Shana A. Elberg



Corporate Restructuring

New York

T: 1.212.735.3882

F: 1.917.777.3882


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Shana Elberg’s practice is concentrated on business reorganizations, insolvency and bankruptcy matters. Ms. Elberg has substantial experience advising companies, creditors, equity holders, lenders, investors, sellers, purchasers and other parties-in-interest in a variety of distressed situations and restructuring transactions, including prepackaged and prearranged bankruptcies, traditional Chapter 11 cases and out-of-court workouts and acquisitions. In April 2012, Ms. Elberg was recognized by Turnarounds & Workouts as an “Outstanding Young Restructuring Lawyer.”

Representative matters in which Ms. Elberg has played a significant role include:

  • Excel Maritime and certain of its affiliates in their Chapter 11 cases;
  • Barclays and Deutsche Bank as exit lenders in the Patriot Coal bankruptcy case;
  • Better Place in its global wind-down;
  • Deloitte Consulting LLP in its acquisition of the Monitor consulting group;
  • Marsico Capital Management, LLC in its out-of-court restructuring;
  • Syms Corp. and Filene’s Basement in their bankruptcy cases;
  • The National Hockey League in connection with the Phoenix Coyotes and Dallas Stars bankruptcy cases;
  • Travelport Holdings Limited and certain of its affiliates in their out-of-court cross-border debt restructuring;
  • Vertis Holdings, Inc. and certain of its affiliates in their prepackaged bankruptcy cases;
  • DISH Network Corporation as lender and acquirer in the DBSD bankruptcy cases;
  • the official committee of equity security holders in the bankruptcy cases of Chemtura Corp. and its affiliates;
  • Citigroup Global Markets Realty Corp. in the restructuring of a credit card securitization;
  • The Mount Sinai Hospital in the bankruptcy cases of Saint Vincent’s and North General;
  • Intrawest in its out-of-court cross-border debt restructuring;
  • a major entertainment company in its out-of-court restructuring;
  • CIT Group, Inc. and an affiliate in their prepackaged bankruptcy cases;
  • Citibank Financial Products, Inc. in its acquisition of Ameriquest Mortgage Company;
  • Babcock & Brown Holdings, Inc. and certain of its affiliates in their out-of-court wind-down and asset disposition process;
  • Deutsche Bank as exit lender in the Extended Stay bankruptcy cases;
  • Mrs. Fields’ Original Cookies, Inc. and certain of its affiliates in their prearranged bankruptcy cases; and
  • Fortunoff Fine Jewelry and Silverware, LLC and certain of its affiliates in their bankruptcy cases.

Bar Admissions

New York
U.S. District Courts for the Southern and Eastern Districts of New York and Southern District of Florida


J.D., Cornell Law School, 2001

B.S., Cornell University, 1998

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