Polsinelli welcomes David L. Barrack to the firm as shareholder focusing on complex bankruptcy restructuring and litigation for clients, and Jeremy R. Johnson joins as shareholder advising clients on restructuring and distressed debt matters. Both Barrack and Johnson will serve clients nationally from the New York office of Polsinelli, which has a solid reputation, and history of success in business loan workouts, Chapter 11 reorganization, and out-of-court restructurings. Together, they bring to clients more than 40 years of combined experience and sophisticated business and legal skills.
Barrack brings a wealth of experience in distressed debt, corporate restructuring, workouts, bankruptcy and insolvency, asset recovery, and many more. He regularly serves as lead transactional and litigation counsel, and counsels clients with respect to fiduciary duties, director and officer liability and fraudulent conveyance issues. He represents debtors, creditors and equity committees, investors, bondholders, secured and unsecured creditors as well as purchasers and sellers of assets in bankruptcy cases. He has represented clients in various industries including: health care, energy, finance, environmental management, real estate, shipping, manufacturing, retail, bio, and high tech.
"After meeting with Polsinelli senior management I was very impressed, liked the culture and wanted to be a part of the firm," said Barrack, from the firm’s New York office. "Polsinelli’s broad reach and business approach align with my practice and I look forward to collaborating with fellow attorneys who are like-minded and strive for the best possible solution for clients."
Barrack is a Fellow of the American Bar Foundation and a member of the American Bankruptcy Institute. He earned his law degree, magna cum laude, from the Western New England School of Law and his B.A. in Economics and Political Science from the State University of New York at New Platz. He is committed to pro bono work as a member of the New York Bankruptcy Pro Bono Panel.
Johnson provides clients with business-oriented legal guidance addressing their financial restructuring and insolvency issues. His financial restructuring practice focuses on representing distressed companies requiring corporate or debt restructuring, debtors in Chapter 11 bankruptcy cases (reorganizations and liquidations), strategic and financial acquirers of distressed assets through section 363 asset sales or plans, and individual creditors or committees in bankruptcy proceedings. He has experience across several types of industries but is especially focused on distressed healthcare.
"My practice aligns well with Polsinelli’s business model," said Johnson. "I’m very excited to be here and look forward to working with my colleagues here in New York and nationally."
Johnson earned his law degree from the Boston University School of Law, where he was the editor of the American Journal of Law & Medicine, and his B.A. from the University of Iowa. He is also a member of the turnaround Management Association, American Bankruptcy Institute, and New York Institute of Credit.
Both attorneys join Polsinelli at an exciting time. For six years, The American Lawyer Magazine ranked Polsinelli as the fastest-growing law firm in America. New York has been part of that growth. Newly expanded and relocated in 2013, Polsinelli attorneys in New York work in financial services, real estate finance, and other commercial real estate, bankruptcy, and intellectual property litigation, offering the experience and insight clients need to keep pace with ever-changing markets.