GARDEN CITY, NY; August 31, 2017 —Leslie A. Berkoff, a partner of the firm, and Krista L. Kulp, an associate of the firm, have authored a chapter in the third edition of Reorganizing Failing Businesses, a widely lauded publication by the American Bar Association (ABA).

In Chapter 4 of this reference book, titled Utilizing Structured Financing Techniques, Ms. Berkoff and Ms. Kulp offer a number of valuable insights on asset securitization and special purpose vehicles.  They highlight several key areas, including: facilitating a true sale of assets to a special purpose vehicle, protecting the relationship between the originator and the special purpose vehicle to prevent substantive consolidation in bankruptcy, and protecting the special purpose vehicle from voluntary and involuntary bankruptcy.

Reorganizing Failing Businesses is a valuable resource representing the culmination of more than two decades of work by dozens of experts in bankruptcy, insolvency, and many other areas of law that impact the restructuring of a troubled business. Revised and expanded, this two-volume, desk reference presents the totality of the restructuring process as it is practiced today, with detailed explanations of the laws, customs, and techniques that are central to restructurings.

Leslie A. Berkoff is a partner with the firm where she serves as Co-Chair of the firm’s Litigation and Bankruptcy Practice Group, as well as Advisory Co-Chair of the firm’s Diversity & Inclusion Committee. Ms. Berkoff concentrates her practice in the area of bankruptcy and restructuring litigation and corporate workouts, and she represents a variety of corporate debtors, trustees, creditors and creditor committees both nationally and locally. Her practice also includes an emphasis on equipment leasing and healthcare law. Ms. Berkoff is also an experienced litigator and handles corporate transactions both locally and nationally.  In addition to her practice, Ms. Berkoff frequently serves as a mediator, and is on the Mediation Panels for the Eastern, Southern and Northern Districts of the United States Bankruptcy Courts in New York and the United States Bankruptcy Courts in Delaware and the Eastern District of Pennsylvania, as well as the Commercial Mediation Panel for Nassau County.  Ms. Berkoff has also served as a court appointed examiner and guardian ad litem in several bankruptcy cases. She is also currently the Chair of the ADR Sub-Committee of Chapter 11 Lawyers and Judges Advisory Committee for the United States Bankruptcy Court, Eastern District of New York.  Recently, Ms. Berkoff was appointed to serve as the Business Law Section Liaison to the Dispute Resolution Section Advisory Council of the American Bar Association.  Ms. Berkoff earned her J.D. from Hofstra University School of Law.

Krista L. Kulp, an associate of the firm, concentrates her practice in the areas of commercial litigation and bankruptcy. In addition, Ms. Kulp also serves as Editor-in-Chief of the Business Bankruptcy Committee’s e-Newsletter for the American Bar Association. She earned her J.D. from Brooklyn Law School, cum laude.

Moritt Hock & Hamroff LLP, with offices on Long Island and Manhattan, provides a wide range of legal services to businesses, corporations and individuals worldwide.

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