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Dennis J. Drebsky

Partner
New York
Phone: 212-940-3091
Fax: 866-678-8786
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DENNIS J. DREBSKY

Mr. Drebsky concentrates on commercial and bankruptcy litigation and is often retained for his skills as a negotiator. He also handles acquisitions and sales of companies in Chapter 11, as well as nonbankruptcy workouts and reorganizations.

Mr. Drebsky has acted as bankruptcy counsel to A.H. Robins Company in its reorganization proceeding in the Eastern District of Virginia. As lead counsel to Coral Petroleum, Inc., a privately held oil trading and refining company with annual sales/revenues of $5 billion, Mr. Drebsky handled the company’s reorganization and defended the company in litigation with the Department of Energy. Mr. Drebsky also represented Tudor II Associates, a series of limited real estate partnerships that purchased several large commercial properties from a Chapter 1 debtor, and has represented the debtors in a series of real estate bankruptcies involving forty-one hotel properties, the primary secured creditor in the Columbia Hospital for Women reorganization in Washington, and creditors in several reorganizations, including Enron, WorldCom, and ANC.

Through his creditor work, Mr. Drebsky has gained particular experience in insurance litigation. He has represented the Home Insurance Company in several mass tort bankruptcies, including the Manville Corporation, Celotex, J.T. Thorpe Dana Corporation, and Dow Corning. Mr. Drebsky has also represented clients in several telecommunication reorganizations, including Mobile Media and USN.

Mr. Drebsky also has wide experience in major commercial and antitrust litigation, including representing the Associated Press, Automatic Data Processing, and Mylan Laboratories.

Affiliations

Mr. Drebsky is a member of the New York City Bar Association Committee on Corporation Reorganization.

Thought Leadership/Alerts

Media Clips

    • Second Circuit Upholds Expansive Reading of Code’s Safe Harbor Provisions
      BNA Bankruptcy Law Reporter | October 27, 2011

      This contributed article, coauthored by New York City Bankruptcy & Financial Restructuring partner Dennis Drebsky and associate Chris Desiderio, discusses the Second Circuit’s expansive reading of the Bankruptcy Code’s safe harbor provisions in Bankruptcy Code Section 546(e) in Enron Creditors Recovery Corp. v. ALFA, S.A.B. DE C.V. et al.

    • Extending Chapter 9 to States Would Present Hurdles
      The National Law Journal | February 21, 2011
      This contributed article, featured in the publication’s “Corporate Restructuring and Bankruptcy” special section, discusses whether states will be able to file bankruptcy under Chapter 9. The article is coauthored by New York City Bankruptcy & Financial Restructuring partner Dennis Drebsky.
    • Chap. 9 Plan in S.C. Hits Pothole
      The Bond Buyer | August 16, 2010
      This feature story discusses the South Carolina Department of Transportation’s challenge in a Chapter 9 bankruptcy filing, which has delayed efforts to restructure $369 million of the agency’s toll road bonds that went into default at the beginning of the year. New York City Bankruptcy & Financial Restructuring partner Dennis Drebsky is quoted addressing this matter.
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    Dennis J. Drebsky