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Edward E. Neiger

Edward E. Neiger is a managing Partner at ASK LLP. Prior to ASK LLP, Edward was the founding partner of Neiger LLP, a premier full service bankruptcy and corporate law firm. Prior to Neiger LLP Edward was an attorney in the Business, Finance & Restructuring department of Weil, Gotshal & Manges LLP, one of the nation's premier restructuring practices.

At Weil Gotshal, Edward worked on behalf of such debtors as Enron, Worldcom, Global Crossing, Atkins, Parmalat and Vertis.

At Neiger LLP, Edward represented clients in the bankruptcy cases of Lehman Brothers, American Airlines and General Motors, to name a few. Edward recently represented Madison 92 Associates LLC, an $82 million New York City Marriot-flagged hotel in its successful restructuring. He successfully resolved disputes with numerous adverse parties, including its secured creditors and unions. Edward also represents a wide variety of corporate creditors in large bankruptcies, including Chinese conglomerate Heining Mengnu Group Co., Ltd. (Mengnu), the largest unsecured creditor of Jennifer Convertibles, Inc. (JC). Mengnu served as the DIP Lender and Plan Sponsor and ultimately acquired JC through a plan of reorganization, obtaining over 90% of JC's common stock. He also represented Royal Spirit Ltd., a Hong Kong company and the largest creditor of The Connaught Group, a leading manufacturer and retailer of women's designer clothing with over $100 million in annual revenue that filed for bankruptcy. He used Royal Spirit's leverage as the largest unsecured creditor to acquire The Connaught Group's assets through a joint venture with U.S.-based Tom James Company, a leading manufacturer and retailer of Men's apparel.

Edward represented the creditors' committees in the bankruptcy cases of jewelry manufacturer First Class Imports, Inc., We Recycle!, a large recycling company with locations in Connecticut and New York, the international jewelry designer Doris Panos Ltd., TexStyle LLC, a large textile manufacturer, Atrinsic, a direct to consumer marketer built around the Kazaa brand, Marco Polo Capital Markets LLC, a trading clearinghouse, and HMX Acquisition Corp., owner of Sun Fashions labels as Hickey Freedman and Bobby Jones. He also represented a group of shareholders in the bankruptcy case of Visteon, Inc. – a $2 billion dollar automotive supplier. He appealed Visteon's plan of reorganization, arguing that the shareholders were being treated unfairly under the plan. As a result of Edward's creative and persuasive legal arguments, Visteon settled with the shareholder group for $2,250,000. Edward also represented the chapter 7 trustee in the bankruptcy case of Kevin C. Davis, where he recovered over $400,000 for the trustee, and wiped out over $10 million in secured debt. He also represented the trustee in the bankruptcy of The National Sports Museum, where he helped the trustee recover over half-million dollars through preference actions and "director & officer" lawsuits.

Most recently, Edward successfully represented NYC Mayor elect – Bill De Blasio in his fight to the closure plan of Interfaith Hospital, which was in bankruptcy in the Eastern District of New York. To view the most recent press conference with Bill De Blasio, click here.

Edward also regularly lectures on Bankruptcy law and preference actions. To view his CLE course on Bankruptcy law, click here. To view his CLE on preference actions, click here.

Edward is committed to giving back to the community. In law school, he assisted victims of domestic violence and was awarded the Archibald R. Murray Public Service Award in recognition of his efforts. He has been actively involved in various organizations that provide legal services to those in need on a pro bono basis, including defending low income tenants in eviction proceedings and helping Holocaust survivors recover monetary damages from the German government. Currently, the firm works with the Bankruptcy Assistance Project in helping low-income individuals file chapter 7 bankruptcy petitions, and was presented with awards recognizing its work in 2009 by Judge Bernstein (SDNY) and Chief Judge Craig (EDNY), and in 2010 by Chief Judge Gonzalez (SDNY) and Judge Stong (EDNY).

