NEW YORK, April 25, 2022 – Proskauer, a leading international law firm, is pleased to announce that partner Michael Firestein has been named Bankruptcy Litigator of the Year for the West Coast for the third consecutive time by Benchmark Litigation.
As vice-chair of the Litigation Department, Michael handles a wide range of industry-defining matters as part of the Firm’s trial practice and works on behalf of clients across many sectors, including asset management, real estate, entertainment and fiduciary related matters.
Recently, Michael was one of the lead trial lawyers as part of the Firm’s bankruptcy and litigation team representing the Financial Oversight and Management Board for Puerto Rico that successfully procured confirmation of an historic Plan of Adjustment for the Commonwealth of Puerto Rico, the Employee Retirement System of the Government of the Commonwealth of Puerto Rico, and the Puerto Rico Buildings Authority. That Plan of Adjustment resolved tens of billions of dollars of debt and unfunded pension obligations owed by the Commonwealth and two of its significant instrumentalities, and followed the successful confirmation of the Plan of Adjustment for COFINA in 2019, in which Michael also played a lead trial role.
The Firm was also named as Bankruptcy Firm of the Year for the West Coast and Labor and Employment Management Firm of the Year for the East Coast in Benchmark Litigation’s annual guide.
Proskauer has a full-service litigation practice with extensive trial experience in virtually every major forum across the globe. The Firm’s litigation team wins make-or-break cases, changes laws and establishes precedents. Recent victories for the multi-disciplinary team include procuring a historic debt restructuring on behalf of the Financial Oversight and Management Board for Puerto Rico, and securing a landmark victory for Monsanto in a case brought by a woman claiming that the use of the herbicide Roundup caused her non-Hodgkin’s lymphoma.
Read the complete list of Benchmark Litigation U.S. Awards 2022 West Coast Winners here: https://benchmarklitigation.com/NewsAndAnalysis/Benchmark-Litigation-West-Coast-Award-Winners-Announced/Index/8209
We are 800+ lawyers serving clients from 12 offices located in the leading financial and business centers in the Americas, Europe and Asia. The world’s leading organizations, companies and corporations choose us to be their representatives in their most critical situations. But more, they consider Proskauer a strategic partner to drive their business forward. We work with asset managers, major sports leagues, Fortune 500 companies, entertainment industry legends and other industry-redefining companies.
Proskauer has had major roles in some of the highest-profile chapter 11 and sovereign restructuring cases throughout the U.S. Our Business Solutions, Governance, Restructuring & Bankruptcy team specializes in trial and appellate litigation, having won numerous landmark victories for clients, and adversaries and judges know our reputation for scholarship that works in the real world. Our relationships and broad-based experience enable us to work collaboratively in highly charged situations to develop value-added resolutions for our clients.