Eric Chafetz, partner in Lowenstein’s Bankruptcy & Restructuring Department, has been appointed Co-chair of the American Bankruptcy Institute’s (ABI) Unsecured Creditors Committee.
ABI is a non-partisan organization that conducts research and education on insolvency issues. It was founded in 1982 to provide unbiased analysis of bankruptcy issues to the public and Congress. ABI's membership includes over 13,000 bankruptcy professionals from a variety of backgrounds, including attorneys, accountants, judges, lenders, and professors.
ABI’s Unsecured Trade Creditors Committee focuses on all issues relevant to unsecured trade creditors in bankruptcy and related non-bankruptcy proceedings, and provides information and education to assist trade creditors and their advisors in maximizing the value of their unsecured claims.
Chafetz is a trusted advisor to creditors' committees and individual trade creditors, debtors, and plan/liquidating trustees involved in complex Chapter 11 bankruptcies throughout the United States. He advises clients across a wide range of industries on all aspects of the Chapter 11 process, from pre-filing negotiation and preparation of first day pleadings, including financing and sale documents: through the drafting and negotiation of plans of reorganization and all related ancillary documentation. Chafetz also has a strong track record in bankruptcy-related litigation, including investigating and prosecuting actions against officers, directors, and lenders, as well as in prosecuting and defending preference/fraudulent transfer actions.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
