Nicole Stefanelli is quoted in The Deal regarding New York City Opera's decision to withdraw its sale motion from the U.S. Bankruptcy Court and reorganize the company through the bankruptcy process, with one of the bidders serving as a plan sponsor. The course of action would allow the opera to retain a bequest of $5.5 million from the estate of an arts enthusiast. Stefanelli represents the opera, which originally sought bankruptcy protection in late 2013.