Keith R. Murphy

Partner

New York
T +1.212.589.4686
F +1.212.589.4201

Overview

Keith Murphy handles a wide range of bankruptcy and other high-stakes matters, including financial fraud investigations, litigation and recoveries, director and officer defense and litigation, chapter 11 restructurings, cross-border insolvencies and creditor representations. He is a trusted advisor to clients, with substantial experience representing court-appointed trustees and receivers in investment frauds, as well as clients in the financial, securities, healthcare, e-commerce, manufacturing and retail sectors during his 25-year career.

Having successfully litigated and mediated many cases, Keith provides clients with rational and creative solutions to complex issues, with an accomplished track record of recovering hundreds of millions of dollars for clients in a cost-effective manner. His weekly contributions to the firm’s Blockchain blog addressing cryptocurrency, non-fungible tokens (NFTs) and regulation issues add to his considerable experience.

Keith has been a speaker on panels relating to bankruptcy topics, including at the American Bankruptcy Institute’s Annual New York City Bankruptcy Conference, is a former adjunct professor at St. John’s University School of Law, is co-Chair of the firm’s Mentor/Mentee Committee in the New York office, and has provided pro bono guidance to struggling New York companies throughout the Covid-19 pandemic. Following law school, Keith served as Law Clerk to the Honorable Stephen D. Gerling, Chief Judge of the U.S. Bankruptcy Court for the Northern District of New York. During law school, Keith was an Articles and Notes Editor for the American Bankruptcy Institute Law Review.

Select Experience

  • In re Bernard L. Madoff Investment Securities LLC: Representing Irving H. Picard, Trustee for the Securities Investor Protection Act (SIPA) liquidation of Bernard L. Madoff Investment Securities LLC.
  • SEC v. Stefan Qin, et al.: Representing Robert Musiala, Securities and Exchange Commission (SEC) Receiver appointed in cryptocurrency investment fraud case.
  • In re Mallinckrodt, Plc: Represented hedge fund / investment advisor in chapter 11 matter.
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Experience

  • In re Bernard L. Madoff Investment Securities LLC: Representing Irving H. Picard, Trustee for the Securities Investor Protection Act (SIPA) liquidation of Bernard L. Madoff Investment Securities LLC.
  • SEC v. Stefan Qin, et al.: Representing Robert Musiala, Securities and Exchange Commission (SEC) Receiver appointed in cryptocurrency investment fraud case.
  • In re Mallinckrodt, Plc: Represented hedge fund / investment advisor in chapter 11 matter.
  • In re New England Motor Freight, Inc., et al.: Represented multiple Trinity Health Services LLC hospitals in fraudulent transfer actions.
  • In re PG&E Company, et al.: Represented the Official Committee for Tort Claimants in connection with chapter 11 case.
  • In re Grandparents.com, Inc., et al.: Defended multiple former directors and officers against breach of fiduciary duty and other claims.
  • Wesley Holdings, Ltd. v. 3si Systems LLC: Represented creditor and asset purchaser in a fraud receivership case.
  • U.S. Small Business Administration v. Feinsod, et al.: Defended former director against breach of fiduciary duty and other claims.
  • CFTC v. Diego Mariano Rolando, et al.: Represented Commodity Futures Trading Commission Receiver in international investment fraud case.
  • SEC v. Northshore Asset Management, LLC, et al.: Represented SEC Receiver appointed in financial investment fraud case.
  • SEC v. Yehuda Shiv, et al.: Represented SEC Receiver appointed in financial investment fraud case.
  • In re Magnatrax Corp.: Represented debtor in chapter 11 steel buildings manufacturer restructuring.
  • In re Integrated Health Services, Inc., et al.: Represented debtors in chapter 11 healthcare restructuring.
  • In re Merry-Go-Round Enterprises, Inc.: Represented creditor in avoidance action.
  • In re Caldor, Inc., et al.: Represented debtors in retail chapter 11 case.

Recognitions and Memberships

Recognitions

  • New York Metro "Super Lawyer" (2013 to 2022)

Memberships

  • American Bankruptcy Institute
  • American Bar Association
  • New York State Bar Association
  • St. John's University School of Law Alumni Association

News

News

Blog Posts

Pro Bono

  • New York Covid-19 Small Business Clinic Assistance Project: Provided guidance and advice to New York small business owners in connection with financial challenges resulting from the Covid-19 pandemic.
  • Successfully represented a school child with behavioral issues in a case seeking funding for specialized school tuition.

