Lowenstein’s Bankruptcy & Restructuring Dept. continues to grow with addition of new partners 

Lowenstein Sandler on Wednesday said David Posner and Gianfranco Finizio joined the firm as partners in its Bankruptcy & Restructuring Department. The duo both join Lowenstein from Kilpatrick Townsend.

Posner focuses his practice on bankruptcy and insolvency matters, representing companies, official committees of unsecured creditors, acquirers, financial institutions and other significant parties-in-interest in complex reorganizations and financially distressed situations, as well as debtor/creditor rights issues and commercial litigation. He will serve as a department vice chair.

Finizio represents official committees of unsecured creditors, indenture trustees, bank agents and other major secured and unsecured creditors in all facets of insolvency proceedings; he has extensive experience with representing parties in Chapter 11 cases in the pharmaceutical, health care and retail industries, to name a few.

Jeffrey Cohen, partner and chair of Lowenstein’s Bankruptcy & Restructuring Department, said: “We are thrilled that the reputation of our firm’s bankruptcy team is attracting lawyers of the caliber of David and Franco. Their previous work on behalf of unsecured creditors’ committees in highly complex Chapter 11 matters — often with hundreds of millions of dollars at stake — as well as their experience representing indenture trustees, demonstrates their excellence in the sophisticated transactional work and high stakes negotiations that our clients expect.”

“On a personal level,” Cohen adds, “I have known David for more than 20 years and have enormous respect for his character, grit, determination, dedication and dogged commitment to delivering results for his clients. Adding David and Franco is the perfect marriage for our group.”

Both Posner and Finizio will be based in the firm’s New York office.