VETERAN BANKRUPTCY AND RESTRUCTURING LITIGATOR JARED CLARK JOINS PHILLIPS NIZER IN NEW YORK

Clark handled high-profile matters in the Detroit bankruptcy; second lateral partner from Bingham McCutchen to join Phillips Nizer.

New York, NY – Phillips Nizer LLP welcomes Jared R. Clark, a veteran financial services litigator, as a partner in the firm’s Bankruptcy & Restructuring and Litigation Practices.  Mr. Clark was previously a partner at Bingham McCutchen LLP.

Mr. Clark is the most recent lateral partner to join the firm and the second from Bingham McCutchen in the last year.  Phillips Nizer had earlier added Mark Elliott, also a seasoned financial services and restructuring litigator from Bingham.

Mr. Clark represents clients in cases involving creditors’ rights, director and officer liability, and complex contractual disputes.  Throughout his career, Mr. Clark has handled a number of high-profile and complex matters, notably and most recently, over two years of negotiation, mediation and litigation in connection with the City of Detroit’s landmark bankruptcy filing.  His work involved significant analysis of Detroit’s secured and unsecured debt issuances, service contracts, financial guaranty insurance policies, and derivatives programs.  The team litigated and then successfully settled multiple claims related to a complex set of municipal finance transactions involving over $1.4 billion.

“Jared’s addition to our restructuring and litigation practices is a major coup,” said Marc Landis, Phillips Nizer’s managing partner.  “Ten months ago, we added Mark Elliott, also a veteran financial restructuring litigator from Bingham, and we had every intention of boosting the practices even further.  Jared’s close working relationship with Mark for years made this a perfect fit for him and our firm.”

Mr. Clark earned his J.D. from Tulane Law School (’95) and a Bachelor of Arts degree in Economics and Philosophy from Columbia College.  He is admitted to practice in New York, the U.S. District Courts of the Southern and Eastern Districts of New York, the District of Columbia, and the Second and Ninth Circuit Courts.