Prior Positions

  • Kaye Scholer LLP: Bankruptcy Department
  • Winick & Rich, P.C.: Bankruptcy Department
  • Clerk for the Honorable Stephen D. Gerling, Chief Judge for the United States Bankruptcy Court, Northern District of New York

Admissions

  • U.S. Court of Appeals, Second Circuit
  • U.S. District Court, Southern District of New York
  • U.S. District Court, Eastern District of New York
  • U.S. District Court, Northern District of New York
  • U.S. District Court, District of New Jersey
  • New York
  • New Jersey
  • Connecticut

Education

  • J.D., St. John’s University School of Law, 1996; Articles and Notes Editor, American Bankruptcy Institute Law Review
  • B.A., State University of New York at Albany, 1991

Blog

In The Blogs

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Blockchain Monitor
ETH Staking Data Published; Blockchain Solutions Launch; NY AG Proposes Crypto Legislation; UK Targets Crypto ATMs; Crypto Hack Schemes Reported
By Christina O. Gotsis, Amos Kim, Christopher W. Lamb, Keith R. Murphy, Robert A. Musiala Jr.
May 15, 2023
In this issue: • ETH Staking Data Published, Blockchain Solutions Launch for Financial Services• New York Attorney General Proposes New Legislation for Crypto Industry• UK Authorities Target Illegal Crypto ATMs• Reports Detail Crypto...
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Blockchain Monitor
New Crypto Payment and Web3 Products Launch; UK Seeks Input on DeFi Taxation; OFAC Fines Crypto Exchange; SEC, DOJ, CFTC Continue Enforcement
By Lauren Bass, Keith R. Murphy, Robert A. Musiala Jr.
May 8, 2023
In this issue: • Multiple Financial Services Firms Announce New Crypto Products• Mutual Fund Integrates with Polygon, US Exchanges Launch Offshore Platforms• Web3 Initiatives Launch for NFT Ticketing, Protocol Infrastructure• UK Seeks...
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Blockchain Monitor
CBDC Pilot Announced; Ethereum Upgrade Completed; U.S. Treasury Department Addresses DeFi Risks; Studies Analyze Crypto Taxation, Crime; Hacks Continue
By Lauren Bass, Christopher W. Lamb, Keith R. Murphy, Robert A. Musiala Jr., Joanna F. Wasick
April 17, 2023
In this issue: • Montenegro Announces CBDC Pilot, BIS Compares CBDCs to Stablecoins• Ethereum Network Completes ‘Shanghai’ Upgrade• U.S. Treasury Publishes DeFi Risk Assessment; Banque De France Analyzes DeFi• Study Analyzes 2022 Crypto...
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Blockchain Monitor
U.S. Exchange Closes, Swiss Bank Expands Crypto Offerings; NFA Issues Digital Asset Commodities Rule; Crypto Enforcement Continues; Market Data Published
By Christopher W. Lamb, Keith R. Murphy, Robert A. Musiala Jr., Joanna F. Wasick
April 10, 2023
In this issue:• Crypto Exchange Ends U.S. Operations, Swiss Bank to Expand Crypto Offerings• National Futures Association Rule Addresses Digital Asset Commodity Activities• DOJ, Courts and State Securities Regulators Cripple Cryptocurrency...
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Blockchain Monitor
New Initiatives Launch in Staking, DeFi, DAOs; IRS Issues NFT Guidance; White House Report Criticizes Crypto; SEC and DOJ Crypto Enforcement Continues
By Lauren Bass, Christopher W. Lamb, Nicholas C. Mowbray, Keith R. Murphy, Robert A. Musiala Jr., Joanna F. Wasick
March 27, 2023
In this issue: • Staking Market Launches, ‘Defi Cover’ Data Published, DAO Buys Golf Course• IRS Issues Guidance on Non-Fungible Tokens• Economic Report of the President Criticizes Digital Assets• SEC Charges Crypto Entrepreneur and...
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