Gary Lee is co-chair of the firm’s Bankruptcy & Restructuring Practice Group. He advises clients on domestic and international restructuring and insolvency matters in the U.S., UK, and continental Europe. He is currently involved as counsel to one of the three Icelandic banks that are in restructuring proceedings in Iceland. Mr. Lee currently is involved in representing several hedge funds in restructuring and liquidation proceedings, including several matters in the Madoff SIPA proceedings.
Mr. Lee has been heavily involved in the implementation of foreign liquidations and schemes of arrangement in the U.S. and has been closely involved with issues arising under Chapter 15 of the U.S. Bankruptcy Code. Mr. Lee also recently acted as debtor’s counsel to one of the largest mortgage banks in the United States, whose liquidating Chapter 11 plan was confirmed in Delaware. Mr. Lee has acted as counsel to the acquirer — in and out of Chapter 11 — in several major asset purchases of mining, smelting, and oil and gas operations. Mr. Lee has been involved in several European restructuring matters, including the operations of Global Crossing, Ish, Viatel, Star Telecom, and others.
Mr. Lee is a fellow of the American Bar Association, and previously served as the vice chairman of its Litigation Committee of the Young Lawyers Division. He is the co-chair of the Transnational Bankruptcy Committee of the International Insolvency Institute. Additionally, he is a member of the City Bar’s Insurance Law Committee, and is the former co-chair of its Insolvency Committee. He also served on the International Insolvency Committee of the American Bankruptcy Institute. Mr. Lee is a co-author of the “United States of America,” chapter of the book International Asset Tracing in Insolvency, Oxford University Press, 2010. He was honored as "Person of the Year" by the Association of Insurance and Reinsurance Run-Off Companies in 2011 for his work on the GTE RE liquidation. He was cited in Euromoney’s Guide to the World’s Leading Lawyers and is recommended by Legal 500 US 2011, where he is noted as "responsive, commercial and accessible."