Andrew N. Goldman is a partner in the firm's Corporate and Transactional Department, and is a vice chair of the Bankruptcy and Financial Restructuring Practice Group. He joined the firm in 2001. Mr. Goldman is a restructuring lawyer who is equally comfortable handling bankruptcy-related litigation and corporate issues. Having practiced in the field for more than eighteen years, Mr. Goldman is a seasoned bankruptcy litigator and counselor whose practical insights and analytical abilities enable him to fashion strategy and form consensus in the most complicated of restructuring environments.
Practice
Mr. Goldman's practice is broad ranging, and includes representation of large public company debtors, creditors' committees, DIP lenders, acquirers and individual institutional creditors, in both out-of-court workouts and formal restructuring processes (both domestic and of the cross-border type).
Recent Highlights
Mr. Goldman's recent experiences include:
- Representing the creditors' committee of Getty Petroleum Marketing
- Representing the second lien lender steering committee of Bicent Power
- Representing Angelo, Gordon & Co. in Tribune Company chapter 11 case
- Representing Bainbridge ZKS in connection with its section 363 acquisition of PCAA Parent Corp.
- Representing PricewaterhouseCoopers LLP in connection with its section 363 acquisition of the commercial business of BearingPoint Inc.
- Representing Sinclair Broadcast Group, Inc. in connection with its 2009 tender offer for various tranches of convertible notes
- Representing Constar International in connection with its prearranged Chapter 11 bankruptcy filing
- Representing the creditors' committee of Frontier Airlines
- Representing Technical Olympic S.A. in connection with Technical Olympic USA (TOUSA) chapter 11 case
- Representing Hell Gravure Systems in connection with Quebecor's chapter 11 case
- Representing Iridium Operating LLC and affiliates in their Chapter 11 cases
- Representing David Stockman, former CEO, in connection with Collins & Aikman's chapter 11 case
- Representing Basic Element, Inc., in connection with Delphi Automotive's chapter 11 case
- Representing Primus Telecommunications in various debt transactions and related litigation
- Representing Kmart/Sears Holdings in connection with Kmart's post-confirmation wind-down work, as well as in connection with various governmental investigations and corporate/securities advice and counseling
- Representing Deutsche Lufthansa AG and various subsidiaries thereof (including LSG Sky Chefs and Lufthansa Technik) in various Chapter 11 cases, including United Airlines, Northwest Airlines and Gemini Air Cargo
- Representing GoldenTree Asset Management in connection with the Argentine restructuring of Supercanal S.A.
- Representing Radnor Holdings Corporation as special litigation counsel in its Chapter 11 case
- Representing Credit Suisse (USA) Inc. and various affiliates in connection with the Chapter 7 liquidation of American Business Financial Services, Inc.
- Representing Broadwing Communications in several telecom cases, including Metromedia Fiber, Teleglobe, Touch America and Allegiance Telecommunications
- Representing the creditors' committee of Alliance Entertainment in its Chapter 11 case
- Representing the creditors' committee of Discovery Zone in its Chapter 11 case
- Representing the creditors' committee of CCR Holdings in its Chapter 11 case
- Representing the creditors' committee of Glasstech Holdings in its Chapter 11 case
- Representing Chanin Capital in several Chapter 11 cases, including Adelphia Communications, Atlantic Express, Collins & Aikman, Grove Worldwide, Safety Kleen, Sunbeam, Borden Chemicals, and UPC Polska
- Representing Saybrook Capital Advisors in connection with the Chapter 11 cases of Galvex Holdings, Ltd. and its subsidiaries
- Representing the Chapter 7 trustee of Auto-Tech Holdings in its bankruptcy case
- Representing the Alamo/National Rental Car (ANC) creditors' committee. The nation's third largest rental car company, ANC Rental filed for Chapter 11 in November 2001, suffering from operational problems and a downturn in the domestic travel industry, with over $1 billion in debt.
- Representing PSINet in its Chapter 11 case. A large ISP and web-hosting company with approximately $4 billion in debt, PSINet filed for Chapter 11 in late May 2001. Then, in the subsequent twelve months, PSINet sold virtually all of its assets, resolved several contentious litigations and confirmed a liquidating plan of reorganization that provides meaningful recovery to unsecured creditors. Mr. Goldman continues to represent the PSINet Liquidating Trust in its post-confirmation wind-down process.
Honors and Awards
Mr. Goldman was named in the April 2005 issue of Turnarounds & Workouts as an "outstanding young restructuring lawyer - 2005." He was also named one of Euromoney's Leading Insolvency and Restructuring Lawyers for 2007 and 2009, one of New York Super Lawyers' Top Bankruptcy & Creditor/Debtor Rights Lawyers for 2006, 2007, 2008, 2009, 2010 and 2011, and among Continental's "Who's Who" of Lawyers and the Global Directory of Who's Who 2009/2010 edition. In the 2010 US News/Best Lawyers rankings, Mr. Goldman's client David Amy with Sinclair Broadcast Group stated that "the depth of knowledge and responsiveness of lawyers at WilmerHale was superb. In hindsight, they were the best choice and I would not have wanted anyone else playing such a crucial role for the company."
Most recently, Mr. Goldman received a 2011 Top Attorneys In The New York Metro Area award, was named one of Legal Times' Top 3% Attorneys in the United States for 2009 and named one of the world's leading lawyers in the 9th and 10th editions of the Guide to the World's Leading Insolvency and Restructuring Lawyers. In addition, the 2011-2012 US News/Best Lawyers cited a client of Mr. Goldman's as saying he "is the most responsive outside counsel you will ever work with, hands down. Andy Goldman learned our business and was able to foresee issues and craft strategies. We were never a cookie-cutter deal to him.”
Professional Activities
Mr. Goldman was selected for the 2010 and 2011 Editorial Advisory Board for Bankruptcy Law360. He is a member of the Brooklyn Law School Zaretsky Roundtable, and guest lectures the advanced Business Reorganizations' class at Brooklyn Law School as well.
Speaking Engagements
Mr. Goldman is an avid speaker at conferences and other industry events. Some of his recent speaking/lecturing engagements include:
- Wharton Private Equity Partners 2008: "Special Situation and Distressed Investing Symposium: Managing Change Through Activism" (Moderator)
- February 2008 Directors' Roundtable Symposium: "Opportunities & Challenges in the Capital Markets: The Credit Crunch, Dealmaking & Hedge Funds"
- Brooklyn Law School 2007 Zaretsky Roundtable Symposium speaker: "Hedge Funds and Second Lien Lending"
- The Wharton School 2006 Distressed Investing Conference: "Distressed Investing in the Next Cycle" (Moderator)
- New York State Bar Association Spring 2004 "Basics of Bankruptcy Practice" conference
- 2003 AIRA Annual Conference: "The Effects of Fraud on Restructurings"
- 2003 NYS Bar Association Workshop on Judicial Cooperation Between US and Europe
- 2003 PLI Emerging Issues in Workouts and Bankruptcies
- 2002 PLI Securities Law Panel
- 2002 PLI Panel on Valuing Intellectual Property in Bankruptcy.
