Bankruptcy, Banking Attorneys - Garden City, Long Island, New York

Thomas R. Slome

Thomas R. Slome, a member of Meyer, Suozzi, English & Klein, P.C. located in Garden City, is Chair of the firm's Bankruptcy practice and Co-Chair of the firm's Corporate Finance practice. Mr. Slome represents a wide variety of creditors in all aspects of bankruptcy including corporate reorganization, bankruptcy related litigation, debtor-in-possession and exit financing, creditors’ rights, and out of court debt restructuring. Mr. Slome’s clients include banks, factors, equipment lessors, hedge and private equity funds, landlords, developers, brokers, hospitals, trustees, creditors’ committees and debtors.

Over the course of the last decade, Mr. Slome has represented parties involved in some of the most notable bankruptcy cases including A&P, American Airlines, Borders, Blockbuster, Enron, Lehman Brothers, Lyondell, Patriot Coal, Tribune, and Worldcom to name a few. Additionally, Mr. Slome has experience with bankruptcy cases of manufacturers, importers, retailers and service companies in a wide array of industries, including energy, telecommunications, finance, real estate, electronics, computers, fashion, manufacturing, furniture and healthcare. Mr. Slome has also served as a court-appointed examiner and mediator in numerous cases pending in the Southern and Eastern Districts of New York and the District of Delaware. He has mediated preference and fraudulent conveyance lawsuits, as well as a contentious legal battle between a creditors’ committee and chapter 11 debtor over the debtor’s proposed plan of reorganization.

Notable experience includes:

Represents regional bank as DIP lender in the Chapter 11 proceedings of Qualteq, Inc., one of the world’s largest manufacturers of credit and gift cards, which is pending in the Bankruptcy Court for the Northern District of Illinois (Chicago).
Represents international insurance company, several mutual funds, and a large utility as defendants in the “LBO-clawback” multi-district complex litigation pending in the District Court for the Southern District of New York, which litigation was spawned from the Tribune Company Chapter 11 proceedings in Delaware.
Represents several mutual funds and a trust in the litigations arising from the merger involving Lyondell Corporation and its relevant Chapter 11 bankruptcy proceedings, all pending in the Bankruptcy Court for the Southern District of New York.
Represents indenture trustee for approximately $9 million in Industrial Revenue bonds issued by the NYC Industrial Development Agency, in the Chapter 11 proceedings of Metro Biofuel pending in the Bankruptcy Court for the Eastern District of New York.
Appointed as Examiner in the Chapter 11 proceedings of Madison 92nd Street Associates, the owner of a 226- room Upper East Side hotel, which was recently sold in a bankruptcy court auction for approximately $85 million.

Mr. Slome was recognized by Long Island Pulse Magazine in 2010 and 2011 as one of the region’s “Top Legal Eagles.” He is rated “AV Preeminent” by Martindale-Hubbell, the highest level in professional excellence.

Mr. Slome has written numerous articles on bankruptcy related topics in various publications including The Bankruptcy Strategist, The American Bankruptcy Institute Journal, and The American Bar Association’s The Business Lawyer. He has lectured extensively on creditors’ rights and workout issues for the New York State Bar Association, New York County Lawyers’ Association, Association of Corporate Counsel of America, Commercial and Industrial Brokers’ Society and CoreNet (Commercial Real Estate Network). Mr. Slome was the law clerk to Bankruptcy Judge Robert John Hall of the United States Bankruptcy Court for the Eastern District of New York from 1983 through 1985 before joining Rogers & Wells (now Clifford Chance) in New York City. From 1990 through 1995, he was a partner at a well known New York City bankruptcy boutique, where he practiced in the areas of bankruptcy, reorganization, creditors’ rights, loan documentation and loan workouts.

In 1995, Mr. Slome founded the Uniondale-based bankruptcy and commercial litigation firm of Rosen Slome Marder LLP prior to joining Meyer, Suozzi in 2008.