profile image

Martin Bienenstock

Proskauer Rose LLP

Martin J. Bienenstock is chair of the Firm’s Business Solutions, Governance, Restructuring & Bankruptcy Group. Martin provides clients with multidisciplinary solutions that draw on his combined experience in restructuring, corporate governance, reorganization, litigation, Dodd-Frank and Sarbanes-Oxley.

Martin’s restructuring practice focuses on restructuring troubled situations including Puerto Rico to benefit all their stakeholders including their people, investors and creditors. Martin’s governance practice is targeted at keeping healthy companies healthy and growing, and saving distressed companies, while protecting directors and officers with cutting edge best practices.

Martin is repeatedly retained to solve momentous problems. Currently, Martin leads the Firm’s representation of the Financial Oversight and Management Board for Puerto Rico, charged with restoring fiscal responsibility and market access to the Commonwealth by developing fiscal reforms and restructuring its $74 billion of bond debt and $50 billion of unfunded pension obligations.

Martin also leads the Firm’s representations of the Westinghouse creditors’ committee and the Caesars Entertainment creditors’ committee for unsecured claimholders. In the Caesars cases, the creditors Martin represents were offered four cents at the outset and are settling for approximately 65 cents.

General Motors retained him to formulate the section 363 strategy that he presented to the U.S. Auto Task Force, which deployed it to save General Motors and Chrysler. He represented Enron in its chapter 11 case that has now paid multiple creditors in full.

Recently, Martin developed the Colombian-U.S.-Canadian reorganization plan for Pacific Exploration, supported by its bank creditors and bond creditors. Martin routinely provides legal and strategic advice to directors, businesses, investors and creditors, advising on complex restructurings, acquisitions, trials and appeals.

He handled the Owens Corning appeal, reversing substantive consolidation to increase the value of his bank clients’ claims against Owens Corning from $600 million to more than $2.2 billion.

He charted the takeover of troubled Finova for a joint venture between Berkshire Hathaway and Leucadia National Corp., and achieved the successful reorganizations of companies such as Enron and Republic Engineered Products over multiple objections.

Martin developed successful reorganizations for Capmark and AMBAC. He also prepared the initial draft of what became Ireland’s reorganization statute. For the last 10 years, the National Law Journal listed Martin as one of the “100 Most Influential Lawyers in America.”

He has been listed at the top of his field by other leading legal publications and organizations, including Turnarounds & Workouts, The International Who’s Who of Business Lawyers, Chambers, and Euromoney Legal Media Group’s “The Best of the Best.”

Martin also teaches corporate reorganization at Harvard Law School and University of Michigan Law School.

Education :

  • University of Michigan Law School, J.D., 1977
  • The Wharton School of the University of Pennsylvania, B.S., 1974

Admissions & Qualifications : New York

Court Admissions :

  • U.S. Supreme Court
  • U.S. District Court, New York, Eastern District
  • U.S. District Court, New York, Southern District
  • U.S. District Court, Alabama, Southern District
  • U.S. District Court, Texas, Southern District

Memberships :

  • American College of Bankruptcy Lawyers
  • American College of Commercial Finance Lawyers

Cost

Rate : $$$

What types of cases Attorney Martin Bienenstock & Proskauer Rose LLP can handle?
Proskauer Rose LLP can handle cases related to laws concerning Corporate, Business, Bankruptcy. We manually verify each attorney’s practice areas before approving their profiles and reviews on our website.
Where is Proskauer Rose LLP located?
Proskauer Rose LLP is located at 11 Times Square, New York, NY 10036, USA. You can reach out to Proskauer Rose LLP using their phone line 212.969.4530. You can also check their website proskauer.com or email them at mbienenstock@proskauer.com.
How much would it cost to hire Proskauer Rose LLP?
Martin Bienenstock lawyer charges are specific to each case. However, they work with contingency fees and its ranges from $$ to $$$. They also provide free consultation [and no obligation quotes] if you are interested to hire.
Are Martin Bienenstock reviews trust-able?
We have the ratings and reviews moderation team who checks and verifies every review submitted on our website manually. You can trust all the reviews you see on Martin Bienenstock lawyer profile listing.

Rate and write a review

Your email address will not be published. Required fields are marked *

Is this your profile?Claim it now.

Make sure your information is up to date.
Proskauer Rose LLP
11 Times Square, New York, NY 10036, USA
Get directions
diamond elite badge
profile image

Robert L. McKenna III

4.8
Huntington Beach, California, US
Advertisement
diamond elite badge
profile image

Tyler Nicoll

0.0
Naples, Florida, US
Advertisement
diamond elite badge
profile image

Lina Stillman

4.9
New York, New York, US
Advertisement
diamond elite badge
profile image

David Centeno

4.5
New York, New York, US
Advertisement