Cahill Gordon & Reindel LLP
80 Pine Street
New York, NY 10005-1702
Richard A. Stieglitz Jr. is a member of Cahill Gordon & Reindel LLP's Bankruptcy & Restructuring and Bankruptcy Litigation practice areas.
Rich advises debtors, lenders, creditors, potential investors and purchasers, equity sponsors, senior management and directors in commercial Chapter 11 cases and other restructuring and refinancing matters, including out-of-court workouts. In Chapter 11 proceedings, Rich has represented debtors in a variety of industries, including SP Newsprint Co., CB Holding Corp. (d/b/a Charlie Brown's Steakhouse, Bugaboo Creek Steak House, and The Office Beer Bar & Grill), Trico Marine Services, Orleans Homebuilders, Aurora Oil & Gas Corporation, Inc., Galey & Lord, Inc., Sure Fit, Inc., Complete Retreats, LLC (d/b/a Tanner & Haley Resorts), Anvil Knitwear, Inc., Guardian Entertainment, Ltd., and Pro Rhythm, Inc. Rich also represented the administrative and collateral agent and post-petition letter of credit supplier in the Caesars Entertainment Operations Company bankruptcy case in the Northern District of Illinois and the second lien agent and second lien lenders in the Oreck Vacuum bankruptcy cases in Nashville, Tennessee, and he frequently represents exit and 363 sale lenders in large Chapter 11 cases, such as in Cengage Publishing and Residential Capital.
Rich has extensive experience handling distressed situations, including drafting, negotiating, and/or prosecuting plans of reorganization and related disclosure statements, DIP financing and similar arrangements, and purchase and sale agreements. He also routinely represents parties in defense of alleged preferential transfers and fraudulent conveyances.
Rich has been named an "Outstanding Young Restructuring Lawyer" in 2011 and 2013 by Turnaround & Workouts and has been recognized by Chambers USA. He speaks on current bankruptcy trends and served as a panelist at the 2012 ABA Business Law Section Spring Meeting in the discussion Deal Trends, Current Terms, and Recent Developments in 363 Sales. Rich has also written extensively on bankruptcy subjects, including articles published by the American Bankruptcy Institute Journal and others and was featured in The New York Law Journal article Finding ‘a Berth at the Inn' for his pro bono achievements.
Rich is a member of the American Bankruptcy Institute and the Turnaround Management Association and was chosen to serve on the inaugural Next Generation Committee for the National Conference of Bankruptcy Judges in 2011. Rich has also served on the Executive Leadership Committee for the New York City Light the Night Walk for The Leukemia and Lymphoma Society and is a member of the Nominations Committee of the Alumni Counsel of Hamilton College.