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Michael R. Nestor

Partner
p 302.571.6699
f 302.576.3321

Mike's practice emphasizes the restructuring of business organizations ranging in size from large publicly held companies to mid-market closely held companies. Since 2006, clients and colleagues interviewed by Chambers USA: America's Leading Lawyers for Business have ranked Mike as a leading Bankruptcy/Restructuring attorney, noting that he is a "terrific strategist," a "bright lawyer and an excellent negotiator," and a leader with "integrity, good people skills, and utilizing a common sense approach". In addition, Mike has been consistently recognized by The Best Lawyers in America ®, The Deal ®, Delaware Super Lawyers ® and Corporate Counsel ® as one of the top bankruptcy lawyers in Delaware and the country.

Having authored dozens of articles, maintained primary responsibility for the firm’s Corporate Restructuring Trend Watches and Case Alerts, and spoken on a variety of topics regarding corporate restructuring, insolvency and bankruptcy related issues, Mike has kept his finger on the pulse of restructuring precedent/strategy and ensured that his clients, co-counsel and restructuring contacts are educated and up-to-speed on the state of the law.

Significant debtor and trustee engagements led by Mike include: lead counsel to Solar Trust of America; lead counsel to Pemco Holdings; lead counsel to Lang Holdings; lead counsel to Indalex Holdings; lead counsel to WomenFirst Healthcare; lead counsel to Medifacts Holdings; lead counsel to the Chapter 11 Trustee of Global Vision Products; lead counsel to Basin Water; lead counsel to American Fibres & Yarns; lead counsel to Chapter 11 Trustee of Institute for Cancer Prevention; co-counsel to Eddie Bauer; co-counsel to Freedom Communications; co-counsel to Accuride Corp; co-counsel to Diamond Glass; co-counsel to Riverstone Networks; co-counsel to Regent Communications; and co-counsel to National Envelope Corp.

Significant non-debtor engagements led by Mike include: lead counsel to Landry’s Restaurants in connection with acquisition of Claim Jumper restaurants and as stalking horse bidder for Bugaboo Creek restaurants; lead counsel to Creditors Committee in the Devon Communications Chapter 11 case; lead counsel to Creditors Committee in the Source Precision Chapter 11 case; co-counsel to the Yucaipa Companies in the Allied Systems Chapter 11 case; co-counsel to Tennenbaum Capital and certain affiliates in the Trico Marine Chapter 11 cases; co-counsel to Creditors Committee in the Golden Ocean Chapter 11 case; lead counsel to Canadian receiver in the Earthrenew Chapter 15 proceedings; counsel to Kimco as bidder/landlord in various retail Chapter 11 cases; and counsel to AOT (as largest creditor) in the Caribbean Petroleum Chapter 11 case.

Distinctions

  • Chambers USA:  America's Leading Lawyers for Business, Bankruptcy/Restructuring, recognized since 2006
  • The Best Lawyers in America ®, Bankruptcy and Creditor/Debtor Law, recognized since 2008
  • The Deal ®, Leading Bankruptcy Tables, recognized since 2006
  • Delaware Super Lawyers ®, Bankruptcy & Creditor/Debtor Rights, recognized since 2008

Memberships and Affiliations

  • American Bankruptcy Institute, Member
  • American Bankruptcy Institute Volo Circuit Court Opinion First Responder, Editorial Board
  • American Bar Association, Member
  • Delaware State Bar Association, Member
  • Turnaround Management Association, Member
  • Philadelphia Chapter, Turnaround Management Association, Former Board Member