John (Jack) Murray is an associate in our Financial Restructuring & Bankruptcy group. Jack represents secured creditors, trade creditors, and debtors in Chapter 11 restructurings, out-of-court foreclosures, section 363 sales, and Chapter 7 liquidations.
What do you focus on?
In my practice, I advise debtors, creditors, and other interested parties in the context of domestic and international corporate restructurings and liquidations in Chapter 7 cases, Chapter 11 cases, and out-of-court restructurings. I have advised clients in a wide variety of industries, including health care, energy, and retail. I regularly advise clients in distressed situations, helping them to maximize recoveries. In addition, I maintain an active consumer bankruptcy pro bono practice.
Prior to joining the firm, I was an associate in business restructuring for various international law firms in both Boston and New York, and I completed clerkships with the Honorable Ann M. Nevins of the United States Bankruptcy Court for the District of Connecticut and the Honorable Marie E. Lihotz of the Superior Court of New Jersey, Appellate Division.
During law school, I was a managing editor of the Northeastern University Law Review. I also served as a judicial intern to the Honorable Norman H. Stahl of the United States Court of Appeals for the First Circuit, the Honorable Joan N. Feeney of the United States Bankruptcy Court for the District of Massachusetts, the Honorable Lee Solomon of the Supreme Court of New Jersey, and as an intern with the Office of the United States Trustee in Philadelphia, Pennsylvania.
What do you see on the horizon?
The stress of the COVID-19 pandemic will exacerbate pre-pandemic challenges in the retail and health care sectors and create new uncertainly in the hospitality and commercial real estate sectors. Further, while large enterprises may have access to liquidity to weather a sustained economic downturn, smaller enterprises may not have such options and may be forced to consider restructuring alternatives.
Jack joined Nixon Peabody in January 2021. The representative work set forth below may reflect experience from prior firms.
- Advised an ad hoc group of secured noteholders in the Chapter 11 cases of Garrett Motion, Inc.
- Advised a behavioral health hospital system on the wind-down and Chapter 7 filing of a subsidiary facility.
- Advised a distressed debt investor in connection with an investment related to Pacific Gas and Electric Company’s Chapter 11 cases, involving analysis of complex legal issues relating to make-whole and subrogation claims and wildfire claims liability.
- Advised a consortium of Philadelphia-area hospitals in their winning section 363 bid for Hahnemann University Hospital’s medical residency slot assets.
- Represented CERO Cooperative, Inc., a Boston-based commercial composting company, in consensual out-of-court restructuring, which effectuated a debt-for-equity swap and other loan modifications, as well as new financing from institutional and private investors.
- Represented one of the largest unsecured creditors in a high-profile consumer Chapter 7 case and related adversary proceeding objecting to the debtor’s discharge.