Jeffrey Sabin represents public company debtors, lenders, creditor committees and other stakeholders in complex bankruptcy and restructuring matters
NEW YORK (December 1, 2014) – In a noteworthy expansion of its national bankruptcy practice, Venable LLP welcomes Jeffrey Sabin as partner in the firm’s New York office. Mr. Sabin was previously co-head of the global Financial Restructuring Group at Bingham McCutchen.
Mr. Sabin has substantial experience across the entire spectrum of global and domestic insolvency work. He has represented debtors, lenders, secured and unsecured creditor committees, boards of directors, investors, acquirers and other stakeholders in Chapter 11 and Chapter 15 cases and out-of-court restructurings. He has advised clients involved in numerous sectors including energy and power, real estate, financial services, entertainment and manufacturing, among others.
Mr. Sabin is a Fellow of the American College of Bankruptcy and a former chair of the New York City Bar Association's Subcommittee on Fraudulent Conveyance Law. He is consistently recognized by peers and clients as a leader in his field.
At Venable, Mr. Sabin joins one of the country's premier bankruptcy and creditor rights' practices. Venable has played a lead part in several high-profile Chapter 11 cases of the past decade, including the recovery of approximately $1 billion in assets for creditors in the Enron bankruptcy. The firm was also lead counsel to the secured lender group in the $16 billion restructuring of debt in the General Growth Properties' restructuring and lead lenders' counsel in the $7 billion Extended Stay bankruptcy.
Venable's Bankruptcy Chair, and 2014 Law360 MVP Gregory Cross says, "Jeff Sabin's accomplished track record in handling all areas of bankruptcy and restructuring work – across a wide span of industries – will be a significant asset to clients both in the U.S. and globally."
Mr. Cross noted that many commentators are expecting an uptick in defaults and insolvencies in the year ahead, as the flow of soft money begins to slow and interest rates start to trend upward. "As the business cycle continues to turn, and capital structures begin to show signs of stress, we expect to see more restructuring work. Having Jeff's experience and skillset as part of our group well positions us to be a key player in New York's competitive market for bankruptcy advisors."
"I am very pleased to be joining Venable and to practicing for years to come with very talented lawyers, some of whom I have known for many years," Mr. Sabin said. "Venable is an energetic and entrepreneurial firm, and I look forward to assisting in the growth and development of its restructuring practice in New York and nationally."
In addition to his bankruptcy work, Mr. Sabin has been recognized for his outstanding pro bono work. He was named as one of the finalists for the 2007 National Public Justice Award for his role in securing a precedent-setting ruling against FEMA on behalf of the class of almost one million persons left homeless by Hurricane Katrina.
Mr. Sabin received his J.D. from Boston College Law School and his B.A. from Cornell University.
An American Lawyer Global 100 law firm, Venable serves corporate, institutional, governmental, nonprofit and individual clients throughout the U.S. and around the world. Headquartered in Washington, DC, with offices in California, Maryland, New York, Virginia and Delaware, Venable LLP lawyers and legislative advisors represent domestic and global clients in all areas of corporate and business law, and complex litigation. For more, visit www.Venable.com.