Alan J. Kornfeld

Practice Details

• Firm Information
  Position

  Attorney

  Firm Name

  Pachulski Stang Ziehl & Jones LLP
• Representative Cases & Transactions
  Cases

  Representations: Lead trial counsel for a major body-armor manufacturer, the debtor in a chapter 11 case filed in 2010, whose chapter 11 plan ultimately was confirmed in 2015 after years of litigation, with payment in full to unsecured creditors in 2019. H
  led a wide variety of litigation matters in bankruptcy court, federal district court,
  state court, including litigation with a class of securities fraud plaintiffs
  litigation with the former officers of the debtor,
  successfully argued related appeals in the Second Circuit
  the Third Circuit. Negotiated complex settlements with the class action plaintiffs
  the U.S. Government, which resulted in the receipt of over $90 million in proceeds by the chapter 11 estate.
  Lead trial counsel for the chapter 11 trustees of a California real estate investor
  his privately owned company. H
  led a variety of litigation matters, including litigation against the investor
  his family members. Obtained an $8 million judgment against certain defendants after trial in federal district court, successfully litigated against other defendants through expert discovery
  dispositive motions in federal district court, negotiated a $15 million settlement on the eve of a jury trial,
  obtained a $274 million judgment against the real estate investor in a nondischargeability action.
  Lead trial counsel for the creditors' committee in the chapter 11 case of a California-based media company. Conducted an in-depth investigation of claims against former officers
  other parties, obtained st
  ing for the committee to prosecute the claims, successfully negotiated settlements totaling in excess of $8 million with certain defendants,
  successfully prosecuted the claims against the remaining defendants through extensive discovery
  multiple dispositive motions.
  Lead litigation counsel for the creditors' committee in a major retail bankruptcy. Developed strategies for resolving plan-related disputes with the private equity owner of the debtor
  the debtor's prepetition lenders,
  conducted a full-scale investigation into potential claims against the PE owner
  lenders, resulting in plan concessions highly favorable to the debtor's unsecured creditors.
  Lead trial counsel for the debtor
  postconfirmation litigation trust in the chapter 11 case of a premier automotive component manufacturer. H
  led various litigation matters against the former owners of the debtor as well as numerous adversary proceedings against the recipients of fraudulent transfers from the debtor. Commenced arbitration proceedings on behalf of a related entity, obtained a multi-million dollar award on cross-motions for summary judgment,
  successfully negotiated a settlement with the defendant in excess of the amount of the arbitration award.
  Lead trial counsel in Mortgage Lenders Network USA v. Wells Fargo Bank (Bankr. D. Del. 2009). Obtained a trial verdict in excess of $2 million.
  Lead trial counsel for the creditors' committees in DJK Residential (plan confirmation), L
  Source Communities Development (DIP financing), Neff Corporation (plan confirmation),
  Freedom Communications I (financing, professional retention, plan disputes).