GOLENBOCK EISEMAN ASSOR BELL & PESKOE LLP
Douglas L. Furth, Partner
DOUGLAS L. FURTH, Partner

Direct Dial: 212.907.7340
Email:

Areas of Practice

  • Represent all types of constituencies in workouts and chapter 11 bankruptcy cases
  • Have represented institutional lenders, including indenture trustees, in the workout, bankruptcy or restructuring of billions of dollars of secured debt across a wide spectrum of industries including, real estate, hotels, health care, steel, publishing, textiles, paper, retail, automobiles, manufacturing, toys, distribution and fast food
  • Pioneered the negotiation and implementation of prepackaged chapter 11 cases

Represent

  • Institutional lenders, including indenture trustees
  • Chapter 11 debtors
  • Acquirers of assets from chapter 11 debtors
  • Landlords and tenants in bankruptcy cases

Representative Cases

  • Notable bankruptcies in which Doug has played an important role include Copperfield Investments, LLC (Chapter 11 Trustee), Refco, Inc. (stalking horse bidder), Dan River, Inc. (indenture trustee), Wilcox & Gibbs (indenture trust), General Media, Inc. (indenture trustee), Farmland Industries (financial advisor to debtor), Weirton Steel Corporation (large bondholder), LTV Network’s, Inc. (creditor’s committee), Marvel Entertainment (successful plan proponent), Olympia & York (bondholder’s committee), Alert Holdings (equity committee), Ames Department Stores (special litigation counsel to creditor’s committee), Coleco (senior secured creditor) and Texaco, Inc. (debtor)
  • Chapter 11 debtor representations include a prominent destination resort hotel, a 107-unit retail chain and the largest New York City cooperative corporations to successfully emerge from chapter 11
  • Represented acquirers of a variety of significant assets from chapter 11 debtors including the successful purchasers of a major New York City office tower, a well-known hotel franchise, airplane equipment and many retail locations

Bar Admissions

  • New York

Legal Career

  • Joined Golenbock Eiseman Assor Bell & Peskoe LLP in December 2004
  • 2001-2004: Managing Director, Trinity Capital, LLC with primary responsibility for the activities of Trinity Opportunity Fund, LP, a private equity fund that specialized in acquiring assets or debt of middle market businesses. While at Trinity Capital, assisted with the Firm’s financial advisory practice including its representation of the debtor in Farmland Industries and the creditor’s committee in the Future Beef chapter 11 case
  • Partner and associate, Battle Fowler LLP and Weil, Gotshal & Manges

Author/Speaker

  • Author, “Beyond the Economics of Distressed Investing,” Buyside Magazine (August 2004) (with Andrea Schwartz)
  • Speaker, “Looking to Buy Assets at a Bargain? Try Bankruptcy Court,” Association of Corporate Counsel, Seminar, January 27, 2004
  • Author, “What Institutional Lenders Can Expect From The Business Aspects of the Pending Bankruptcy Legislation,” 118 Banking Law Journal 520 (2001)
  • Author, “Secured Creditors Playing to Win in a Single Asset Chapter 11 Case,” 4 Journal of Bankruptcy Law and Practice 177 (1995)

Professional Activities & Associations

  • Member, American Bankruptcy Institute
  • Member, Turnaround Management Association
  • Member, Commercial Law League

Education

  • J. D., Georgetown University Law Center (1982)
  • A. B., Dartmouth College (1979)

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