Michael H. Torkin

Michael Torkin is a Partner in the Firm’s Restructuring Practice and founder of the Firm’s Private Capital and Special Situations Investment Group. Michael’s multidisciplinary practice includes representing companies on liability management, recapitalization and restructuring transactions, both in and out of court, domestically and internationally. Michael also routinely represents sponsors, acquirers of distressed businesses, and hedge fund and private equity fund clients in connection with a broad array of special situation investments and recapitalization transactions. During his career, Michael has been involved in numerous cross-border restructurings involving Canada, Chile, Argentina, Brazil, Mexico, the United Kingdom, Israel, Africa, The Netherlands and Australia.

Michael’s practice (including prior to joining the Firm) spans the representation of numerous private equity and hedge fund clients, including Angelo Gordon, The Blackstone Group, The Carlyle Group, Chambers Energy Partners, Charterhouse, First Reserve, KKR Credit, Platinum Equity, Pointstate Capital, Primavera Capital Group, Riverstone, and Silver Lake Partners as well as corporates on an array of restructuring and special situations transactions, including:

Debtor Representations:

• Corp Group Banking in connection with its Chapter 11 proceeding
• Pyxus International in connection with its prepackaged Chapter 11
• Arsenal Resources in connection with its 2020 prepackaged Chapter 11 restructuring and its 2019 comprehensive financial restructuring through an out-of-court transaction and pre-packaged Holdco Chapter 11 proceeding
• Ascent Resources Marcellus in connection with the structuring of its prepackaged Chapter 11 and restructuring support agreement
• Eastman Kodak Company in connection with its Chapter 11 reorganization, including the disposition of its intellectual property portfolio and the resolution of its legacy retiree obligations
• Remy International in its prepackaged Chapter 11 reorganization
• Smarte Carte in its prepackaged Chapter 11 reorganization
• America Online Latin America in its Chapter 11 reorganization
• Oneida Ltd. in its prenegotiated Chapter 11 reorganization

• Primavera Capital in the prepackaged Chapter 11 case of its portfolio company, WorldStrides
• BorgWarner Inc. in connection with its disposition of Morse-Tec to Enstar Group Limited
• ITT in its sale of InTelCo Management LLC, a wholly owned subsidiary that holds asbestos and certain other liabilities and related insurance assets, to a Delticus HoldCo subsidiary
• Angelo Gordon in connection with the out-of-court debt for equity exchange and business transformation of Abraxas Petroleum Corporation
• Angelo Gordon, Canyon Capital, TPG, MSD and AllianceBernstein in connection with Rex Energy’s Chapter 11 proceeding and related sale to PennEnergy
• Madava Financial, LLC, as administrative agent, in connection with financing for Rosefield Pipeline Company
• Lead investor in ARM Monument Holdings, LLC, and the simultaneous acquisition by ARM of Monument Pipeline, LP, a Houston-based natural gas pipeline, from affiliates of NextEra Energy Partners, LP.
• PointState Capital, Serengeti Asset Management, Knighthead Capital Management and 683 Capital Partners in connection with the recapitalization of TGLT S.A.
• Ascribe Capital in connection with Geokinetics’ Chapter 11 proceeding and related sale to SAE Exploration
• TerraForm Power and TerraForm Global in connection with SunEdison’s financial distress and ultimate Chapter 11 proceeding
• CPPIB in connection with the restructuring and recapitalization of RGL Reservoir Management Inc.
• Sterling Organization in its acquisition of the Plaza Mexico center in Lynnwood, California in a 363 bankruptcy auction
• AT&T in connection with its acquisition of Nextel Mexico in a Section 363 share sale transaction
• Gildan Activewear in connection with its acquisition of the American Apparel brand through a Section 363 asset sale transaction
• Ascribe Capital, Goldman Sachs and Brookfield Asset Management in connection with Emeco Group’s deleveraging, recapitalization and merger transactions with Orionstone and Andy’s Earthmovers implemented through an Australian scheme of arrangement and U.S. Chapter 15 proceeding
• Platinum Equity and an ad hoc group of noteholders, including Silverpoint, Whitebox, Goldman Sachs SSG and Contrarian Capital in connection with Key Energy’s prepackaged Chapter 11
• Macquarie Bank Limited, Centerbridge Partners and Canada Pension Plan Investments Board in connection with their acquisition and subsequent sale of Pocahontas Parkway, a Virginia toll road
• Avenue Capital and DDJ Capital Management in connection with the 363 credit bid acquisition of Milacron Inc.
• RBS in connection with the restructuring of GulfMark Offshore, Inc.
• The Official Committee of Unsecured Creditors of Dendreon Corporation

Michael is ranked as a leading lawyer by Chambers USA, which describes him as “a very strong lawyer with a lot of credibility.” He has also been ranked by Chambers Global and The Legal 500 United States and was recognized by The M&A Advisor as one of the top “40 under 40” M&A, financing and turnaround professionals in 2010 and by Turnarounds & Workouts as one of 12 “Outstanding Young Restructuring Lawyers” in 2009 and 2010. He is a member of the American Bankruptcy Institute and Turnaround Management Association.

Michael received his J.D. in 1997 from Osgoode Hall Law School and his B.A. in 1993 from the University of Western Ontario. He is admitted to practice in New York.