Michael Price

Partner

Contact
F +1 212.822.5577

New York

55 Hudson Yards

New York, NY US 10001-2163

T +1 212.530.5577

F +1 212.822.5577

Michael Price is a partner in the New York office of Milbank and a member of the firm’s Financial Restructuring Group.

Primary Focus & Experience

Mr. Price’s practice includes representation of companies, creditors, and other stakeholders in a wide variety of in and out-of-court restructuring transactions. He has experience representing debtors, ad hoc committees, official committees of unsecured creditors, financial institutions, and other parties in interest in chapter 11 restructurings, as well as creditors and other financial institutions in cross-border and multi-jurisdictional restructuring transactions. Mr. Price has experience across a multitude of industries, including retail and hospitality, healthcare, oil and gas, grocery and food services, chemicals, shipping, energy, financial services, aviation, and technology and manufacturing.

His representations include the following, among others:

  • Constellation Oil Services Holding S.A. (ad hoc unsecured noteholders)
  • Lightstone Generation (ad hoc first lien lenders)
  • Guitar Center, Inc. (chapter 11 debtor)
  • Frontier Communications Corp. (ad hoc unsecured noteholders)
  • AMC Entertainment Holdings, Inc. (ad hoc unsecured noteholders)
  • Gemstone Solutions Group, Inc. f/k/a Gymboree Group, Inc. (chapter 11 debtor)
  • Jones Energy, Inc. (ad hoc first lien holders)
  • Waypoint Leasing Holdings Ltd. (steering committee of first lien and DIP lenders)
  • Mossi & Ghisolfi USA Corporation (official committee of unsecured creditors)
  • Global A&T Electronics (ad hoc first lien holders)
  • Gymboree Corporation (first lien agent)
  • Linn Energy, LLC (ad hoc unsecured noteholders)
  • Chaparral Energy, Inc. (ad hoc unsecured noteholders)
  • PT Berlian Laju Tanker / Chembulk Tankers (ad hoc secured lenders)
  • American Seafoods Group (ad hoc unsecured noteholders)
  • Genco Shipping & Trading Limited (agent for secured lenders)
  • Eastman Kodak Company (official committee of unsecured creditors)
  • Atlantic & Pacific Tea Company, Inc. (official committee of unsecured creditors)

Recognition & Accomplishments

Mr. Price is the co-author of the Lexis Practice Advisor guide on out-of-court restructurings and a co-author of a chapter on second lien loans in The Handbook of Loan Syndications & Trading. Mr. Price was selected by Turnarounds & Workouts as an “Outstanding Young Restructuring Lawyer” in 2021.

Mr. Price received his BA with distinctive honors from the University of Wisconsin-Madison and attended The George Washington University Law School, where he graduated cum laude and was a Thurgood Marshall Scholar. He also served as a member of the George Washington International Law Review and represented the George Washington Moot Court Board in national competition.

Mr. Price is the co-author of the Lexis Practice Advisor guide on out-of-court restructurings.

Additional Details
Education
  • George Washington University Law School, J.D., 2010
  • University of Wisconsin, B.A., 2007
Admissions
  • New York
  • US District Court for the Eastern District of New York
  • US District Court for the Southern District of New York