Sherry J. Millman

Sherry Millman has been practicing in the restructuring and bankruptcy field for over thirty years. She has extensive experience representing creditors and other major stakeholders in large complex bankruptcy proceedings and out-of-court restructurings.  Sherry’s practice is diverse and her clients include lenders, agent banks, indenture trustees, real property lessors, unions, and purchasers of assets in bankruptcy. She has also represented creditors’ committees and creditors’ committee members as well as corporate debtors in bankruptcy and in negotiations to restructure their debt obligations.  Sherry frequently advises on bankruptcy issues in real estate transactions.

Sherry also maintains a fulsome pro bono practice and has been the recipient of the firm’s Public Service Project Award.

• Bankruptcy Proceedings
• Commodities and Derivative Counterparties in Bankruptcy
• Creditors' Rights Litigation in Bankruptcy and State and Federal Courts
• Cross Border Insolvencies
• Out of Court Workouts
• Restructuring & Bankruptcy
• Trading of Claims
• Trustee, Examiner, and Other Special Representations

Current and recent examples of Sherry's representations include:

• Two public employee unions in Commonwealth of Puerto Rico restructuring
• Agent bank and member of PGE Creditors’ Committee
• Official Creditors’ Committee of Fieldwood Energy LLC
• Ad hoc group of bondholders of Carlson Wagonlit Travel
• Lender and restructuring support  party in the Linn Energy Chapter 11 bankruptcy proceedings;
• Lender in the Breitburn Energy Partners bankruptcy Chapter 11 bankruptcy proceedings
• Foreign bank that served as Co-Chair of the Lehman Brothers Holdings Inc. Creditors’ Committee
• Secured Creditor in the Chapter 11 proceedings of Horsehead Holdings Inc. and its affiliates
• Member of the Creditors’ Committee of Metro Fuel Oil Corp. and its affiliates
• Creditors in the Chapter 11 proceedings of Quiksilver, Inc. and its affiliates
• Partner in the purchase of the refinery assets out of the Hovensa LLC bankruptcy proceeding
• Landlords in the respective Chapter 11 proceedings of City Sports Inc., Peabody Energy Corporation and Sports Authority Holdings, Inc.

Other significant representations in which Sherry has been involved include:

• Foreign bank as agent for secured lenders in the Chapter 11 proceedings of CIT Group Inc. and its affiliate
• Creditors’ Committee of K-V Discovery, Inc. and its affiliates
• Co-chair of the Calpine Corporation Creditors’ Committee
• Loehmann’s Holdings and its affiliates in their Chapter 11 cases
• Pre-petition lender in the Chapter 11 proceedings of Semcrude, L.P. and its affiliates

• Member, Stroock’s Women Affinity Group

• Member of ARIA, Stroock’s Anti-Racist Actions and Ideas Initiative

Sherry is certified in Community Mediation Services in accordance with guidelines of the New York State Office of Court Administration. She is also a mentor in the Leadership Council on Legal Diversity (LCLD) Success in Law School Mentoring Program. 

• Panelist, “Basic Ethical Considerations in Corporate Bankruptcy,” PLI’s Nuts and Bolts of Corporate Bankruptcy 2022, December 13, 2022
• Speaker, “Reentry in the New Normal: Real Estate and Tax Considerations,” Stroock and KPMG Webinar, May 7, 2020

• Co-author, “Keeping Your Options Open-Can a Debtor in Bankruptcy Revive an Expired Option?,” New York Law Journal, March 10, 2023
• Co-author: “Cap on Lease Rejection Claims Under the Bankruptcy Code and Its Damaging Effect on Commercial Landlords,” New York Law Journal, September 19, 2022
• Contributor and Editor, “A Guide to the Bankruptcy Law of the United States,” Stroock & Stroock & Lavan LLP, updated annually
• Co-author: “Bankruptcy Code Impact on Civil Litigation in the Federal Courts,” Business and Commercial Litigation in Federal Courts, Fifth Edition – update, 2022

New York

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

J.D., New York University School of Law, 1984

B.A., Hofstra University, 1981