Michael Kessler is a Partner in the Business Solutions, Governance, Restructuring & Bankruptcy Group in the firm's New York office. Michael's practice focuses on the out-of-court restructuring and bankruptcy representation of large public company chapter 11 debtors, including, most recently Capmark Financial Group, Inc., LNR Corporation, Lehman Brothers and SemGroup. He also represents large creditors, creditors' committees and equity interests in bankruptcy cases, including in the chapter 11 cases of MF Global, Inc., Delphi Corporation, Pacific Gas and Electric Company, Avianca Airlines, Federal Mogul Corporation, Metromedia Fiber Network, Inc., and others.
Key recent representations include:
The unsecured creditors committee of MF Global, Inc.
Capmark Financial Group, Inc., as debtor's counsel to the large commercial mortgage servicing company and its many affiliates with aggregate debt in excess of $20 billion
SemGroup as chapter 11 debtor's counsel to the midstream oil and gas company and a large group of affiliates with debt obligations in excess of $3 billion
Lehman Brothers, as debtors' counsel with primary responsibility for the real estate portfolio
General Motors Corporation as the largest customer and creditor in excess of $9 billion in the Delphi Corp. chapter 11 case
In addition, Michael has extensive experience in complex bankruptcy litigation, including matters involving fraudulent conveyance, substantive consolidation, debt subordination and recharacterization, and lender liability, among other issues.