Timothy T. Brock is a partner of Satterlee Stephens LLP and leads the firm’s Bankruptcy & Creditors’ Rights Practice Group.
Mr. Brock’s practice is concentrated on corporate restructuring, bankruptcy and insolvency law, and its geographic scope is both national and international. He is experienced in successfully representing virtually all positions in the capital structure of insolvent enterprises and in providing broad support to the firm’s transactional practices. Mr. Brock’s wide variety of clients has included: lenders such as hedge funds, insurance companies, commercial banks and other institutional players; statutory committees of creditors and equity security holders; debtors-in-possession; insolvency investors such as high-yield mutual funds; foreign office-holders (in cross-border cases, mostly as recognized foreign representatives under Chapter 15 of the Bankruptcy Code); indenture trustees; bankruptcy trustees; a credit-rating agency; and acquirers of distressed businesses and assets.
Mr. Brock’s experience includes engagement in numerous notable and complex restructuring matters, including ones affecting companies in real estate development, equipment-leasing, retail, transportation, energy, entertainment, professional services, professional sports, publishing, resort management, travel, financial services, and manufacturing. Mr. Brock has been engaged on numerous cross-border and international insolvency matters involving the United States and foreign jurisdictions including England, Canada, Argentina, Bermuda, Germany, Cayman, Dominican Republic, Panama, Uruguay, Barbados, Paraguay, Bahamas, and Japan. Additionally, from 1996 until 2002, Mr. Brock was appointed to oversee the liquidation of certain assets of the then-largest hedge fund ever subject to Chapter 11 bankruptcy proceedings—the Granite Funds—in the capacity of an independent member of the post-confirmation Litigation Advisory Board.
Mr. Brock is a frequent participant in complex mediations, and has been appointed to the Registry of Mediators for the Southern District of New York . By order of the United States Bankruptcy Court for the Southern District of New York, he has been selected as a mediator in the Lehman bankruptcy cases and has been assigned to handle dozens of those disputes. His mediation training includes the acclaimed Joint ABI & St. John’s University Law School 40-Hour Mediation Training Program.
Mr. Brock is an active member of INSOL and the American Bankruptcy Institute, and he plays an active role in the American Bar Association, where he is a member of the Committee on Business Bankruptcy and the Section of International Law. He is admitted to practice before all the federal and state courts in New York, and routinely has been granted temporary admission to appear in the federal bankruptcy courts of numerous other states including Delaware, New Jersey, Pennsylvania, Florida, Massachusetts, California, Texas, Missouri, Georgia, Ohio, Arizona, Oklahoma, and Wisconsin.
Publications and Honors:
Mr. Brock’s most recent publications are focused on cross-border insolvency issues, and include: Canada’s “Northern Lights” Could Dispel Shadow of Bear Stearns over Chapter 15 Practice”; XXX No.9 ABI Journal 34 (2011)” . “How the Assault on Offshore Havens in Bear Stearns Undermines New Chapter 15: Part I and Part II,” XXVI No. 10 ABI Journal 34 (2007) and XXVII No. 1 ABI Journal 24 (2008), respectively, and is the co-author of “Fairfield Sentry Ltd. and the New Dawn for Cross-Border Recognition in Manhattan,” No. 6 ABI Committee News: International Committee Newsletter (Nov. 2010). Notably, he has authored an outline for the Practicing Law Institute entitled “Pre-Packaged Plans of Reorganization,” and has been a contributor to the New York Law Journal Annual Survey of Bankruptcy Law. He is a frequent speaker on topics related to insolvency, most recently as a guest lecturer at the Levin Graduate Institute of International Relations and Commerce (a joint NYC program of the SUNY Buffalo School of Management and Law School) as well as at Columbia University’s Graduate School of Business/Executive MBA Program. Prior to becoming a partner at the firm, Mr. Brock was a partner and international practice group leader in the New York office of Mudge Rose Guthrie Alexander & Ferdon, LLP. Mr. Brock has been designated as a “Super Lawyer” in New York, and has been bestowed a AV® Preeminent™ Rated by Martindale-Hubbell ® each year for the past fourteen years.