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Eric 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.
Eric 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.
Eric is a frequent speaker on current bankruptcy and creditors’ rights topics, including previously serving as a guest lecturer at the Columbia University School of Professional Studies, where he has lectured on such subjects as the intersection of bankruptcy and construction law. He participated in the American Bankruptcy Institute (ABI) Commission's Avoidance Power Subcommittee's study of aspects of the Bankruptcy Code involving preferences, creditors' reclamation rights, and creditors' rights under Section 503(b)(9). Eric is also a prolific author, and has published numerous articles addressing various cutting-edge issues geared toward trade and other categories of creditors, including publications by the National Association of Credit Management and Credit Research Foundation, as well as the ABI, New York Law Journal, and Bloomberg Law.
Active in the firm's pro bono efforts, Eric has represented several individuals who filed for Chapter 7 bankruptcy protection and numerous non-profits seeking to dissolve.