Fred Ringel focuses his practice on business finance and restructuring, litigation and dispute resolution, and real estate transactions and management. Fred serves as Co-Chair of the Business Restructuring & Insolvency Practice Group.
Fred has over 30 years of experience representing debtors, trustees, secured creditors, creditor’s committees, landlords, acquirers of assets, plan proponents, and virtually all constituencies in complex chapter 11 cases throughout the United States.
Recently, Fred has represented:
- A commercial real estate company in confirming a plan of reorganization in 11 days on $160 million contract, saving his client more than $6.5 million in transfer taxes.
- A payment processing and financial services company in confirming a plan of reorganization in 20 days on a $46 million property acquisition and Debtor’s sale of equity interests to third party, saving his client $2.4 million in transfer taxes, and netting the client $9.6 million.
- A real estate developer of a $200 million Tribeca hotel project in its chapter 11 case.
- A financial holding company, the debtor in a hotly contested two-year litigation and trial, regarding an alleged forgery of a $6 million dollar note and mortgage being foreclosed by the Debtor’s estate.
- A commercial property owner in the sale of its property in Brooklyn, confirming a plan of reorganization and closing the sale in 35 days.
- A real estate company in confirming its contested chapter 11 plan over the objection of several constituencies, including an active tenants’ group that opposed the sale called for under the Plan.
- Landlords in large national retail chapter 11 cases over the last three decades, having been actively involved in nearly every major retail case from Caldor to Kmart to Sears, and many similar retailers in between.
- Creditor committees, obtaining substantial recoveries for creditors in the successful reorganization of Daytop Village, Best Metropolitan Towel & Linen, and others.
- Clients on acquiring distressed businesses and properties from chapter 11 debtors and has successfully defended numerous adversary proceedings seeking to recover preferences and fraudulent conveyances.