Lee Harrington is a partner in Nixon Peabody’s Financial Restructuring and Bankruptcy practice. He is a leader of the group’s distressed asset acquisition team and one of the group’s principal restructuring litigation specialists, practicing in both federal and state courts.
Lee draws on his extensive experience in the music business in representing clients throughout the entertainment industry in music, film, television and related fields.
At present, I focus my practice on two principal areas: distressed asset acquisition transactions both in and outside of formal insolvency proceedings and providing non-bankruptcy restructuring and dissolution services.
I’ve represented buyers and sellers of assets in transactions of almost every size across a wide variety of industries over the past several years. These sales have taken place both under Section 363 of the Bankruptcy Code and outside of formal bankruptcy proceedings. Most recently I’ve been involved in the acquisition of a large regional hospital, a large industrial laundry service and a technology fabric manufacturer, and the orderly sale and wind down of a solar manufacturing entity. I’ve also helped sell golf courses, various manufacturing facilities, power facilities, retail stores, real property, intellectual property and almost every form of asset and company one might conceive. The depth and breadth of the team, with the support of our colleagues from the firm’s wide range of practice groups, gives us a real advantage in buying and selling even the most complex assets.
There’s a continuing trend away from traditional restructuring through a formal bankruptcy proceeding. We have been increasingly involved in advising clients in non-bankruptcy restructuring and wind down alternatives, including consensual debt restructuring, asset sales, assignments for the benefit of creditors, indenture trusteeships and corporate dissolution under state law. These non-bankruptcy alternatives often offer more cost-effective solutions for distressed companies to right-size balance sheets, sell assets or wind down operations.
I come from a family of artists and, before law school, I spent many years as a singer, songwriter, producer and performer in a touring rock band. I still play today. It’s from this unique perspective as a working artist that I counsel clients across the spectrum in the entertainment industry. I’ve worked with bands, producers, record labels, management companies, film makers, screen writers, authors, photographers, comedians, singers, songwriters and publishers in a wide variety of transactional and litigation matters in the music, film, television and fine arts spaces.
I am devoting an increasing amount of time and energy to identifying more efficient and cost-effective solutions for clients looking to buy or sell assets in a distressed situation and clients looking to wind down operations. It seems clear that there is a paradigm shift in the ways companies approach operating and dealing in the world of insolvency.
In the entertainment space, the firm has a very vibrant bi-coastal fashion and entertainment law practice and I look forward to marrying our industry-specific experience with the breadth and depth of skill we have throughout the other practice groups at the firm to advise our industry clients in an ever-evolving world of creating, delivering, funding and protecting art and media.
Law360 | December 12, 2018
Financial Restructuring & Bankruptcy partners Lee Harrington of Boston and Dan Sklar of Manchester and Complex Commercial Disputes partner George Skelly of Boston are mentioned in this story for their representation of Tempnology in an ongoing licensing suit, which is now before the Supreme Court.
Modern Restaurant Management | August 30, 2018
This end-of-month roundup of top restaurant news includes highlights from Nixon Peabody’s Food, Beverage & Agriculture team’s quarterly Crystal Ball outlook report. Boston Financial Restructuring and Bankruptcy partner Lee Harrington, Los Angeles Corporate partner Ellie Altshuler, Rochester Corporate partner Tyler Savage, and Buffalo Complex Commercial Disputes associate Tracey Scarpello are quoted.
Law360 | March 24, 2017
Boston financial restructuring and bankruptcy partner Lee Harrington is mentioned in this article as representing the creditors in Cosi Inc.’s new Chapter 11 reorganization plan.
Law360 | July 08, 2016
Boston Financial Restructuring & Bankruptcy partner Lee Harrington authored this piece that discusses decisions suggesting that recipients of payments on securities and debt instruments have to carefully consider how broadly a court will apply the Section 546(e) safe harbor to protect these payments from avoidance and recovery by a bankruptcy trustee.
Food, Beverage & Agriculture Alert | 07.25.18
Bankruptcy Law Alert | 01.26.18
Boston College Law School, J.D.
University of Massachusetts, Boston, B.A.
U.S. District Court, District of Massachusetts
U.S. District Court, Southern District of New York
U.S. District Court, Eastern District of Pennsylvania
U.S. District Court, District of Delaware
Lee was selected by his peers for inclusion in The Best Lawyers in America© 2019 in the field of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law. Lee has been recognized by Best Lawyers since 2018.
Lee is a member of the American Bankruptcy Institute and the Boston and Massachusetts bar associations. He also serves as co-chairman of the Law and Policy Committee of the Boston Bar Association’s Bankruptcy Law Section. As co-chair, Lee has taken an active role in the BBA’s efforts to modernize the Massachusetts’s homestead and personal property exemption statutes and has testified before the Joint Committee on the Judiciary on behalf of the BBA’s membership. Lee is a board member for Plugged In, a music and arts nonprofit in the Greater Boston Area, and the Needham Youth Hockey Association.