Gregory G. Plotko is a partner in the Corporate Department, specializing in Bankruptcy & Special Situations Investments. He advises and represents a diverse range of clients, including distressed investors, bondholder groups, ad hoc creditor groups, creditors’ committees and major secured and unsecured creditors, as well as debtors, bank agents, financial institutions and other parties, in complex and often high-profile Chapter 11 bankruptcy cases, out-of-court restructurings and other distressed situations.

On the creditor side, Mr. Plotko’s work includes negotiating and litigating Chapter 11 plans; negotiating and litigating cash collateral orders, debtor-in-possession/exit financing documents and equity commitment agreements; and developing, negotiating and implementing rights offerings. Mr. Plotko advises hedge funds and other financial institutions on the rights and remedies of various debt holders and on understanding complex corporate and capital structures, including credit and indenture analysis.

On the debtor side, Mr. Plotko assists companies in navigating the complex legal, financial and operational issues that arise in Chapter 11. His debtor experience includes negotiating and obtaining debtor-in-possession financing, forbearance agreements and support from trade vendors; negotiating and implementing sales of business segments and companies; negotiating rights offering and equity commitment agreements; and drafting, negotiating and confirming Chapter 11 plans.

Mr. Plotko has also represented numerous official committees in bankruptcies in the retail industry, including Bombay Furniture Stores, Hancock Fabrics, BTWW Retail LP, Troutman’s Emporium, The Athlete’s Foot Stores, Montgomery Ward and Lids Stores.