Joseph Samet is a member of the Firm's Global Recovery, Restructuring and Bankruptcy Group in the New York office. For more than three decades, Mr. Samet has represented all parties in interest in US and international workouts and restructurings, chapter 11 reorganizations, and bankruptcy cases. He also counsels clients and transactional lawyers on distressed deals and creditor/debtor issues in corporate transactions and loans. He covers issues relating to insurance, structured finance, SIPC, debtor-in-possession financing, sales of assets and intellectual property. Mr. Samet is regularly listed among the leading insolvency, restructuring and/or banking lawyers by Super Lawyers, Best Lawyers, and Who's Who in America.
Mr. Samet represents parties in interest on potential creditors' rights/bankruptcy implications of domestic and cross-border deals, in acquisitions and distressed investments, on structured finance and corporate governance issues, as well as in pre-bankruptcy litigation. This covers financially distressed corporations and partnerships across various industries including — manufacturing, retail, service, airlines, energy, healthcare, real estate, professional firms, e-commerce, insurance and telecommunications. He prosecutes and defends "clawback" - preference, fraudulent conveyance, equitable subordination and substantive consolidation actions. He is active in board and officer/director and partner liability issues and related litigation. Mr. Samet has also testified as an expert witness in jury trials and in an international arbitration. He is a mediator in the Southern District of New York.
Representative Legal Matters
Mr. Samet has represented diverse parties in interest including in the following chapter 11 insolvency and restructuring matters: Lehman Brothers, Madoff, Vitro, Coudert, Heller, Satmex, Sancor restructurings, Allegiance Telecom, Harnischfeger, and ACA and SCA Monoline insurance restructurings.
Professional Associations and Memberships
- American Bankruptcy Institute
- Association of the Bar of the City of New York
- American Bar Association
- Commercial Law League of America
- Turnaround Management Association
- Barry Zaretsky Bankruptcy Roundtable at Brooklyn Law School - Steering Committee
- New York State Bar Association
- Brooklyn Law School - Adjunct Professor (1986-87)
- International Institute for Conflict Prevention & Resolution (CPR) - Banking - Chair, mediation sub-committee
U.S. Supreme Court~United States (1979)
U.S. Court of Appeals, Second Circuit~United States (1976)
New York~United States (1975)
U.S. District Court, Southern District of New York~United States (1975)
U.S. District Court, Eastern District of New York~United States (1975)
Brooklyn Law School
Queens College, New York
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