New York
(212) 415-9243 P
(212) 953-7201 F

PDFPrintEmail

Michael Foreman

Partner

Michael Foreman is a partner in the Financial Restructuring and Bankruptcy practice. He represents secured and unsecured lenders and creditors, acquirers of and investors in distressed assets, and reorganizing and financially distressed companies, in many of the nation's largest and most complex restructurings under Chapter 11 of the federal bankruptcy code.

Michael also represents lenders, other creditors, investors and companies in out-of-court and cross-border restructurings, and regularly advises clients in mergers and acquisitions, corporate finance transactions, and internal investigations on corporate governance, accounting and insolvency-related matters. In addition, he provides bankruptcy counseling in the areas of structured financing and securitization.

Representative Transactions

Significant Creditor Representations
  • U.S. Bank, National Association: indenture trustee of securitization trusts organized by American Home Mortgage, having an aggregate principal balance in excess of $500 million.
  • U.S. Bank, National Association: collateral agent and trustee for Second Secured Lien Notes having an aggregate principal amount at maturity in excess of $145 million.
Significant Distressed M&A Transactions
  • Metalforming Technologies, Inc.: automotive parts supplier; $150 million debt
  • Gray Television Inc.: $250 million Chapter 11 pre-packaged plan acquisition of Benedek Communications  
Other Significant Chapter 11 and Out of Court Representations
  • Monitor Oil Plc: developer of oil and gas production support service projects; $275 million debt
  • Perry Mandarino, Examiner of Polaroid Corp.: examination into allegations of accounting improprieties in $500 million restructuring

Admissions

  • New York
  • U.S. District Court for the Southern and Eastern Districts of New York

Education

  • Hofstra University Law School
    J.D., 1985
  • Cornell University New York State School of Industrial and Labor Relations
    B.S., 1982

Read More