganization.
- Smarte Carte: advising in its prepackaged chapter 11 reorganization.
- America Online Latin America: advising in its chapter 11 reorganization.
- Oneida Ltd: advising in its prenegotiated chapter 11 reorganization.
Country Of Admission