Larren is the Chair of Morrison & Foerster. Since 2012, when he began serving as Chair, he has overseen a period of phenomenal success for the firm, driven by the strategic needs of our clients. Today, MoFo is a global powerhouse, translating our litigation, corporate, and finance experience and talent into client success.
During Larren’s leadership, the firm’s global footprint has expanded, with new offices opening in Berlin, Boston, and Singapore. Through it all, the firm has remained true to its unique culture values. Larren is dedicated to continuing and building on MoFo’s proud legacy of leadership in diversity and inclusion. Similarly, pro bono and community service are part of MoFo’s DNA.
Prior to serving as Chair of MoFo, Larren served as a firmwide Managing Partner and founded and led Morrison & Foerster’s Business Restructuring & Insolvency Group. He has over 25 years of experience in U.S. and international restructurings, including Chapter 11 reorganizations, workouts, and restructurings.
Larren has been consistently recognized for his exceptional legal work in Chambers USA, Legal 500 US, and Super Lawyers. Earlier in his career, he was also listed in The National Law Journal’s “40 Under 40” list. He is most proud of his family, which includes his wife and their four children. He is active in his community, having recently completed his term as a board member of the Lawyers Alliance of New York, where he previously served as Chair.
Residential Capital, LLC(Bankr. S.D.N.Y.) Acted as counsel to Residential Capital and its affiliates, comprising one of the largest residential real estate finance companies at the time of its chapter 11 filing, with assets and liabilities each in excess of $15 billion. The debtors’ business was comprised primarily of loan servicing and origination. Residential Capital was the largest bankruptcy filing of 2012 and the case represents the first time ever that a mortgage servicer was able to successfully continue servicing and originating mortgages in bankruptcy and be sold as a going concern.
Tricom, S.A(Bankr. S.D.N.Y) Represented Tricom, S.A. and its affiliates in their Chapter 11 cases, which involved the restructuring of more than $700 million in bond and other loan facility debt. Tricom and its affiliates are, collectively, one of the preeminent full service providers of telecommunications services in the Dominican Republic. The cases represent the first effort to reorganize a public Dominican Republican corporation under Chapter 11 of the Bankruptcy Code.
In re Caribbean Petroleum Corp., et al.(Bankr. D. Del.) Represented the official committee of unsecured creditors of Caribbean Petroleum Corp., one of the primary importers and distributors of petroleum products in Puerto Rico, in its chapter 11 case. We successfully negotiated a $24 million insurance buy back from Caribbean Petroleum's liability insurance carrier for the benefit of general unsecured creditors.
Paper International, Inc.(Bankr. S.D.N.Y.) Represented Paper International, Inc. (“PII”), and Fiber Management of Texas, Inc. (“FMT”), in their Chapter 11 cases. The New Mexico–based PII and the Texas–based FMT are U.S. subsidiaries of one of the largest integrated paper producers in North America and guarantors of the parent company's $520 million bond debt. After extensive negotiations among the stakeholders in the case, PII, FMT, and their ultimate Mexican parent Corporación Durango, proposed a joint reorganization plan that was overwhelmingly approved by creditors and approved by the Bankruptcy Court.
In re General Growth Properties, Inc., et al.(Bankr. S.D.N.Y.) Represents Eurohypo AG’s New York Branch and a group of lenders that has more than $2.6 billion of exposure to GGP. Soon after confirmation of GGP’s reorganization plan, we worked with the agent to defeat GGP’s objection to the agent’s claim for default interest on the loan, and obtained an order from the bankruptcy court awarding the agent, for the benefit of the lenders, over $89 million in contract–rate default interest.
Larren Nashelsky is recommended as a leading lawyer by Chambers USA 2012, Legal 500 US 2012, and Super Lawyers 2009. He was also listed in The National Law Journal’s ‘40 Under 40’ list, and listed among the top bankruptcy attorneys in TheDeal.com’s Bankruptcy Scoreboard including in the Top Bankruptcy Lawyers, by volume (U.S. only) (Second Quarter, 2012).
©1996-2019 Morrison & Foerster LLP. All rights reserved.