Sharon L. Levine Partner

Roseland
T 973.597.2374 | F 973.597.2375



Vice Chair, Bankruptcy, Financial Reorganization & Creditors’ Rights Department

Sharon blogs for the Wall Street Journal’s Bankruptcy Beat

Sharon L. Levine has been at the forefront of some of the largest and most complex bankruptcy cases in recent years, and she has earned a national reputation among clients and peers as a tenacious and accomplished bankruptcy lawyer. She is highly regarded for her litigation and negotiation skills in the practice of restructuring, debtor-creditor law and bankruptcy litigation; her representations include purchasers, debtors and creditors (committees and individuals). Sharon has a well-established reputation as a formidable force in bankruptcy courts across the country, where she has tried contested and litigated matters in venues including federal bankruptcy courts in New York, Delaware, California, Texas and New Jersey, among many others.

Clients rely on Sharon's adept strategic ability to provide bankruptcy advice on "out of court" corporate reorganizations, corporate and structured finance matters, and acquiring assets out of bankruptcy, as well as in circumstances when one of the parties may be insolvent.

Sharon is a frequent lecturer on various bankruptcy topics and serves as Co-Chair of the Trade Credit Committee of the American Bankruptcy Institute (ABI), and as a member of the Board of Trustees and the Women's Committee of the Turnaround Management Association. She also serves as Co-Chair of the Labor and Benefits Issues Advisory Committee to the ABI's Commission to Study the Reform (amend or modify) of the Bankruptcy Code treatment of Pension and Retiree Medical Benefits. She is active in serving her community and is on the Board of Trustees for the State Theatre Regional Art Center in New Jersey and on the Advisory Board of Women's Campaign International.


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Representative Engagements

Represents the American Federation of State, County and Municipal Employees (AFSCME) in Detroit’s Chapter 9 bankruptcy.
Represented the official unsecured creditors' committees in cases such as Universal Cooperatives Inc., Gridway Energy Holdings Inc., Exide Technologies, KidsPeace, Oreck, Ormet, Handy Hardware, Southern Air, Global Aviation, Blitz U.S.A., Inc., Chef Solutions, Hussey Copper, Manistique Papers, Inc., Harry & David Holdings, Inc., American Safety Razor, Pinnacle Films, Inc., Consolidated Horticulture Group, Lear Corporation, Hayes Lemmerz, ION Media, Leiner Health Products, Inc., Star Tribune, Pliant Corporation, Foamex International, Papas Telecom, Stant Parent Corporation and Marcal Paper.
Served as lead counsel for the ad hoc committee of bondholders under Global A&T Electronics (GATE) 10% Senior Secured Notes due 2019.
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Other Distinctions

  • Litigation Counsel of America (2014) – Selected as a Fellow.

  • Chambers USA: America's Leading Lawyers for Business (2008–2014) – Sharon has been lauded as “an excellent litigator…Clients are quick to praise her, noting that ‘she is just extremely smart and gets to the heart of the matter promptly; she is top-notch.’”

  • The Best Lawyers in America (2012–2014)

  • Super Lawyers (2005–2014) – Sharon has been consistently acknowledged by her peers for her work in bankruptcy and creditor/debtor rights.

Publications

Chapter 9 May Be Tough to Swallow for Unions, Retirees
Journal of Corporate Renewal, June 2014
Sharon Levine, Philip Gross
Secured Debt May Be More Secure Than We Thought!
Bankruptcy, Financial Reorganization & Creditors' Rights Client Alert, May 16, 2014
Sharon Levine
Beware of Bankruptcy Clawback Suits
Credit Today, January 2014
Sharon Levine, Wojciech Jung, Keara Waldron
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Press Mentions

Sharon L. Levine is quoted in the Wall Street Journal and in Law360 for raising objections to the bidding procedures of Crumbs Bake Shop, the 49-store cupcake chain, which filed for Chapter 11 bankruptcy protection July 11. Levine represents the Official Committee of Unsecured Creditors., Wall Street Journal; Law360 , July 24, 2014
Sharon L. Levine participated in a documentary on corporate bankruptcy for the International Association of Machinists and Aerospace Workers (IAM). The 15-minute video advises union representatives on issues surrounding their members at companies facing corporate bankruptcy. Pensions 101: Surviving Bankruptcy premiered at the AFL-CIO Secretary-Treasurers’ Annual Conference in Washington, D.C., May 14, 2014
Sharon L. Levine is featured in a WXYZ story regarding the treatment of retirees under the currently proposed plan of adjustment in city of Detroit’s Chapter 11 bankruptcy filing. In representing the American Federation of State, County and Municipal Employees (AFSCME) Levine stated that the votes in favor of the plan to make cuts to the pensions at 4.5% with no COLA were merely “taking a leap of faith,” as there is no guarantee if the state money does not materialize., WXYZ , April 17, 2014
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Events

September 4-6, 2014
2014 Annual ABI Southwest Bankruptcy Conference

September 11, 2014
Turnaround Management Association’s MidAmerica Regional Conference 2014


Related Areas

Bankruptcy, Financial Reorganization & Creditors’ Rights

Education


Case Western Reserve University School of Law (J.D., 1983) , Associate Editor, Case Western Reserve University Law Review
Franklin & Marshall College (B.A., 1980)

Bar Admissions


New Jersey

Court Admissions


2014, U.S. Supreme Court
1983, U.S. District Court, District of New Jersey
1988, U.S. Court of Appeals, Third Circuit

Affiliations


  • Litigation Counsel of America, Fellow
  • Turnaround Management Association of (NJTMA)
    • Board of Trustees
    • Women's Committee
  • American Bankruptcy Institute (ABI)
    • Past Co-Chair, Trade Committee
  • American Bankruptcy Institute's Commission to Study the Reform of Chapter 11
    • Co-Chair Labor and Benefits Issues Advisory Committee
  • State Theatre Regional Art Center at New Brunswick
    • Board of Trustees
  • Women's Campaign International
    • Advisory Board
  • New Jersey State Bar Association
    • Debtor/Creditor Section
  • American Bar Association
    • Business Law Section
  • Essex County Bar Association
    • Debtor/Creditor Section
  • Federal Bar Association
    • New Jersey Chapter