Stroock Expands Nationally Ranked Financial Restructuring Practice With Partner John Storz
New York, June 24, 2019 — John Storz, a lawyer with wide-ranging corporate and bankruptcy experience, has joined Stroock’s national Financial Restructuring Group as a partner in the New York office.
“John Storz makes our marquee Financial Restructuring Group even stronger,” said Jeff Keitelman, the firm’s co-managing partner. “He adds significant depth and private equity experience to our growing Distressed M&A practice, and he brings established client relationships and a recognized brand, enhancing our reputation for finding commercial solutions and acting as trusted legal advisors in every aspect of a transaction.”
A seasoned corporate attorney, John has advised clients on mergers and acquisitions, securities offerings and investment fund transactions among others. As an accomplished bankruptcy practitioner, John also guides creditor committees and distressed companies through a variety of restructuring scenarios. Additionally, he advises institutional investors and has worked across industries as varied as biotechnology and manufacturing.
“I’m thrilled to be joining Stroock’s team, which has a reputation as a destination practice for the most sophisticated matters in restructuring,” John said. “I believe it will provide an ideal platform to help my clients achieve their business goals.”
Stroock’s national Financial Restructuring Group has extensive experience representing sophisticated financial institutions in their role as creditors, equity holders and new money investors/lenders in high-profile and complex bankruptcy matters. The group routinely plays a part in the nation’s largest restructurings. In 2018, our lawyers were involved in many of the largest chapter 11 cases of the year, including Toys “R” Us, Sears, Avaya, Monitronics/Brinks Home Security, Puerto Rico, iHeartMedia, Inc., Seadrill and Cenveo, Inc. This year the group has been retained as counsel to the lead arranger of a $5.5 billion DIP loan — the largest in history — being given to PG&E in connection with its chapter 11 cases.
With a reputation as a strong practice that emphasizes getting deals done, the Financial Restructuring group and its lawyers are recognized among the nation’s leading financial restructuring teams. Most recently, Kristopher Hansen, the chair of Stroock’s national Financial Restructuring Group, was inducted as a Fellow in the American College of Bankruptcy, and partner Jonathan Canfield was selected for the third consecutive year as Turnarounds & Workouts “Outstanding Young Restructuring Lawyer.”
Stroock provides strategic transactional, regulatory and litigation advice to advance the business objectives of leading financial institutions, multinational corporations and entrepreneurial businesses in the U.S. and globally. With a rich history dating back 140 years, the firm has offices in New York, Los Angeles, Miami and Washington, D.C. For more, visit www.stroock.com.