Marc Skapof

Counsel

New York
T 212.847.2864  |  F 212.589.4201
Marc Skapof focuses his practice on insolvency and reorganization matters. His varied experience, paired with his creative problem solving skills, enable Marc to offer insightful counsel to his clients and to address challenging situations appropriately.

Select Experience

  • As part of the BakerHostetler team assisting the SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), working as one of the coordinators of the Trustee's efforts to recover assets from various domestic and international financial institutions and funds.
  • Addressed receiver's standing to bring claw back and other causes of action to recover assets for victims of fraud as one of the receiver's counsel for Michael Kenwood Capital Management LLC, et al.
  • Leading effort to recover assets as counsel to Delaware Chancery Court receiver appointed to enforce default judgments against China and Hong Kong-based companies and individuals.
  • Leading effort to collect funds from bankrupt foreign investment bank on behalf of foreign client. 
  • Counseled Patient Care Ombudsman for Daytop Village Foundation, Inc., in connection with reporting and investigative obligations under Bankruptcy Code.
  • Special counsel to state attorney general's office and worker's compensation bureau in connection with prosecution and settlement of claims asserted against Delphi and its affiliated debtors in chapter 11 bankruptcy case.
  • Counsel to licensor of intellectual property and technology services in connection with treatment of licenses in recent bankruptcy sales in publishing and retail sectors.
  • Counsel to borrowers in structured finance transactions to mitigate bankruptcy risk and provide necessary opinions for securitizations. 
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Experience

  • As part of the BakerHostetler team assisting the SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), working as one of the coordinators of the Trustee's efforts to recover assets from various domestic and international financial institutions and funds.
  • Addressed receiver's standing to bring claw back and other causes of action to recover assets for victims of fraud as one of the receiver's counsel for Michael Kenwood Capital Management LLC, et al.
  • Leading effort to recover assets as counsel to Delaware Chancery Court receiver appointed to enforce default judgments against China and Hong Kong-based companies and individuals.
  • Leading effort to collect funds from bankrupt foreign investment bank on behalf of foreign client. 
  • Counsel to borrowers in structured finance transactions to mitigate bankruptcy risk and provide necessary opinions for securitizations. 
  • Counsel to manufacturer and distributor of e-cigarettes and related products in regulatory matters pending before the Federal Drug Administration.
  • Counseled Patient Care Ombudsman for Daytop Village Foundation, Inc., in connection with reporting and investigative obligations under Bankruptcy Code. 
  • Special counsel to state attorney general's office and worker's compensation bureau in connection with prosecution and settlement of claims asserted against Delphi and its affiliated debtors in chapter 11 bankruptcy case.
  • Counsel to licensor of intellectual property and technology services in connection with treatment of licenses in recent bankruptcy sales in publishing and retail sectors.
  • Acted as debtor's counsel to Boscovs, Inc., one of the largest family-owned retailers in the U.S. Helped shepherd client through successful sale process at the height of the 2008 financial crisis, resulting in preservation of the business and hundreds of jobs. 
  • Helped negotiate terms of asset purchase agreement and sale order as counsel to successful bidder for the purchase of substantially all of the assets of Morton Metals, Inc. Appeared in court on behalf of purchaser. 
  • Helped Euro-American Lodging Corp., Inc., owner of a boutique Manhattan Hotel, formulate consensual plan of reorganization permitting hotel debtor to remain as owner with newly refinanced mortgage.
  • Counseled Independent Directors of Debtor Trump Hotel Casino and Resorts, Inc., on fiduciary duties in connection with partially insider-funded transaction, resulting in debtor's successful reorganization.
  • Acted as counsel to various national banks and finance providers in connection with DIP and exit financings in chapter 11 cases of Atlas Air, Arclin Industries, and Recycled Paper Greetings.
  • Acted as debtor's counsel to Penn Traffic Company. Assisted in divestment of financially troubled stores and provided guidance through operational reorganization. 
  • Counsel to California Public Utilities Commission in chapter 11 case of Pacific Gas & Electric Co. Assisted Commission in assuring that debtor's reorganization complied with California law and regulations. 

Recognitions

  • New York "Super Lawyer" (2014)

Memberships

  • New York "Super Lawyer" (2014)
  • American Bankruptcy Institute 
  • Turnaround Management Association: New York Programming Committee

Services

Admissions

  • U.S. District Court, Southern District of New York
  • U.S. District Court, Eastern District of Wisconsin
  • Illinois
  • New York

Education

  • J.D., Washington University School of Law, 2000; Order of the Coif; Articles Editor, Washington University Law Review
  • M.A., Political Science, University of North Carolina at Chapel Hill, 1992, Fulbright Scholar
  • B.A., Political Science, Carleton College, 1989, magna cum laude, Phi Beta Kappa