Edward authors numerous articles, which are published in national publications including, among others, the American Bankruptcy Institute Journal, the Turnaround Management Association's Journal of Corporate Renewal, and the Bankruptcy Strategist. He also writes the Bankruptcy Update column for the New York Law Journal.

Education:

Edward graduated from Touro College summa cum laude, where he served as the president of the Pre- Law Society and editor-in-chief of the Pre-Law Journal. He was awarded the Touro College Service and Leadership Award at graduation. At Fordham Law School, he served on the Law Review and received the Archibald R. Murray Award for Public Service.

Affiliations:

Edward is admitted to practice law before the Supreme Court of the United States, the Southern District of New York, the Eastern District of New York, and in the State of New York.  Edward is a member of the board of the New York Institute of Credit, and is the vice chair of the executive committee of the Future Leaders division of the New York Institute of Credit.

Practice areas:

Bankruptcy, Creditors' Rights and Litigation.

Publications:

Avoidance Action Report.  The Avoidance Action Report is a quarterly report on the latest case law relating to avoidance actions.  The Avoidance Action Report is published by ASK LLP with the aim of educating practitioners on recent legal developments concerning preference and fraudulent transfer actions. To view past issues of the Avoidance Action Report click here

New York Law Journal: Bankruptcy Update. Edward authors a quarterly column entitled Bankruptcy Update for the New York Law Journal. The column summarizes recent legal developments in important bankruptcy cases. To view past issues of the column, click here.

Edward Neiger, Alex Govze, Protecting Your Interests When a Debtor Is Heading Into Bankruptcy (Credit Research Foundation Journal, August 2015).

Edward Neiger, Kara Casteel, Are Attorneys’ Fees Incurred in Defending Preference Action Recoverable Against the Estate? One Court Says “Yes” (American Bankruptcy Institute - Ethics and Professional Compensation Committee Journal (May 2015).

Edward Neiger, Brigette McGrath, Honorable Timothy A. Barnes (U.S.B.J. N.D. Ill.), Second Circuit Prioritizes Plain Language of the Bankruptcy Code Over Comity Principals  (American Bankruptcy Institute - International Committee Journal (April 2015). 

Edward Neiger, Dina Gielchinsky, When Reality Television Gets Real: Housewives in Bankruptcy (New York Law Journal, December 24, 2014).

Joseph Steinfeld, Brigette McGrath, Preferences and Credit Card Transactions: A Catch-22 for Creditors, or a Fair Recovery for the Debtor’s Estate? (American Bankruptcy Institute – Unsecured Trade Creditors Committee Journal (November 2014)

Reorganizing Failing Businesses – A Comprehensive Review and Analysis of Financial Restructuring and Business Reorganization, published by the Business Law Section of the American Bar Association and Weil, Gotshal & Manges LLP (2006) (Associate Editor).

Like a Rolling Stone:  SDNY Tackles its First Individual Chapter 15. American Bankruptcy Institute Journal (January, 2014)

Adding Defendants to Preference Complaints after Expiration of the Limitations Period: A Guide to Amendment and Relation Back after Krupski v. Costa Crociere. Norton Journal of Bankruptcy Law & Practice, Vol. 23, No. 1 (2014)

Made in the U.S., Acquired by Asia: How Asian Companies Use the Code to Collect Assets. American Bankruptcy Institute Journal (October, 2012)

Judge Rakoff Deals Blow to Madoff Trustee. New York Law Journal (October 28, 2011).

Converting Trade Debt to a Controlling Stake; The Pragmatic Path to Jennifer Convertibles’ Unique Reorganization.  American bankruptcy institute Journal (July/August 2011).

Hurdles Are High for Claimants Seeking ‘Equal Treatment’:  Courts Are Loathe to Unravel Confirmation Plans.” TMA Journal of Corporate Renewal (June 2011).

Chemtura:  “Make Whole” and “No Call” Provisions. The Bankruptcy Strategist, Vol. 28, no. 7 (May 2011).

Bankruptcy Reform: A Necessary Component of Economic Recovery (www.icahnreport.com, March 16, 2009).

