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Gayle P. Ehrlich has practiced in the areas of litigation, commercial law and restructuring for more than twenty years. She has represented lenders, indenture trustees, bondholders, committees and other creditors, debtors, and trustees in matters throughout the United States. Ms. Ehrlich frequently represents lenders to and buyers and sellers of troubled businesses, both in and out of court. Ms. Ehrlich previously served as law clerk to the Honorable Harold Lavien, U.S. Bankruptcy Court (1985-1987). She is the corporate secretary and a member of the Executive Committee of the Turnaround Management Association. Representative Client Work Recent representative matters include: Alterra Healthcare Corp.: Assisted a client in providing post-bankruptcy financing of approximately $70 million through mortgage and sale/leaseback arrangements on facilities in 10 states, and was heavily involved in the plan confirmation proceedings Global Service Group, LLC: Obtained dismissal of an action brought against a lender asserting liability under the theories of deepening insolvency, marshalling and equitable subordination Integrated Health Services, Inc. / Mariner Post-Acute, Inc.: Assisted a client holding leasehold and mortgage interests in approximately 57 real properties located in 13 states, in entering into settlements whereby the properties were recovered and the debt resolved within a short time of each Chapter 11 filing CML Group, Inc. (parent of Nordic Track, Inc. and Smith & Hawken Ltd.): Represented the Official Committee of Unsecured Creditors in the Chapter 11 proceeding of CML Group, Inc., negotiated a participation in the sales proceeds of CML's operating entities in order to maximize values and distributions to creditors City of New Orleans: Represented the Council for the City of New Orleans in the Chapter 11 reorganization of the gas and electric utility serving the city following the devastation caused by Hurricane Katrina Recent representative published decisions include: In re Rickel Home Centers, Inc., 209 F.3d 291 (3d Cir. 2000), aff'g. 240 Bankr. 826 (D. Del. 1998) In re Global Service Group, LLC, 316 B.R. 451 (Bankr. S.D.N.Y. 2004) In re Integrated Health Servs., Inc., 307 B.R. 794 (Bankr. D. Del. 2004) Bar & Court Admissions Massachusetts, 1985 Rhode Island, 1986 New York, 1986 U.S. District Court, District of Massachusetts U.S. District Court, Southern District of New York U.S. District Court, Eastern District of New York U.S. Bankruptcy Court, Southern District of New York U.S. Appeals Court for the Third Circuit Publications Sullivan & Worcester LLP Represents Winning Client In Ruling That Secured Lender Is Not Liable for "Deepening Insolvency", S&W Client Advisory (November 11, 2004) Managing Risk in a Turnaround Engagement, Journal of Corporate Renewal (April 2008) Speaking Engagements Moderator, Liability and Opportunity: The Strategic Uses of Commercial Insurance in Corporate Turnarounds, Turnaround Management Association of New England (May 2008) Litigating in Bankruptcy Court, Litigation Counsel of America, Spring Conference (June 2007) When Two Worlds Collide: Bankruptcy and Divorce, American Bankruptcy Institute Northeast Bankruptcy Conference (July 2004) Awards & Honors Massachusetts Super Lawyers (2004-2008) Charter Fellow, Litigation Counsel of America Professional & Civic Activities Corporate secretary and member, Executive Committee, Turnaround Management Association, 2006-2008 Board of Directors, Turnaround Management Association, 2005-2008 President, Northeast Chapter Turnaround Management Association, 2003-2005 Board of Directors, Northeast Chapter Turnaround Management Association, 1998-2004 Education J.D., Cardozo School of Law, 1985 B.A., Sarah Lawrence College, 1981 |
