Adam C. Harris

Adam C. Harris

Partner, Business Reorganization Group
Schulte Roth & Zabel
(Moderator)

Adam is chair of Schulte Roth & Zabel’s Business Reorganization Group and a member of the firm’s Executive Committee. He practices in the areas of corporate restructurings, workouts and creditors’ rights litigation, with a particular focus on representing investment funds and financial institutions in distressed situations. Adam represents a variety of clients in connection with distressed acquisitions by third-party investors or existing creditors through “credit bid” or similar strategies, as well as in court-supervised and out-of-court restructurings. In addition to representing creditors and acquirers in distressed situations, he has represented Chapter 11 debtors, as well as portfolio companies, in out-of-court exchange offers, debt repurchases and other capital restructurings. His recent representations include advising Cerberus Capital Management LP in connection with the Chapter 11 bankruptcy of RadioShack Corp., Mount Kellett Master Fund II in the Chapter 11 case of The Great Atlantic and Pacific Tea Company (as both lender and equity holder), and a group of private equity funds in the Allied Systems Holdings bankruptcy, in their capacity as first lien lenders, in a successful challenge to the efforts of a private equity sponsor that tried to acquire a controlling interest in the first lien debt.

Numerous ranking publications, including The Best Lawyers in America, Chambers Global, Chambers USA, The K&A Restructuring Register and The Legal 500 United States, have recognized Adam as a leader in his field. He has co-authored publications addressing cramdown plans, redemption option value, priming DIPs, out-of-court restructurings and proposals to reform Chapter 11. He also contributed to Distressed Investing M&A (SRZ in association with Mergermarket and Debtwire), and he co-authored “Health Care Business Restructuring for Secured Lenders,” an SRZ guide republished by Bloomberg BNA – Bankruptcy Law Reporter. Adam also co-authors the “Out-of-Court Restructurings, the Bankruptcy Context, and Creditors’ Committees” chapter in PLI’s Insider Trading Law and Compliance Answer Book. He presents frequently on topics of concern to the private funds community, including, most recently, interlender arrangements, structuring credit funds, distressed investing in the health care sector, fraudulent conveyance laws and distressed private equity investments. Adam received his J.D., magna cum laude, from Georgetown University Law Center and his B.A. from Emory University.