Doug Mannal

Doug Mannal
Partner

250 West 55th Street

New York, NY 10019-9601

dmannal@mofo.com

(212) 336-4215

BAR ADMISSIONS

New York

EDUCATION

Lafayette College, B.A.

Brooklyn Law School, J.D.

Doug is a partner in the Business Restructuring + Insolvency Group, based in the New York office.

Doug’s practice focuses on representing clients in chapter 11 bankruptcy cases, out-of-court restructurings, and other distressed situations. His clients include official creditors’ committees, ad hoc creditor groups, and individual asset managers, as well as corporate borrowers.

On behalf of creditors, Doug implements strategies focused on maximizing creditor recoveries and he has significant experience proposing and confirming plans of reorganization; investigating and prosecuting various estate causes of action; negotiating intercreditor disputes; crafting cash collateral orders, debtor-in-possession/exit financing packages, and creditor-sponsored equity rights offerings; challenging confirmation of nonconsensual chapter 11 plans; terminating exclusivity; participating in 363 sales; and implementing and defending against coercive liability management transactions. On the company side, Doug counsels borrowers navigating the complex legal, financial, and operational issues that arise in distressed situations, implementing both in- and out-of-court restructurings aimed at preserving value.

Doug has been recognized for over a decade in Chambers USA, where he is acclaimed as a “force of nature” and an “adept architect of the restructuring process.”  Turnarounds & Workouts recognized him as an Outstanding Restructuring Lawyer in 2020 and 2017 and he is recognized as a Leading Global Restructuring Lawyer by Lawdragon 500.

Doug has a J.D. from Brooklyn Law School and a B.A. in government and law from Lafayette College.

Experience

In re Thrasio Holdings, Inc., et al.

(Bankr. D.N.J.) Counsel to the official committee of unsecured creditors of Thrasio Holdings, Inc. and its affiliated debtors in their chapter 11 cases. Thrasio is an acquisition entrepreneurship company that focuses on acquiring and scaling businesses within the Amazon third-party seller ecosystem.

Rankings

Recommended in the area of Corporate Restructuring

Legal 500 2024

Ranked for Bankruptcy/ Restructuring in New York

Chambers USA, 2013–2024

Recognized as an Outstanding Restructuring Lawyer

Turnarounds & Workouts, 2020, 2017

Recognized as a Leading U.S. Bankruptcy and Restructuring Lawyer

Lawdragon USA 500, 2021–2022

Recognized as a Leading Global Bankruptcy and Restructuring Lawyer

Lawdragon Global 500, 2020