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.
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.
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