Michael Venditto is a member of the Reed Smith’s Commercial Restructuring and Bankruptcy practice, representing foreign and domestic clients in business restructurings, workouts, insolvencies and bankruptcy proceedings. He also has substantial experience in complex commercial litigation, including bankruptcy-related litigation involving issues such as fraudulent transfers, preferences and equitable subordination.
Most commonly, Michael represents creditors, including indenture trustees, in protecting their rights in both bankruptcy cases and out-of-court restructurings. Working with foreign and domestic clients, he has experience in a variety of industries, including financial services, energy, shipping, telecommunications, real estate, hospitality, retailing, manufacturing, food processing and entertainment.
Michael also works with funds and investors in acquiring assets from bankruptcy estates, reorganizing portfolio holdings and funding bankruptcy cases. This includes the reorganization, restructuring and liquidation of funds through bankruptcy, equity receiverships and extra-judicial insolvencies.
Michael’s practice includes complex bankruptcy litigation. Many of these cases involve non-bankruptcy issues in the areas of commercial, corporate and securities law but more frequently they involve a combination of bankruptcy-related issues such as preferences, fraudulent transfers, turnover, reclamation and setoffs.
Michael taught bankruptcy law as an Adjunct Associate Professor of Law at the Benjamin Cardozo School of Law for ten years and his observations on bankruptcy issues have appeared in the media, including THE NEW YORK TIMES and THE WASHINGTON POST.
During 2020, the U.S. economy, weighed-down by record levels of unemployment and the largest drop in quarterly gross domestic product, experienced the highest volume of bankruptcy activity since the 2008 financial crisis. As the economy tries to shak...