Mark D. Silverschotz, co-chair of Anderson Kill's Bankruptcy & Restructuring Practice Group, has worked in the bankruptcy and reorganization field since 1981, representing secured, unsecured, and subordinated creditors. In addition, Mr. Silverschotz has represented trustees, debtors-in-possession, and official committees of creditors and equity holders. These clients included multiple tax and regulatory authorities, including agencies of the states of Washington, Missouri, Kansas, Hawaii, California and Illinois. He represented the State of California, including its regulatory and taxing subdivisions, in more than 100 different matters, including Prudential Securities, GST Communications, KMart, Armstrong, and numerous other cases.
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Mr. Silverschotz has represented banks, Fortune 100 corporations, and private individuals in connection with the enforcement of creditors’ rights in Chapter 11 cases and informal work-outs. He represents clients in complex bankruptcy matters including those concerning issues of jurisdiction and due process. He has been involved in the restructuring of scores of companies including those engaged in the real estate, retail, oil and gas, manufacturing, financial services, apparel, and entertainment industries. He also has served as special insurance counsel in multiple bankruptcies stemming from asbestos and other toxic tort liabilities, including the Celotex and Dow Corning cases, among numerous others. He has represented partners in the reorganization and dissolution of professional partnerships, including former New York Governor Hugh Carey in the dissolution of the law firm Finley Kumble.
In addition, Mr. Silverschotz has an active mediation practice and serves on mediation panels in the United States Bankruptcy Courts for the Southern and Eastern Districts of New York and in the United States Bankruptcy Court for the District of Delaware. He holds a mediation training certificate from the Hugh L. Carey Center for Dispute Resolution at St. John's University.
Since 2002, Mr. Silverschotz has lectured annually at the bankruptcy conference of the National Association of Attorneys General and States Association of Bankruptcy Attorneys on issues germane to government attorneys charged with responsibilities in bankruptcy and restructuring matters.
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Professional Memberships
The American Bankruptcy Institute
Finova — Counsel to Equity Committee.
Dow Corning — Special Insurance Counsel to the Debtor and Officers.
Celotex — Special Insurance Counsel to the Debtor.
Drexel Burnham — Counsel to Equitable Life.
PSINet — Bankruptcy Counsel to Securities Plaintiffs.
Southmark — Counsel to Equity Committee.
Sleepmaster — Counsel to Creditors Committee.
Kasper ASL — Counsel to Creditors Committee.
LBS Communications — Counsel to Creditors Committee.
Natures’ Elements — Counsel to Creditors Committee.
Metaldyne - Counsel to the Creditors Committee and Reorganization Trust.
Delphi - Counsel to Wells Fargo.
Lead defense team in a $25 million preference lawsuit under Chapter 5 of Title 11 (United States Bankruptcy Code) brought by estate of Circuit City Stores, Inc.