Lowenstein Sandler is pleased to announce David M. Posner and Gianfranco Finizio have joined the firm as partners in its Bankruptcy & Restructuring Department. They will both be based in the firm’s New York office. Posner will serve as a Department Vice Chair.
Previously the co-team leader of Kilpatrick Townsend's Bankruptcy & Financial Restructuring team, Posner focuses his practice on bankruptcy and insolvency matters, representing companies, official committees of unsecured creditors, acquirers, financial institutions, and other significant parties-in-interest in complex reorganizations and financially distressed situations, as well as debtor/creditor rights issues and commercial litigation. He has substantial litigation experience representing both plaintiffs and defendants in commercial litigation inside the context of complex reorganization cases.
Finizio, who also joins Lowenstein from Kilpatrick, represents official committees of unsecured creditors, indenture trustees, bank agents, and other major secured and unsecured creditors in all facets of insolvency proceedings; he also has extensive experience with representing parties in Chapter 11 cases in the pharmaceutical, healthcare, and retail industries, to name a few.
Jeffrey Cohen, partner and Chair of Lowenstein’s Bankruptcy & Restructuring Department, says, “We are thrilled that the reputation of our firm’s bankruptcy team is attracting lawyers of the caliber of David and Franco. Their previous work on behalf of unsecured creditors’ committees in highly complex Chapter 11 matters—often with hundreds of millions of dollars at stake— as well as their experience representing indenture trustees, demonstrates their excellence in the sophisticated transactional work and high stakes negotiations that our clients expect.”
“On a personal level,” Cohen adds, “I have known David for more than 20 years and have enormous respect for his character, grit, determination, dedication, and dogged commitment to delivering results for his clients. Adding David and Franco is the perfect marriage for our group.”
“Lowenstein has a market-leading bankruptcy practice, with a deep bench of talented attorneys and an impressive breadth of experience” says Posner. “I’m excited to leverage the firm’s multidisciplinary counsel on the full spectrum of challenges facing my clients in distressed situations and bankruptcy.” He adds: “I’ve known Department Chair Jeff Cohen for many years, and I personally have a lot of respect for him as both a lawyer and a friend. I’m also looking forward to collaborating with Daniel B. Besikof to expand the services we offer to indenture trustees.”
Partner Besikof joined Lowenstein in April, 2024, from Loeb & Loeb.
Finizio adds: “Lowenstein’s strong reputation in the marketplace, particularly in the creditor committee space, as well as its entrepreneurial culture and integrated approach across practice groups, create an ideal platform for both serving clients and growing our practice. We look forward to leveraging Lowenstein’s relationships throughout the trade creditor space, as well as in the finance markets.”
Lowenstein’s Bankruptcy & Restructuring Department ranked first for the most engagements by Unsecured Creditors’ Committees in 2023 by Debtwire’s Restructuring Advisory Mandates Report. The Department also ranked second for lead counsel for all retail mandates, as well as in the top ten for lead counsel across all mandates.
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.
