Lowenstein Sandler announces that Daniel B. Besikof has joined the firm as partner in its Bankruptcy & Restructuring Department. He will be based in the firm's New York office.
Besikof represents secured and unsecured creditors, creditors' committees, debtors, indenture trustees, landlords, equity holders, distressed investors, and other stakeholders in complex Chapter 11 bankruptcy proceedings, corporate restructurings, and liquidations. He also represents clients in high-stakes bankruptcy avoidance litigation, including fraudulent transfer and preference litigation; and provides counsel on the structuring, negotiation, and documentation of secured and unsecured financing transactions.
Jeffrey Cohen, partner and Chair of Lowenstein's Bankruptcy & Restructuring Department, says, "Dan's diverse practice across such industries as crypto, health care, retail, media, technology, and real estate fits well with our firm's primary areas of focus. Dan has an astute ability to understand business goals and needs, identify potential problems and risks, and employ the most effective solutions, and we know he will bring great value to both our department and to Lowenstein's clients across all practice areas."
"The reputation of Lowenstein's bankruptcy department—as well as its entrepreneurial culture—are well known," says Besikof. "Lowenstein's dynamic platform enables me to provide my clients with experienced, multidisciplinary counsel on the full range of issues affecting distressed situations and bankruptcy. I'm very excited to join this talented group."
Before joining Lowenstein, Besikof was partner and deputy chair of the bankruptcy and restructuring practice of an international law firm. He is active in such industry associations as the Turnaround Management Association and the American Bankruptcy Institute, and frequently presents on restructuring topics. Besikof is a thought leader on crypto bankruptcies and is sought out for his perspective by such media outlets as CNN, CNBC, Reuters, Bloomberg, MarketWatch, Blockworks, and CoinDesk.
Lowenstein's Bankruptcy & Restructuring Department ranked first for the most engagements by Unsecured Creditors' Committees in 2023 by Debtwire's Restructuring Advisory Mandates Report. The Department also ranked second for lead counsel for all retail mandates, as well as in the top ten for lead counsel across all mandates.