Marc L. HamroffPartner
Marc L. Hamroff joined the firm in 1983 and became a name partner in 1989. He currently serves as the firm’s Managing Partner.
Mr. Hamroff Chairs the firm’s Financial Services Practice which includes the Bankruptcy, Equipment Leasing, Secured Lending, Distressed Assets and Creditors’ Rights Groups. He provides special concentration in litigation, workout and bankruptcy matters nationwide. The firm has represented official and unofficial groups and committees of lessors and lenders in complex workouts both in and out of Chapter 11 cases including the representation of the bank group in connection with a failed national vehicle lessor. By example, Mr. Hamroff represented a multi-national asset based lender in the successful equity participation following a structured bid to acquire a biotechnology company in a highly contested Delaware Chapter 11 case and has headed up the restructure, turnaround and bankruptcy exit strategy for various healthcare workouts including DIP lending, cash collateral structures and asset sales of assisted living facilities, nursing homes and regional hospitals.
In his capacity as head of the Financial Services Group, he has spearheaded the representation of secured lenders, banks and lessors in a wide range of transactions. These include the closing of asset based and healthcare lending transactions, the formation of a captive finance companies, together with the creation of the core loan and finance documentation packages, the purchase and sale of loan and lease portfolios including the entire commercial finance portfolio of a wholly owned subsidiary of a public company, and preparation of funding and dealer finance transactions.
In 2009, Mr. Hamroff led the team in confirming the Plan in the Chapter 11 cases of Dial-A-Mattress and 1 800 Mattress.com which provided for the successful sale of the companies’ assets to Sleepys pursuant to Section 363 of the Bankruptcy Code.
In one of the first Chapter 11 cases ever filed in New York by a timeshare resort, Mr. Hamroff successfully represented the mortgage lender in the widely publicized Chapter 11 case of In re Gurneys Inn Resort & Spa, Ltd, 215 B.R. 659 (Bankr. E.D.N.Y. 1997).
Mr. Hamroff works closely with the firm’s Litigation Group and actively handles a wide variety of commercial litigation cases including injunction and attachment proceedings, construction litigation, business divorce/separation cases and restrictive covenant disputes.
Mr. Hamroff regularly provides educational and strategic seminars on a multitude of issues affecting the leasing and secured lending community.
He led a web based seminar for the Equipment Leasing Association, entitled “What Are You Financing?” focusing on bundled financing techniques and financing balance sheet driven collateral. He publishes the firm’s Financial Services Alert Newsletter, and co-authored the article on bundling transactions (January 2009) for the Equipment Leasing and Finance Foundation’s Journal of Equipment Lease Financing.
Mr. Hamroff also serves as an adjunct professor of law at Hofstra University School of Law where he teaches Secured Transactions: UCC Article 9 and related matters.
Education & Admissions
Hofstra University School of Law, J.D. 1983
University of Florida, B.S. 1980 (Economics)
In May 2016, Mr. Hamroff delivered the commencement address to Hofstra Law School and received the degree, Doctor of Laws, honoris causa.
Mr. Hamroff is admitted to practice in New York.
Mr. Hamroff is a member of the New York State Bar Association, the Equipment Leasing & Finance Association and GGI – Worldwide Alliance of Independent Law Firms.
For the term 2016-2018 he was elected to the Board of the Founders Affiliate- American Heart Association – the regional board governing 18 local boards throughout the northeast.
He was a member of the Board of Directors of the American Heart Association-Long Island Division where he served as its Chairman (2014-2016) and Vice-Chair (2012-2014) and, in part as a result of his efforts for American Heart, was appointed for the term (2013-2015) by the NY State Senate to the Tobacco Use Prevention & Control Advisory Board. He is also a past board member of the Long Island Council on Alcoholism & Drug Dependence.
In 2013, he was appointed to the Dean’s Advisory Board and in 2015 to the Business Law Honors Committee of Hofstra Law School.
2016 Leadership Excellence Award for Corporate Citizenship Long Island Business News
2015 ALM Top-Rated LI Lawyer Annual Legal Leaders Guide
2010-Honoree-American Heart Association Development Achievement Award
2009-50 Around 50 Award Long Island Business News
2006-Equipment Leasing & Finance Association (ELFA) Distinguished Service Award