Erez E. Gilad

Erez Gilad has extensive experience advising hedge funds, private equity firms, bondholders, lenders and other investors in connection with corporate restructurings, distressed investments and asset acquisitions, special lending situations, creditor-rights litigation, and in-court and bankruptcy proceedings. He focuses on representing ad hoc and official creditors’ committees, and is known for his commercial and effective litigation strategies.

Erez has guided his clients to successful outcomes in groundbreaking areas of the law that have resulted in a number of published decisions of first impression within the bankruptcy context.

The Legal 500 has named Erez among its nationally recommended lawyers in the area of bankruptcy and restructuring. Best Lawyers in America named Erez to its 2020 and 2021 editions as a nationally recommended lawyer in Bankruptcy and Creditor Debtor Rights and Insolvency and Reorganization Law.

• Corporate
• Financial Restructuring
• Litigation

Some of Erez’s recent notable representations include the following:

• Aceto Corporation (official creditors’ committee)
• Brookstone II (second lien notes indenture trustee)
• Caesars Entertainment Operating Corporation (ad hoc committee of first lien lenders)
• Cenveo, Inc. (DIP lenders, ad hoc committee of first lien noteholders and exit lenders)
• Chaparral Energy (ad hoc noteholder committee)
• Deluxe Entertainment (DIP lenders, ad hoc committee of first lien lenders and exit lenders)
• EP Energy Corporation (official creditors’ committee)
• Great Atlantic & Pacific Tea Company II (majority PIK noteholder)
• Lonestar Resources US Inc. (ad hoc noteholder committee)
• LSC Communications (official creditors' committee)
• The McClatchy Company (official creditors’ committee)
• Murray Metallurgical Coal Holdings (DIP lenders, takeback lenders)
• PG&E Corporation and Pacific Gas and Electric Company (DIP lender and exit lender)
• Seadrill Limited (ad hoc noteholder committee and commitment parties)

Other notable representations include the following:

• Adelphia Communications Corporation (ad hoc committee of subordinated noteholders)
• Advanced Glassfiber Yarns I (official creditors’ committee)
• AES Eastern Energy, L.P. (ad hoc committee of holders of secured pass-through certificates)
• American Gilsonite Company (DIP lenders and ad hoc committee of second lien noteholders)
• AMF Bowling Worldwide, Inc. (ad hoc committee of first lien lenders)
• Aquilex Holdings (ad hoc noteholder committee)
• Brookstone I (DIP lenders and ad hoc noteholder committee)
• Calpine Corporation (ad hoc subordinated noteholder committee)
• Caraustar Industries, Inc. (ad hoc noteholder committee)
• Dayton Superior (official creditors’ committee)
• DynCorp International Inc. (ad hoc noteholder committee and new term loan lenders)
• Eastman Kodak Company (FUJIFILM Corporation)
• Enron (member of official creditors’ committee)
• Fairpoint Communications (ad hoc noteholder committee)
• FLYi (significant noteholder)
• Formica Corporation (official creditors’ committee)
• Harry & David (DIP lenders, ad hoc noteholder committee and backstop parties)
• IAC/InterActiveCorp (ad hoc noteholder committee)
• Industrias Unidas, S.A. de C.V. (significant trade creditor)
• Interep (significant noteholder)
• Interstate Bakeries I (substantial equity holder)
• iPayment Holdings, Inc. (special committee of Board of Directors)
• Keys Fitness (secured lender)
• K-V Pharmaceutical Company (official creditors’ committee)
• Loral Space & Communications (largest noteholder)
• Magnolia Energy (100% equity holder)
• Memorial Production Partners LP (indenture trustee)
• Mobile Energy (substantial noteholder)
• Neenah Foundry (DIP lenders and ad hoc noteholder committee)
• New Gulf Resources, LLC (DIP lenders and ad hoc noteholder committee)
• NextWave Personal Communications, Inc. (substantial equity holder)
• Pliant I (ad hoc committee of first lien noteholders)
• Savient Pharmaceuticals, Inc. (official creditors’ committee)
• SFX Entertainment, Inc. (DIP lenders, foreign loan lenders and ad hoc noteholder committee)
• Sonic Blue, Inc. (ad hoc noteholder committee)
• Tropicana Entertainment Inc. (official creditors’ committee)
• Trump Entertainment Resorts (ad hoc committee of second lien noteholders and backstop parties)
• Trump Entertainment Resorts (debtor)
• Warren Resources, Inc. (ad hoc noteholder committee)

• IFLR1000, 2020 “Deal of the Year: Banking and Finance” for Pacific Gas and Electric Company
• Turnaround Management Association, 2020 Transaction of the Year: Large Company
• The Legal 500 United States
• Best Lawyers in America

• Speaker, “Attempted Hostile Takeovers in Bankruptcy: DBSD, Philadelphia Newspapers, MGM, Tribune,” 13th Annual New York City Bankruptcy Conference, American Bankruptcy Institute, May 6, 2011

• Co-author, “District Court Affirms Momentive Ruling on Intercreditor Dispute,” Stroock Special Bulletin, December 17, 2018
• Co-author, “Stroock Prevails in Subordination Dispute Over Post-Petition Interest,” Stroock Special Bulletin, September 9, 2013
• Co-author, “Amended Bankruptcy Rule 2019 Goes into Effect,” Stroock Special Bulletin, December 7, 2011

New York

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

J.D., Benjamin N. Cardozo School of Law, Yeshiva University, 2000; Member, Cardozo Law Review

B.A., Yeshiva University, 1995