Insolvency 2025

USA – NEW JERSEY Trends and Developments Contributed by: Brett S. Theisen, John S. Mairo, Robert K. Malone and David N. Crapo Gibbons P.C.

Connecticut New York

Pennsylvania

New York

Trenton

New Jersey

Delaware

Gibbons P.C. is a full-service law firm based in New - ark, New Jersey, since 1926. The firm has more than 160 attorneys across 11 practice groups and 10 at - torneys on its bankruptcy team. Besides its Newark headquarters, Gibbons has offices in Manhattan; Trenton and Red Bank, New Jersey; Philadelphia; Wilmington, Delaware; Washington, DC; and West Palm Beach. The firm has long maintained an insol - vency practice from its headquarters in the District of New Jersey and is well regarded by both the bench and the bar in this practice area. Gibbons’ Finan -

cial Restructuring & Creditors’ Rights Group’s core team of attorneys has broad experience in this com - plex and sophisticated practice area, which includes debtor, creditor and fiduciary representations in fed - eral bankruptcy cases; pre-bankruptcy “workout”/ insolvency counselling; and related state court litiga - tion involving receiverships, attachments, replevins, and commercial foreclosure actions. Additionally, the team has the versatility of having represented all ma - jor constituencies in Chapter 11 cases.

Authors

Brett S. Theisen serves as Vice Chair of the Gibbons P.C. Financial Restructuring & Creditors’ Rights Group. He has extensive experience in all aspects of debtor/creditor relations, with a particular focus on

John S. Mairo is Chair of the Gibbons P.C. Financial Restructuring & Creditors’ Rights Group. He focuses his practice on commercial litigation, workouts, financial reorganisations and creditors’ rights, and has

complex corporate reorganisations and liquidations, and bankruptcy and insolvency-related litigation and appeals. He brings a pragmatic, business-oriented and results-driven approach to his clients, which include debtors-in-possession, trustees and other fiduciaries, official committees of unsecured creditors, secured creditors and lenders, indenture trustees, insurers, asset purchasers, landlords and trade creditors. Brett is a member of the American Bankruptcy Institute and the Turnaround Management Association.

represented debtors, secured lenders, creditors’ committees, landlords, administrative agents for syndicates of lenders, foreign representatives, and more. John has handled mid-size to multibillion- dollar bankruptcy matters on both national and international scales, securing favourable settlements, proposing beneficial recovery plans and successfully litigating cases. His significant experience has included complex restructuring and antitrust multi-district litigation. He is an INSOL International Fellow and a Fellow of the American College of Bankruptcy.

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