Scott S. Markowitz co-chairs the Bankruptcy and Corporate Restructuring practice. His practice focuses on debtor and creditors’ rights, bankruptcy and out-of-court workouts.
Scott counsels clients on:
He has a diverse portfolio of clients, including public and private middle-market companies, as well as creditors’ committees. He was lead bankruptcy counsel to the Christian Brothers, a Catholic religious order, which filed a Chapter 11 case before the Honorable Robert D. Drain to deal with an avalanche of sexual abuse litigation filed in numerous states around the country.
Scott represented the Martinique Hotel, a famous landmark hotel in New York City, in a contested Chapter 11 case that resulted in a confirmed plan and payment of 100%, plus interest, to unsecured creditors. He was also retained by the creditors’ committee in the HRH Construction, LLC Chapter 11 case, one of the preeminent general contractors in New York, which built the Empire State Building, as well as by an operator of numerous well-known national franchise restaurants.
Prior to joining Tarter Krinsky & Drogin, Scott was a partner for 10 years at the bankruptcy law firm of Todtman, Nachamie, Spizz & Johns, P.C
On April 22, 2021, Partner and Co-Chair of the Bankruptcy and Restructuring Group, Scott Markowitz was quoted in the Law 360 article, "NY Church Tells 2nd Circ. Bankruptcy Trustee Out Of Bounds."
On November 17, 2020, Bankruptcy and Corporate Restructuring Co-Chair and Partner Scott Markowitz was quoted in The Wall Street Journal article, “Hundreds of Companies That Got Stimulus Aid Have Failed- Recipients of PPP loans have filed for bankruptcy after the money ran out.” The article delves into the wide range of companies that have received PPP loans as a result of the pandemic and subsequently filed for bankruptcy.
Thirty-two lawyers from Tarter Krinsky & Drogin have been named to the 2020 New York Metro Super Lawyers and Rising Stars lists, an increase from 2019. Last year, twenty-three firm lawyers were ranked as Super Lawyers and seven were ranked on the Rising Stars list, and this year, twenty-eight firm lawyers were ranked as Super Lawyers and four were ranked as Rising Stars.
Bankruptcy and Corporate Restructuring Co-Chair Scott Markowitz was quoted in The Real Deal article, “Operator of Martinique Hotel in Manhattan files for bankruptcy.” Scott is representing the Martinique hotel, a famous landmark Manhattan hotel, in its recent Chapter 11 bankruptcy filing in the Southern District of New York due to COVID-19.
Bankruptcy & Corporate Restructuring Co-chair Scott Markowitz was featured in the Law360 article, “Judge To Wait On Claim Talks Result For Purdue Class Call.” The article discusses the New York bankruptcy judge agreeing to postpone the request by five classes of opioid victims, to file class proofs of claims in Purdue Pharma's Chapter 11 case, until after plan mediation is concluded.
Bankruptcy & Corporate Restructuring Co-chair Scott Markowitz, and Bankruptcy Partners Rocco Cavaliere and Michael Brownstein were featured in the Law360 Article, "Purdue Asks Court To Say No To New Classes In Ch. 11 Case." The article discusses the recent update to the case wherein attorneys for the children inflicted with neonatal abstinence syndrome (“NAS”) and other class claimants have requested that the bankruptcy court allow them to file class proofs of claim. Purdue Pharma filed for bankruptcy last September after the accumulation of thousands of lawsuits alleging it helped fuel the opioid crisis by playing down its painkillers' addiction risks, which Purdue has denied.
Scott Markowitz, Partner and Bankruptcy Group Co-chair was quoted in the Undercurrent News article, “US Wholesaler Baldor Outbids Others to Secure Assets of Bankrupt Pierless Fish.” Scott represents Pierless Fish in a Chapter 11 proceeding pending in the U.S. Bankruptcy Court for the Eastern District of New York.
Scott Markowitz, co-chair of the Bankruptcy and Corporate Restructuring Group, and Rich Schoenstein, host and Litigation partner, talk Bankruptcy Basics and Recent Developments on the latest episode of Law Brief.
Bankruptcy & Corporate Restructuring co-chair Scott Markowitz was featured in the Reuters and New York Times articles, “OxyContin maker Purdue Pharma to pay states' lawyers, urged to help victims.” The articles discuss the OxyContin maker Purdue Pharma LP recent court approval to reimburse millions of dollars in legal fees for states that back its proposed $10 billion settlement of opioid lawsuits, under the condition to help victims of the addiction crisis.
Tarter Krinsky & Drogin’s Bankruptcy and Corporate Restructuring co-chair Scott Markowitz has been retained as bankruptcy counsel to the Ad Hoc Committee of NAS Babies in the Purdue Pharma Chapter 11 case pending in the United States Bankruptcy Court for the Southern District of New York. Since 2012, more than 300,000 babies have been born in the United States with Neonatal Abstinence Syndrome (NAS), which stems from opioid-dependent mothers. NAS is a group of conditions caused when a baby withdraws from opioids when exposed in the womb before birth, and have numerous developmental issues and have to be weaned off of opioids after birth.
