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Scott Cargill has a wealth of experience navigating complex insolvency issues and has been involved in some of the largest corporate restructuring cases in the country. He has represented the interests of creditors' committees, investor groups, financial institutions, and debtors in numerous restructuring and insolvency proceedings in bankruptcy courts. Scott has advised clients on complex issues, including the auction and sale of debtor assets, setoff rights, preference and fraudulent transfer liability issues, substantive consolidation, and employee retention programs. He has also represented parties in connection with negotiations over the purchase and sale of claims in insolvency proceedings.
Most recently, Scott represented customers and creditors in the multibillion-dollar liquidations of Lehman Brothers and MF Global, which involved novel and complex issues concerning the intersection between bankruptcy law applicable in Chapter 11 cases and the law governing the liquidation of business entities under the Securities Investor Protection Act of 1970 (SIPA).
Scott has lectured on numerous bankruptcy- and insolvency-related issues for industry credit groups and professional organizations across the country, discussing topics including trends in Chapter 11 cases, preference liability issues, litigation tactics in insolvency proceedings, the intersection between the Bankruptcy Code and the Uniform Commercial Code, and obligations relating to service on creditors' committees. He is a frequent contributor to periodicals published by the National Association of Credit Management and the American Bankruptcy Institute on topics ranging from the "safe harbor" provisions of the Bankruptcy Code to emerging issues concerning the purchase and sale of bankruptcy claims.