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Jeffrey D. Prol has more than 20 years' experience in matters involving debtor/creditor rights, including: complex business transactions and litigation, corporate restructuring, business consulting, out of court workouts, foreclosure and bankruptcy. Mr. Prol's bankruptcy practice includes representation of debtors, secured creditors, unsecured creditors committees and other parties in interest, including landlords, lessors, guarantors, and equity holders, in cases under all chapters of the United States Bankruptcy Code. Mr. Prol is featured in the 2012 edition of The Best Lawyers in America and in the 2005-2009 issues of Super Lawyers in the Bankruptcy and Workout section of the publication.
Highlights
- Representation of official creditors' committee in Townsends, Inc.
- Representation of Chairman of official creditors' committee in Pilgrim's Pride, Inc.
- Representation of asbestos claimants committees in G-I Holdings, Inc. (successor to GAF Corporation), Burns and Roe Enterprises, Inc., The Muralo Company, and Hercules Chemical Corp.
- Representation of a nationwide homebuilder in a successful Chapter 11 reorganization.
- Representation of 32 related internet/catalog retailers in a successful Chapter 11 reorganization and sale of the debtors' businesses.
- Representation of creditors committees in Protostar Ltd., Memorex/Telex Corporation, Tandycrafts, Inc., Vectour, Inc., Cenargo International, Inc.
- Representation of ad hoc noteholders committee in Trump Resort and Casino Chapter 11 bankruptcy case
- Representation of litigation trustee in Marvel Comics Chapter 11 bankruptcy case.
- Representation of major waste disposal company in workout involving regulatory agencies.
- Representation of licensor/franchisor in Chapter 11 bankruptcy case of a distributor of office products.
- Representation of secured creditors in workouts, litigation and bankruptcies to enforce Article 9 security interests in machinery, equipment and inventory, mortgages, and deficiency claims.
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Creditors' Committees Power is Affirmed
Bankruptcy Watch, September 2003
Jeffrey Prol,
Mary Seymour
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Rutgers University School of Law - Newark
(J.D., 1989)
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United States Merchant Marine Academy
(B.S., 1985),
with honors
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New York
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New Jersey
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1990,
U.S. District Court, District of New Jersey
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2002,
U.S. District Court, Southern District of New York
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- New Jersey State Bar Association
- New York State Bar Association
- Essex County Bar Association
- National Arbitration Forum, Panel of Arbitrators
- United States Naval Reserve (1985 - 1989)
- Netherlands Reformed Christian School Board (1994-1996)
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