Fred S. Hodara leads the firm’s financial restructuring practice.
Practice & Background

Mr. Hodara represents committees, hedge funds, insurance companies, bank lenders and other financial institutions in major financial restructuring and bankruptcy situations.

Mr. Hodara’s committee representations often involve diverse creditor constituencies, including the current representation of the Official Committee of Unsecured Creditors of Overseas Shipholding Group (trade, bank, bond and quasi-governmental committee members) and the recently concluded representation of the Official Committee of Unsecured Creditors of Washington Mutual Inc., whose senior noteholder, senior subordinated noteholder and general unsecured trade constituencies are in the process of receiving payment in full in cash of their nearly $8 billion of claims, including the payment of all accrued post-petition interest at contract rates.

Mr. Hodara has led significant cross-border insolvency matters, including his current representation of the Official Committee of Unsecured Creditors of Nortel Networks, Inc. (Canada/U.K./U.S.) and of the Joint Official Liquidators of two Bear Stearns-managed subprime hedge funds (Cayman Islands/U.S.). Mr. Hodara served on the editorial board of INSOL World, the quarterly journal of INSOL International.

Mr. Hodara was recently elected to the Board of Trustees of the American College of Investment Counsel and is a former director of the Turnaround Management Association-New York Chapter.
Representative Matters

Mr. Hodara’s recent representations include:

Foxwoods Resort Casino Special Revenue Obligations Noteholder Group
Overseas Shipholding Group Official Committee of Unsecured Creditors
Nortel Networks Official Committee of Unsecured Creditors
Washington Mutual Official Committee of Unsecured Creditors
Philadelphia Inquirer Secured Lender Group
Merrill Corporation First Lien Term Lender Group
CPI Power Noteholder Group.

Awards & Accolades

Mr. Hodara has been frequently recognized as one of the country’s leading financial restructuring attorneys. Such recognition includes:

Chambers USA: America’s Leading Lawyers for Business, 2005-2014
The Best Lawyers in America
K&A Restructuring Register: America’s Top 100 Restructuring Professionals
International Who’s Who of Business Lawyers
The Who’s Who Legal: Insolvency & Restructuring 2014
New York Metro Super Lawyers, 2006-2014
Being named one of Turnarounds & Workouts’ “Outstanding Restructuring Lawyers”, 2007 and 2008.

Speaking Engagements

Participated on a panel titled “Jurisdictional Challenges” at the American Bankruptcy Institute’s Delaware Bankruptcy Views From The Bench Conference, Wilmington, Delaware November 21, 2011
Co-chair of American College of Investment Counsel’s 2011 Annual Meeting and Education Conference
Moderated a panel titled “Bankruptcy Part II: What’s New” at the American College of Investment Counsel’s 2010 Annual Spring Investment Forum.