Nicole Stefanelli Counsel

New Jersey
T 973.597.2320 | F 973.597.2321



Clients seek Nicole for a thoughtful analysis of their rights as debtors and for strategic solutions in complex insolvency cases. As a strong advocate both in and out of the courtroom, Nicole counsels clients in connection with the sale and acquisition of distressed assets and other transactional matters. She also represents creditors’ committees and other parties of interest in bankruptcy cases throughout the country.

Nicole’s role as lead counsel for New York City Opera’s reorganization garnered widespread attention in 2015. She was recognized as a New Leader of the Bar by the New Jersey Law Journal in 2016. As a frequent author on timely legal topics, Nicole contributes to legal treatises and other business publications, and speaks at national conferences on distressed debt and new developments in bankruptcy law. She currently serves as the Co-Chair for the New Jersey Network of the International Women’s Insolvency and Restructuring Confederation, and has been a member of IWIRC-NJ’s board since 2012. Nicole is a leader in the firm’s pro bono efforts, having represented more than a dozen individuals who filed for Chapter 7 bankruptcy protection.

Prior to joining Lowenstein Sandler, Nicole served as the law clerk to the Honorable Kevin Gross, U.S. Bankruptcy Court for the District of Delaware.

Representative Engagements

Debtors: Kid Brands, Inc.; Wire Company Holdings, Inc.; New York City Opera, Inc.; ConnectEdu, Inc.; Coach Am Group Holdings Corp (Coach America); Admiral Wine and Liquor Co.; Central Crossing Business Park Building II, LLC; Atlantic Gastroenterology Associates, P.A.; and U.S. Mortgage Corp.
Official Committees: Frank W. Kerr Company; Gulf Chemical & Metallurgical Corporation; Horsehead Holding Corp.; Nirvana, Inc.; Liberty Medical Supply, Inc.; Oreck Corporation; Coastal Electric Construction Corp.; Harry & David Holdings, Inc.; Graceway Pharmaceuticals, Inc.; and MagnaChip Semiconductor
Other Matters: Represent securities action lead plaintiffs in connection with SS Body Armor I, Inc. chapter 11 case; represented replacement lender and purchaser in Monroe Center LLC chapter 11 case; represented Transport Workers Union, AFL-CIO in connection with American Airlines chapter 11 case

Other Distinctions

  • Super Lawyers (2013–2016) – Recognized as a "Rising Star."

  • The M&A Advisor (2016) – Named an Emerging Leader by The M&A Advisor in the legal advisor category.

  • M&A Advisor Turnaround Awards (2013) – The restructuring and sale of Coach America was recognized as “Restructuring Deal of the Year ($100 million to $500 million)” and “Industrial Goods and Basic Resources sector Deal of the Year.”

Publications

Strategic Alternatives For And Against Distressed Businesses
Strategic Alternatives For And Against Distressed Businesses, January 2016
Nicole Stefanelli
Avoiding Mechanic’s Liens in Bankruptcy
American Bankruptcy Trustee Journal (Vol. 31, Issue 1), Spring 2015
Nicole Stefanelli
Strategic Alternatives For And Against Distressed Businesses
Strategic Alternatives For And Against Distressed Businesses, January 2015
Nicole Stefanelli
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Press Mentions

Nicole Stefanelli is mentioned in The Deal regarding New York City Opera Inc.’s confirmed reorganization plan. The nonprofit opera company resumes productions January 20, 2016. Stefanelli served as debtor counsel since October, 2013. , The Deal , January 13, 2016
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. , The Deal , July 14, 2015
Nicole Stefanelli is quoted in The Wall Street Journal and Daily Bankruptcy Review regarding the bidding battle to revive New York City Opera in bankruptcy court. , Wall Street Journal, Daily Bankruptcy Review , January 23, 2015
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Related Areas

Bankruptcy, Financial Reorganization & Creditors’ Rights

Education


Rutgers Law School ( J.D. , 2007 ) , Rutgers Law Review, Managing Editor; Conrad B. Duberstein National Memorial Moot Court Competition, Outstanding Brief Award (2007)
New York University, College of Arts and Science ( B.A. , 2002 ) , Journalism

Bar Admissions


New York
New Jersey

Court Admissions


2008 , U.S. District Court, District of New Jersey
2009 , U.S. District Court, Southern District of New York
2009 , U.S. District Court, Eastern District of New York