Isaac M. Marcushamer
Bio:
Background
Isaac is the all-inclusive North American. He is a permanent U.S. resident, who was born in Mexico City and raised in Edmonton, Canada. Isaac is a goal oriented business lawyer who solves problems that cut across legal disciplines in virtually all sectors of the economy. He has been acknowledged by Chambers & Partners USA as a "Recognized Practitioner" in the bankruptcy and restructuring area and as a three-time "Rising Star" by SuperLawyers. In 2014, Isaac was invited to join the International Insolvency Institute Next Gen Chapter. Isaac regularly represents bankruptcy trustees and state court fiduciaries, financial or legally distressed companies, as well as, opportunistic investors in non-traditional investments. Isaac is a Partner of the Business Reorganization Team.
Practice Areas
• Bankruptcy-Related Litigation
• Bankruptcy/Restructuring
• Complex Commercial Litigation
• Latin America & Caribbean Practice
Education
• J.D., cum laude, Hofstra University School of Law
o Citation of Excellence in Bankruptcy Law Course
o Black and Latin American Law Student Associations Certificate of Achievement
o Member Hofstra Law Review
• Hon. B.A., University of Toronto
Representations
• Represented Judge Herbert Stettin as Chapter 11 Trustee for the law firm of Rothstein, Rosenfeldt & Adler, P.A. This case is reported to be the largest Ponzi scheme in Florida history and involves approximately $1.2 billion in claims. The confirmed Plan of Reorganization is expected to provide a 100% distribution to all allowed general unsecured creditors.
• Successfully represented Judge Stettin in connection with the appeal to the Eleventh Circuit Court of Appeal of the Federal Government's attempt to forfeit the assets of Scott W. Rothstein. United States v. Rothstein Rosenfeldt Adler P.A., 717 F.3d 1205 (11th 2013).
• Represented TOUSA, Inc. and approximately 40 debtor and non-debtor affiliates in their currently-pending Chapter 11 cases that will restructure more than $2 billion in debt obligations, including obligations related to bank debt, senior and subordinated public bond debt, and complex land bank option and development contracts.
• Represented Daniel Stermer as Assignee in the assignment for benefit of creditors for The Peer Center, a mental health support facility in Broward County. The Peer Center's assets were sold and its operations closed. All creditors received a distribution and over $100,000 was donated to a charitable cause dedicated to the same mission as The Peer Center.
• Represented Chelle Construction in connection with its Chapter 11 proceedings. Confirmed a Chapter 11 Plan that resulted in a reduction of more than 50% of outstanding debt.
• Successfully defended an involuntary bankruptcy petition against a foreign national and obtained an award of damages and attorneys' fees under 303(i) of the Bankruptcy Code.
• Represented a Venezuelan National in connection with an international transaction over $15 million.
• Represented various foreign nationals in connection with tax and corporate planning.
• Represented CP Miami LLC in connection with the Chapter 11 Proceedings of Commodore Parking Plaza LP, and obtained a transfer of the debtor's assets to CP Miami through a Chapter 11 Plan.
• Represented private education institution in connection with an out of court restructuring with its largest lender (a national bank) and obtained a reduction of 50% of the principal loan amount.
• Represented various buyers of assets in connection with chapter 7 and chapter 11 bankruptcy proceedings.