Divack, Joshua

Joshua I. Divack

Partner, Bankruptcy & Restructuring

T 212.478.7340

Office

  • 488 Madison Avenue
    New York, NY 10022
Education
  • Cornell University (A.B., cum laude, 1985)
  • Emory University School of Law (J.D., with distinction, 1988)
Biographical Details

    Josh’s practice focuses on representing financial institutions as secured creditors in Chapter 11 bankruptcy cases, corporate restructurings and workouts, which he has done in bankruptcy courts from coast to coast.  He has particular expertise in cash collateral and DIP financing matters, bankruptcy court sales and UCC Article 9 secured party dispositions.

    Selected representations:

    • The senior lender, in the Wichita, Kansas Chapter 11 case of a service provider to the gas drilling industry.
    • A group of liquidity lenders, in the workout and sale of financial assets of a structured investment vehicle (SIV) during the financial crisis.
    • The stalking horse bidder and bridge DIP lender, in the Austin, Texas Chapter 11 bankruptcy sale of a technology company specializing in password authentication access management.
    • The plan proponent, in the Miami, Florida Chapter 11 case of an air cargo carrier, in which the client converted senior secured claims into 100% equity ownership of the reorganized entity.

    Josh has lectured to clients of the firm and publicly on cash collateral and bankruptcy financing issues.  He is admitted to practice before the United States Supreme Court.  While at law school, Josh was Managing Editor of the Bankruptcy Developments Journal.