Lowenstein Sandler has announced that Jeffrey Cohen, partner and Vice Chair of the firm’s Bankruptcy & Restructuring Department, assumed leadership of the practice as its new Chair, effective January 1, 2021.
Kenneth A. Rosen, who has chaired Lowenstein’s bankruptcy group for close to 22 years, will become Chair Emeritus of the department as he continues in active practice. With more than four decades of experience, Rosen continues to advise on the full spectrum of restructuring solutions, including Chapter 11 reorganizations, out-of-court workouts, financial restructurings, and litigation.
“It is an honor to follow in the footsteps of Ken Rosen,” says Cohen. “He is one of the true deans of the national bankruptcy bar, setting the highest possible standards of excellence not just here at the firm, but across the entire industry. Ken cares about his legacy, and so do I.”
Cohen continues: “I look forward to working with the world-class team that Ken built to expand our practice further in the years ahead.” Cohen envisions leading the department by expanding into more sectors, further growing the firm’s representation of debtors (as well as its bankruptcy litigation experience) and representing more acquirers of distressed assets and bondholders. “On the personnel front, we will prioritize our focus on diversity and inclusion as we look to expand our roster in meaningful ways.”
Jeff is most well-known for representing creditors’ committees in retail and distressed technology cases, but his practice also centers on working with private equity-sponsored and venture capital-backed distressed companies and on representing boards of directors and management in out-of-court wind-downs and distressed M&A processes.
Some of his current representations include the creditors’ committees in GNC, Century 21, Murray Metallurgical Coal, The Northwest Company, Sur La Table, Gander Mountain, and Modell’s Sporting Goods. Jeff also represents individual creditors, including, most notably, Under Armour, Precor Fitness, Estée Lauder, Fila, Columbia, and the National Football League.
“Jeff is the perfect person to lead Lowenstein’s bankruptcy department going forward. Under Jeff, I foresee us becoming the go-to shop for potential acquirers of distressed assets and middle market debtors,” says Ken Rosen. “Lowenstein’s collaborative culture ensures that clients have access to not just the leading minds in bankruptcy law, but to top-notch legal talent across a wide swath of related fields, including debt finance, insurance recovery, M&A, and litigation.”
In the past year, Lowenstein’s bankruptcy department welcomed partner Robert M. Hirsh and senior counsel Brent Weisenberg to the team. Called one of the nation’s power players in large corporate bankruptcies by the The Wall Street Journal, the department frequently collaborates with other Lowenstein practice groups on complex matters such as Aceto Corporation’s multifaceted plan of liquidation and successful sale of assets, which was named by the Turnaround Management Association as its 2020 Large Company Transaction of the Year.
About Lowenstein Sandler LLP
Lowenstein Sandler 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.