Jeffrey R. Gleit

Partner

Jeff’s practice focuses on bankruptcy and distressed corporate restructurings in the hedge fund and private equity space.

Jeffrey R. Gleit, Partner, ArentFox Schiff

Jeff has extensive experience representing debtors, hedge funds, private equity funds, financial institutions, independent directors and trade creditors in restructuring distressed companies. Jeff works with clients in a variety of industries, including financial, energy, healthcare, automotive, retail, telecommunications and manufacturing. He regularly advises boards of directors in distressed situations and provides counsel to parties to credit default swap transactions.

Client Work

Represents Acquiom Agency Services LLC and Seaport Loan Products LLC as Co-Administrative Agents under the $1.78 billion prepetition secured term loan facility and as DIP Agents under the $250 million DIP Facility in the chapter 11 cases of Mallinckrodt plc and its affiliates.

Represents Wilmington Savings Fund Society, FSB as Agent under the $50 million prepetition Bridge Facility and DIP Agent under the $200 million DIP Facility in the chapter 11 cases of Cyxtera Holdings and its affiliates.

Represents Wilmington Savings Fund Society, FSB as DIP Agent under the $275 million DIP Facility in the chapter 11 cases of Venator Materials PLC and its affiliates.

Represents the independent director of Voyager Digital Holdings, Inc. in the Voyager chapter 11 cases.

Represents Wilmington Savings Fund Society, FSB as administrative agent under the secured exit facilities in the chapter 11 cases of GTT Communications and its subsidiaries.

Represents CN Borrower LLC and its subsidiaries in the chapter 11 case of Compute North LLC.

Represents CQS (UK), LLC in the chapter 11 cases of Talen Energy and its subsidiaries.

Represents UMB Bank as agent under Quorum Health’s chapter 11 exit facility.

Represents Quabbin Capital in the chapter 15 case of Universal Enterprises, Ltd.

Represented Newmark Group, Inc. in its acquisition of Knotel, Inc. as part of Knotel’s chapter 11 case.

Represented Purdue Pharma L.P. and its subsidiaries as special conflicts counsel in their chapter 11 cases.

Represented the independent directors of iQor Holdings in connection with iQor’s prepackaged chapter 11 case.

Represented Wilmington Savings Fund Society, FSB in the Covia Holdings Corporation and Denbury Resources chapter 11 cases.

Represented CQS (U.S.) LLC in the chapter 11 cases of Windstream Holdings, Inc. and its subsidiaries.

Represented EY Bermuda as the Joint Provisional Liquidator in the George’s Bay Limited chapter 15 case pending before the United States Bankruptcy Court for the Southern District of New York.

Represented 21st Century Oncology Holdings, Inc. and its subsidiaries as post effective date bankruptcy counsel in their chapter 11 cases.

Represented a large U.S.-based hedge fund in connection with its out-of-court restructuring.

Represented GT Advanced Technologies, Inc., as special litigation counsel, in its chapter 11 case.

Represented GPB Capital Holdings in the Insightra Medical, Inc. chapter 11 case.

Represented General Growth Properties in the Fairway Markets chapter 11 case.

Represented KPMG Netherlands in the Soundview Elite chapter 11 case.

Represented Ad Hoc Group of Noteholders of Black Elk Energy Offshore, Inc.

Represented Boomerang Systems, Inc. in its chapter 11 case.

Represented NII Holdings, Inc., in its chapter 11 case.

Represented James River Coal Company in its chapter 11 case.

Represented The Mortgage Partnership of America in the ResCap chapter 11 case.

Represented JEC Capital in the Kit digital, Inc. chapter 11 case.

Represented Borders Group, Inc. and its subsidiaries in their chapter 11 cases.

Represented the Official Committee of Former Partners in the Dewey & LeBoeuf LLP chapter 11 case.

Represented the Official Creditors’ Committee of Capmark Financial Group, Inc.

Represented Anderson News, LLC in its chapter 11 case.

Represented Cozumel Caribe, S.A. de C.V. in its chapter 15 case.

Represented the Portrait Corporation of America in its chapter 11 case.

Represented the Official Creditors’ Committee of Refco, Inc.

Represented the Trade Committee in Delphi Corporation chapter 11 case.

Represented Fortress Credit Corporation, as Bank Agent in Pappas Telecasting Incorporated chapter 11 case.

Represented the Committee of Preferred Stockholders in Innovative Communications Corporation’s chapter 11 case.

Represented Silver Point Capital in Galvex Corporation chapter 11 case.

Represented Sunbeam Corporation, Enron Corporation and APW Ltd. in their chapter 11 cases.

Represented the Official Creditors’ Committee of ANC Rental Corporation.

Publications, Presentations & Recognitions

Publications

  • “Understanding the Role of the Independent Director in Bankruptcy,” Journal of Corporate Renewal (November 2023)
  • “The Landscape of Texas Two-Steps Post-LTL,” Norton Journal of Bankruptcy Law and Practice, Vol. 32, Issue 2 (June 2023)
  • “The Texas Two-Step: a Problematic Reframing of the Bankruptcy Code Toolkit or an Equitable Solution for Productive Conglomerates and their Mass Tort Claimants?,” Norton Journal of Bankruptcy Law and Practice, Vol. 31, Issue 2 (April 2022)

Recognitions

  • “Rising Star,” New York Super Lawyers (2011-2012)
  • Outstanding Young Restructuring Lawyer, Turnarounds & Workouts (2012)
  • New York Super Lawyers (2013-2023)
  • “Rising Star,” Law360 (2014)
  • The Legal 500 U.S. (2019-2021)

Professional Activities

Turnaround Management Association

Federal Bar Council

Perspectives