Richard J. Corbi is Counsel to Lowenstein Sandler’s Bankruptcy, Financial Reorganization & Creditors’ Rights Department and Specialty Finance Department’s Private Equity Group. Richard focuses his practice on all aspects of corporate restructuring, bankruptcy and insolvency proceedings in both the United States and in cross-border insolvencies. He represents debtors, lenders, creditors’ committees, plan sponsors, private equity funds and other creditors in Chapter 11 bankruptcies and out-of-court restructurings.

Prior to rejoining Lowenstein Sandler, Richard was a bankruptcy associate at Proskauer Rose LLP in New York City.

Summary of Representative Matters*

Company/Chapter 11 Debtor Representations

• In re Philadelphia Newspapers, LLC (Bankr. E.D. Pa.)
• In re Gas City, Ltd. (Bankr. N.D. Ill.)
• In re G.I. Joe’s Corp. (Bankr. D. Del.)
• In re TLC Vision (USA) Corp. (Bankr. D. Del.)

Debtor-in-Possession ("DIP") Financing Representations

• In re Loehmann’s (Bankr. S.D.N.Y.) – Represented Crystal Financial LLC as DIP Lender
• In re PTL Holdings LLC (Bankr. D. Del.) – Represented Garrison Investment Group as DIP Lender

Stalking Horse Bidder Representation

• In re Metaldyne Corp. (Bankr. S.D.N.Y.) – Represented HHI Holdings as stalking horse bidder

Significant Creditor Representations

• In re Lyondell Chemical Co. (Bankr. S.D.N.Y.) – Represented Ares Management LLC, one of the largest senior secured lenders, as a rights offering sponsor of debtors’ chapter 11 plan of reorganization.
• In re Los Angeles Dodgers, LLC (Bankr. D. Del.) – Represented Major League Baseball
• In re The Philadelphia Orchestra Association, Inc. (Bankr. E.D. Pa.) – Represented the American Federation of Musicians’ and Employers Pension Fund as the largest creditor of the debtor in connection with litigation involving pension fund liability issues
• In re Madoff Securities (Bankr. S.D.N.Y.) and (S.D.N.Y.) – Represented multiple defendants in various avoidance action lawsuits commenced by the trustee of the debtors’ estate

Official Committee of Unsecured Creditor Representation

• In re Interstate Bakeries Corp. (Bankr. W.D. Mo.)
• In re Advanced Marketing Services (Bankr. D. Del.)

* Certain of the above representative matters were handled by Richard prior to him rejoining Lowenstein Sandler P.C.

Editorial Positions

• Editor, "The International Scene" column, American Bankruptcy Institute Journal (2011—Present)
• Editor and Author, American Bankruptcy Institute Volo Third Circuit Case Update (2010—Present)
• Editor, "Lien on Me" column, American Bankruptcy Institute Journal (2009—Present)
• Coordinating Editor, "Code to Code" column, American Bankruptcy Institute Journal (2009—Present)
• Contributing Editor, Annual Survey of Bankruptcy Law (2010—Present)
• Contributing Editor, Norton Bankruptcy Law and Practice 3d (2009—Present)
• Newsletter Editor, American Bankruptcy Institute Young & New Members Committee (2009—2011)
• Editorial Board Member, Norton Journal of Bankruptcy Law & Practice (2008—Present)
• Editor, Second Circuit Case Update for American Bankruptcy Institute (2008—2009)
• Editor, "Guide to Cross-Border Insolvency in the United States" published by the American Bankruptcy Institute (2007—2008)

Speaking Engagements

• Presenter, Norton Bankruptcy Litigation Seminar II, March 21-22, 2013, Las Vegas, Nevada
• Moderator, Examiners and Select Plan Confirmation Issues ABI Webinar, October 15, 2012
• Presenter, Select Intellectual Property Issues in Bankruptcy Cases, August 15, 2012, Charles River Associates, New York City
• Presenter, Nuts and Bolts: Business Bankruptcy Fundamentals CLE, May 14, 2010, New York City
• Presenter, Bankruptcy Code Section 363 Sales CLE, July 28, 2009, New York City
• Drafted Materials for “Real Estate Cramdown” May 12, 2009 Webinar, New York City
• Presenter, Nuts and Bolts: Business Bankruptcy Fundamentals CLE, April 14, 2009, New York City
• Presenter, Lowenstein Sandler University, Retention of Professionals in Bankruptcy Cases, 2008

Pro Bono

• Futures & Options, Networking for a Cause 2, Event Committee
• New York State Bar Association 2011 Empire State Counsel
• New York State Bar Association 2010 Empire State Counsel
• New York State Bar Association 2009 Empire State Counsel