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Akin Gump Strauss Hauer & Feld LLP

Ira  Dizengoff

Tel:
Work +1 212.872.1096
Email:
Akin Gump Strauss Hauer & Feld LLP

Work Department

Partner; Financial Restructuring

Position

Ira Dizengoff represents bondholders, noteholders, institutional investors, hedge funds and other interested parties, with an emphasis on creditors’ committees and bondholder committees, in large, complex cases, out of court and in chapter 11. In addition, Ira represents numerous companies in restructurings and recapitalizations in and out of court. His restructuring matters encompass a variety of industries and involve multijurisdictional and cross-border matters.

Recent engagements include advising the Official Committees of Unsecured Creditors of Sears Holding Corporation and iHeartMedia; Debtor FirstEnergy Solutions; and informal noteholders groups in Seadrill, Avaya, Breitburn Energy, Aegean Marine Petroleum, EV Energy Partners and Energy Future Intermediate Holdings Corp. Other seminal matters include Edison Mission Energy (UCC), Allied Nevada (Debtor), Worldcom (UCC), Quiznos (Debtor), American Media (company), Walter Energy (ad hoc group of senior secured lenders and noteholders), Dynegy (UCC), U.S. Shipping Corp (company) and Foamex (Debtor).

To learn more about Mr. Dizengoff, please visit his full profile: https://www.akingump.com/en/lawyers-advisors/ira-s-dizengoff.html

Career

For many years, Ira has been recognized as a leading lawyer by various industry publications/directories, including Chambers Global, Chambers USA, The Legal 500 US, The Best Lawyers in America, New York Metro Super Lawyers, Turnarounds & Workouts and Law360.

Education

BA, magna cum laude, Brandeis University; JD, Benjamin N. Cardozo School of Law; Member, Cardozo Law Review.


United States: Finance

Restructuring (including bankruptcy): corporate

Within: Leading lawyers

Ira Dizengoff - Akin Gump Strauss Hauer & Feld LLP

Within: Restructuring (including bankruptcy): corporate

Traditionally, Akin Gump Strauss Hauer & Feld LLP is known as a creditors’ practice, where the team has deep experience, but the firm also has a strong offering on the debtor side. New York-based global head of financial restructuring Daniel Golden leads a national team with expertise in formal and out-of-court restructurings, as well as in financing and strategic transactions. A notable recent example of work has been representing the debtors in the FirstEnergy Solutions Chapter 11 case; the company, its subsidiaries and affiliates, which make up the debtors in the matter, are responsible for multiple fossil and nuclear power generating facilities throughout Ohio and Pennsylvania; the complex matter involves, among other things, negotiating with various creditor constituencies, preparing the first-day pleadings and working with the debtors’ regulators; the highly recommended Ira Dizengoff is leading with Abid Qureshi from New York and Scott Alberino in Washington DC. Also notable in the team is New York-based Philip Dublin, who is acting for the official committee of unsecured creditors in the Chapter 11 filing of iHeartMedia in negotiating the treatment for unsecured creditors under the the debtor's plan. The team is negotiating with the debtor's advisers with respect to, among other things, the debtor's key employee retention and incentive plans. In addition, the firm litigated the committee’s objection to the proposed retention of two investment bankers that could result in fees of $90m.

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