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Isaac Sasson is an associate in Stroock’s Financial Restructuring Practice Group, where he represents creditors, ad hoc committees, private equity funds, and private companies in distressed situations. Isaac’s practice focuses on restructuring and creditor’s rights across an array of industries, including entertainment, retail and energy.

He also has significant experience in bankruptcy and complex litigation.

Representative Matters

  • Boardriders (ad hoc group of priming Term Lenders)
  • Brookstone (indenture trustee)
  • Burkhalter Rigging Inc. (first lien lender)
  • Caesars Entertainment Operating Company et al. (certain stakeholders)
  • Chaparral Energy (ad hoc noteholder committee)
  • Commonwealth of Puerto Rico (bondholders)
  • Deluxe Entertainment Services Group, Inc. (ad hoc group of secured lenders, DIP lenders)
  • GM Avoidance Action Adversary (bondholders)
  • iHeart (indenture trustee)
  • Intelsat (convertible noteholder ad hoc group)
  • J.Crew Group Inc. (company)
  • The McClatchy Company (official committee of unsecured creditors) 
  • Murray Metallurgical (ad hoc group of term lenders, DIP lenders)
  • Sears Holdings Corp. (second lien lender)
  • Westinghouse (creditor)

Publications

  • Co-author, "Treatment of Letters of Credit in Bankruptcy: A Primer," Annual Survey of Bankruptcy Law 4, 2019
  • Co-author, “What Constitutes a Transfer of “All or Substantially All” of a Borrower’s Assets for Purposes of Indentures and Credit Agreements?” New York Law Journal, June 8, 2018
  • Co-author, “Introduction to Ad Hoc Committees In Distressed Situations,” New York Law Journal, September 29, 2016
  • Author, Judicial Review of Plan Support Agreements: A Review and Analysis, 9 NYU J.L. & Liberty 850 (2015)

Admitted To Practice

New York

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

Education

J.D., New York University School of Law, 2015; Symposium Editor, Journal of Law and Liberty

B.A., magna cum laude, Brooklyn College of the City University of New York, 2012

Memberships

  • Class of 2015 Representative, Stroock & Stroock & Lavan Associates' Committee