Thirty-two lawyers from Tarter Krinsky & Drogin have been named to the 2019 New York Super Lawyers and Rising Stars lists, a rise in Tarter Krinsky & Drogin attorneys awarded as top lawyers in New York. The annual Super Lawyers list recognizes the top five percent of lawyers in New York for their professional achievements. Lawyers are selected through a process that includes independent research, peer nominations and peer evaluations.
Thirty lawyers from Tarter Krinsky & Drogin have been named to the 2018 New York Super Lawyers and Rising Stars lists as top lawyers in New York. The annual Super Lawyers list recognizes the top five percent of lawyers in New York for their professional achievements. Lawyers are selected through a process that includes independent research, peer nominations
This year, 28 lawyers from Tarter Krinsky & Drogin have been named to the 2017 New York Super Lawyers and Rising Stars lists as top lawyers in the state. The annual Super Lawyers list recognizes the top five percent of lawyers in New York for their professional achievements. Attorneys are selected through a process that includes independent research, peer nominations and peer evaluations.
Four Tarter Krinsky & Drogin attorneys were ranked on the Rising Stars list, which recognizes the top 2.5 percent of lawyers who either are under the age of 40 or have been in practice for 10 years or less.
Bankruptcy co-chair Scott Markowitz was quoted in a New York Times article on a case involving millionaire San Diego developer Roque De La Fuente.
Tarter Krinsky & Drogin has been retained as counsel to the Official Committee of Unsecured Creditors in the Chapter 11 case of Transmar Commodity Group Ltd., pending in the Bankruptcy Court for the Southern District of New York.
New York Metro Super Lawyers has named 21 Tarter Krinsky & Drogin lawyers in 10 practices to its 2016 list.
We represented Verboten in the sale of its leasehold interest and personal property to the former owner/operator of Pacha NYC.
The firm is representing NYC Constructors Inc. and its subsidiary in their respective bankruptcy cases.
The 2015 New York Super Lawyers recognized 22 of Tarter Krinsky & Drogin’s attorneys.
Tarter Krinsky & Drogin is representing Main Street Connect LLC d/b/a Daily Voice an online hyper-local news website which operates approximately 41 local news websites in Westchester County and Fairfield County, CT.
HRH Construction LLC filed a Chapter 11 petition with the United States Bankruptcy Court in the Southern District of New York on September 6, 2009. The Creditors’ Committee selected Tarter Krinsky & Drogin as its counsel to represent it in HRH’s Chapter 11 case.
Scott S. Markowitz has joined Tarter Krinsky & Drogin as a Partner and will lead the firm’s Bankruptcy and Corporate Restructuring Practice.
On April 12, 2021, Scott Markowitz, Partner and Co-Chair of the Bankruptcy and Corporate Restructuring practice will participate in the panel, “Dealing with the Insolvent or Near-Insolvent Hotel Debtor — Debtor and Creditor Perspectives, Actions and Opportunities” for the American Bankruptcy Institute's (ABI)’s Annual Spring Meeting.
Bankruptcy and Corporate Restructuring co-chair Scott Markowitz will speak on a CLE panel at the American Bankruptcy Institute’s 36th Annual Spring Meeting. The event, which will be held on April 11-14 in Washington, DC, features speakers who will include judges, practitioners and seasoned financial professionals who provide attendees with fresh approaches and tactical industry strategies. Scott’s panel, which will be held on April 13, titled “Consumer: Creative Remedies for Dealing With Nondischargeable Student Loans,” will provide CLE credit in the ethics category.
On March 6, lawyers in our Bankruptcy and Corporate Restructuring Group attended the Duberstein Bankruptcy Moot Court Gala Awards Dinner, which celebrates the largest and most prestigious moot court competition in the country.
As we start a new year, we would like to share with you some of our most popular legal alerts from 2020. Our top alerts range from bankruptcy, construction, COVID-19, labor & employment, immigration, trusts & estates, corporate & securities, litigation and intellectual property, reflecting the broad array of our full-service practice. We hope that our alerts have been helpful to you and your colleagues, and demonstrate our commitment to providing important information to you.
On August 23, 2019, the Small Business Reorganization Act of 2019 was signed into law, creating a new Subchapter 5 of the United States Bankruptcy Code. The new law, which went into effect on February 19, 2020, is designed to streamline and expedite the debt restructuring process for small businesses which affirmatively elect to file bankruptcy under Subchapter 5.
Bankruptcy and Corporate Restructuring co-chair Scott Markowitz wrote a New York Law Journal article, “The Bankruptcy Times They Are Changing: Real Estate Developers Beware,” which appeared in the publication’s special report on Corporate Restructuring and Bankruptcy. The article explores some of the significant trends Scott has seen over the last 30 years that he has been representing middle-market debtors in Chapter 11 cases in New York City with respect to what the Bankruptcy Code denominates as “single asset real estate” cases.