Bonus Time? Executives of Companies in Chapter 11 Still Rewarded, Turnarounds & Workouts (Interview dated January 2008).

Bankruptcy Courts Continue to Approve Performance-Based Bonuses for Executives of Companies in Chapter 11, Pratt’s Journal of Bankruptcy Law, Volume 3:4 (November 2007).

Amendments to a Pension Plan May Be Avoidable Fraudulent Transfers Under the Bankruptcy Code, Pratt’s Journal of Bankruptcy Law, Vol. 2:5 (December 2006).

Media:

Youtube.com: Bill de Blasio and Ed Neiger ASK LLP Press Conference (December 10, 2013)

Brooklyn Daily Eagle: Interfaith Medical Center Shutdown Postponed (December 3, 2013)

Press of Atlantic City: Revel's Time in Chapter 11 Bankruptcy Should be Quick and Clean, Analysts Say (March 3, 2013)

Reuters: Kodak Sells Online Business to Shutterfly (March 2, 2012).

Rochester Business Journal: Bankruptcy Filing Puts Legal Battles in Flux (January 27, 2012)

Associated Press/Yahoo News: Experts See Tough Road for Kodak to Reinvent Self (January 20, 2012)

Reuters: Kodak Bankruptcy Dims Once Bright Hollywood Star (January 20, 2012).

IBN Live: Kodak Bankruptcy Dims Once Bright Hollywood Star (January 20, 2012)

Tampa Bay Times: Kodak Faces Tough Choices in Bankruptcy, Experts Say (January 20, 2012)

Dow Jones: Work Remains As Madoff Liquidation Hits Three-Year Mark (January 4, 2012)

Boston Globe: US Alleges Fraud in Friendly’s Case (December 31, 2011).

TheStreet.com: Bankruptcy Is Blockbuster’s Only Hope (March 17, 2010).

CNBC.com:  Bankruptcy or Foreclosure? Some Boomers Face Agonizing Choice (February 18, 2010).

TheStreet.com: Market Missing Point on Blockbuster? (January 29, 2010)

AOL.com: As Business Bankruptcies Rise, Is California in Crisis?  (January 25, 2010).

PBS: Nightly Business Report, November 3, 2009. Opining as a bankruptcy expert on the CIT restructuring.

Hedge Fund Law Report, Vol. 2 No. 37 (Sep. 17, 2009). Motion of the Law Debenture Trust Company May Lead to Additional Recovery for Hedge Funds that Hold Various Categories of Unsecured Tribune Company Debt, by Jennifer Banzaca. http://www.hflawreport.com (subscription required).

American Bar Association Journal. Out of a Job, But Not Off the Hook.By G.M. Filisko (June 2009).

PBS: Nightly Business Report, May 26, 2009. Opining as a bankruptcy expert on the General Motors situation.

CNNMoney.com: GM’s Tough Road to Avoid Bankruptcy (May, 26 2009).

Guardian.co.uk: Fiat Improves Bid as GM Faces Crunch Week (May 24, 2009).

Wall Street Journal: Bankruptcy Beat Blog. LeMond, Yellowstone Club Square Off (May 13, 2009).

FoxBusiness.com: Secrets of Surviving Bankruptcy. By Eliza Sherman (January 20, 2009).

CNNMoney.com: Americans Back Auto Bailout – For Now (interview dated December 22, 2008).

CNNMoney.com: Tribune Co. Files for Bankruptcy: Chicago-based Media Conglomerate Says it Will Stay in Business Throughout its Debt Restructuring. By David Goldman (interview dated December 8, 2008).

Contact Information:

Phone: 212.267.7342
Email: eneiger@askllp.com

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News & Events

  • August 2015

    Edward Neiger and Alex Govze publish article entitled Protecting Your Interests When a Debtor Is Heading Into Bankruptcy in the Credit Research Foundation Journal. The articles explores several options creditors of soon-to-be bankrupt debtors can protect themselves in the event of a bankruptcy.

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