Corbi

WORK HISTORY

EDUCATION

ABOUT CORBI

Richard J. Corbi has been practicing in the areas of distressed investing, corporate transactions, restructuring, litigation, and bankruptcy advice for over twelve years. His work at top tier firms such as Proskauer Rose LLP and Lowenstein Sandler LLP and clerkships in the District Court for the Southern District of New York and the Bankruptcy Court for the Eastern District of New York, has given him the depth and breadth of experience to tailor his work to the business goals of each client.Richard regularly represents distressed companies, official creditors’ committees, and ad hoc creditor groups in a variety of insolvency scenarios across industries such as printing, sports & entertainment, food and beverage, retail, chemical, healthcare, telecommunications, shipping, oil & gas, and the auto industry.Richard works with hedge funds, private equity firms and lenders to structure and negotiate financing in chapter 11 debtor-in-possession loans, right offerings, sales and acquisitions of companies, and purchases sales of investments, relying on his ability to develop solutions that achieve both the business and financial goals of his clients.Richard’s prior experience in the Title proceedings of the Commonwealth of Puerto Rico enables him to provide insight to clients facing municipal and sovereign debt situations.Significant representations include: The company in the Chapter 11 cases of Philadelphia Newspapers, LLC in which the lenders were denied the right to “credit bid.”The company in the chapter 11 cases of TLC Vision (USA) Corp.The company in the chapter 11 cases of G.I. Joe’s Holding Corp.The company in the chapter 11 cases of Gas City Ltd.The company in the chapter 11 cases of Tropicana Entertainment, LLCThe company in the chapter 11 cases of Whitehall Jewelers, Inc.The company in the chapter 11 cases of Summit Global Logistics, Inc.Ares Management LLC as rights offering plan sponsor in the chapter 11 cases of Lyondell ChemicalCapital Ventures International as rights offering plan sponsor in the chapter 11 case of K-V Discovery Solutions, Inc.Major League Baseball in the chapter 11 case of the Los Angeles DodgersThe Official Committee of Unsecured Creditors of Interstate Bakeries Corp.(the first Twinkies bankruptcy)The Official Committee of Unsecured Creditors of Borders Group, Inc.Richard is licensed in New York.