Jonathan D. CanfieldPartner

Headshot image for Jonathan D. Canfield

Offices


Services

Jonathan Canfield represents creditors and investors in restructuring financially distressed companies in chapter 11 and out-of-court restructurings, and in developing and executing distressed investment strategies.

Jonathan’s clients include bondholders, lenders and other creditors, acquirers, investors, DIP lenders, official creditors’ committees, equity holders and debtors. He frequently represents hedge funds, private equity funds, banks and large institutional investors.

In addition, he has experience representing major financial institutions and borrowers in a broad range of high value cross-border and domestic asset finance transactions, including syndicated secured loans, acquisition finance, private placements of debt and equity, public offerings and mergers and acquisitions.

Jonathan has been recognized by Best Lawyers in America, and was tapped as a Rising Star by IFLR 1000 and Super Lawyers. The Legal 500 named Jonathan one of its Next Generation Lawyers, and Turnaround & Workouts named him one of 2017’s “Outstanding Young Restructuring Lawyers,” an honor given to only a dozen attorneys in the country.


Representative Matters

  • ATI Education, Inc. (secured lenders)
  • Brookstone, Inc. (DIP lenders/ad hoc bondholder committee)
  • Caesars Entertainment Operating Co. (ad hoc bank lender committee)
  • China Medical Technologies, Inc. (ad hoc bondholder committee)
  • DynCorp International Inc. (ad hoc noteholder committee/new term loan lenders)
  • Fred Leighton Holdings, Inc. (senior secured lender)
  • Hovnanian Enterprises, Inc. (debt finance provider)
  • Indiana Downs / Indiana Live! (ad hoc noteholder committee)
  • Loehmann’s (debtor)
  • Momentive Performance Materials Inc. (ad hoc bondholder committee/certain backstop parties)
  • Panda Temple Power (DIP lenders/ad hoc bank lender committee)
  • Patriot Coal Corp. (ad hoc bondholder committee)
  • School Specialty, Inc. (DIP lenders/ad hoc bondholder committee)
  • Seadrill Ltd. (ad hoc bondholder committee)
  • SFX Entertainment, Inc. (DIP lenders, foreign loan lenders and ad hoc bondholder committee)
  • Toys “R” Us, Inc. (FILO DIP lenders)
  • Xerium Technologies, Inc. (debtor)

Honors & Awards

  • Chambers USA (Recognized Practitioner)
  • IFLR1000, Rising Star
  • Super Lawyers, Rising Star
  • The Legal 500, Next Generation Lawyer
  • Turnarounds & Workouts, Outstanding Young Restructuring Lawyers

Publications

  • Co-author, “The Preemption of Contractual Anti-Assignment Provisions in Bankruptcy: A Survey of Cases from FCX to Federal-Mogul,” Norton Annual Survey, 2013
  • “Minimum Jurisdictional Threshold for U.S. Bankruptcy Courts in Cross-border Insolvency Cases,” INSOL World, Second Quarter 2013
  • “Clearing the Track: Delaware Bankruptcy Court Clarifies Post-Petition Lock-up Designation Standards in In re Indianapolis Downs, LLC,” ABI Journal, April 2013
  • “Circus & Eldorado Joint Venture: Court Rules on ‘Bad Faith’ for Vote Designation,” New York Law Journal, 2012
  • “How Low Can You Go? Minimum Jurisdictional Threshold for U.S. Bankruptcy Courts in Cross-Border Insolvency Cases,” ABI International Committee News, March 2012

Admitted To Practice

New York

U.S. District Court, Southern District of New York


Education

J.D., magna cum laude, Hofstra University School of Law, 2006; Articles Editor, Hofstra Law Review

B.S., cum laude, Clarkson University, 2002