Karen Gartenberg is an associate in the New York office of Milbank, Tweed, Hadley & McCloy and a member of the firm’s Financial Restructuring Group.
Primary Focus & Experience
Ms. Gartenberg’s practice focuses on both the transactional and litigation aspects of bankruptcies, workouts, and financial restructurings. She has represented debtors-in-possession, secured lenders, and other significant parties in chapter 11 cases as well as out-of-court restructurings. Ms. Gartenberg has also advised financial institutions and numerous other creditors in connection with insolvency-related concerns.
Her significant recent representations include Linens ‘n Things, Inc. (counsel to chapter 11 debtor); Mervyn’s (counsel to chapter 11 debtor); Real Mex Restaurants, Inc. (counsel to chapter 11 debtor); LightSquared Inc. (counsel to chapter 11 debtor); Lehman Brothers Holdings Inc. (counsel to official committee of unsecured creditors); Texas Rangers Baseball Partners (counsel to ad hoc group of first lien lenders); Newport Television LLC (counsel to administrative agent for secured lenders); Texas Competitive Electric Holdings Company LLC (TXU) (counsel to administrative agent for secured lenders); and Dynegy Holdings Inc. (counsel to co-administrative agents for secured lenders).
Recognition & Accomplishments
Ms. Gartenberg is a member of the International Women’s Insolvency and Restructuring Confederation and the Association of the Bar of the City of New York and is a former member of the Association of the Bar of the City of New York’s Committee on Bankruptcy and Corporate Reorganization.
She has authored/co-authored several publications including:
- Is It Time to Think About SARE?, Bankruptcy Law360: Litigation, Restructuring & People News, Feb. 5, 2010 (co-author with Andrew D. Gottfried)
- Post-Travelers: Fobian May Be Gone, But Unsecured Creditors Are Still in Limbo, Pratt's Journal of Bankruptcy Law, Vol. 3, No. 2, July/August 2007
Ms. Gartenberg received her J.D. degree, with honors, in 2005 from Emory University School of Law, where she was an articles editor for the Emory Law Journal and a member of the Order of the Coif. She received her B.A. degree, high honors, in 2002 from the University of Chicago, where she was a member of Phi Beta Kappa.