Timothy Karcher > Proskauer Rose LLP > New York, United States > Lawyer Profile

Timothy Karcher

+1.212.969.4750 [email protected]

Work Department

Corporate; Restructuring

Position

Timothy Karcher is a partner in Proskauer’s Restructuring Group where he focuses his practice on bankruptcy, financial restructuring, insolvency, crisis management, special situations, financial reform, and the acquisition and sale of assets and troubled companies in and out of court.

He has held significant roles in some of the most important restructuring cases of the past two decades.  He served as counsel to the Debtors in Murray Metallurgical Coal Holdings, LLC and represented of the Creditors’ Committee in the chapter 11 cases of Zachry Holdings, Inc. and Westinghouse Electric Company, with estimated liabilities of several billion dollars. He was also counsel to the Trustee in ITT Educational Services, Inc., the largest for-profit college bankruptcy, as well as counsel to Pacific Exploration and Production Corp. (debtors’ counsel for $6 billion international oil and gas exploration restructuring), Kings Food Markets (debtors’ counsel), Rotech Healthcare, Inc. (debtors’ counsel in $800m restructuring), MF Global (committee counsel), Enron Corporation (debtors’ counsel), Ames Department Stores (debtors’ counsel), G-I Holdings (debtors’ counsel), and Regal Entertainment (debtors’ counsel).

In addition, Timothy has represented lenders, individual creditors, statutory committees, ad hoc groups, and other parties in a wide variety of restructuring cases, both in and out of court, including AmeriMark, Invitae, Genesis Global Holdco, LATAM Airlines, Yellow Corporation, OneWeb Global Limited, Formation Group, McDermott International, iPic International, Weatherford International PLC, ENNIA Caribe Holding BV, Ultra Petroleum Corp., BFN Operations, TransCare Corporation, Hoop Holdings (Disney Stores), Kodak, New World Pasta, Coram Healthcare, American Airlines, Blockbuster, Trident Microsystems, Innkeepers Trust USA, Chrysler Financial Corporation, Midway Games, and New Stream.

Timothy has substantial experience representing public and private companies, secured and unsecured creditors, lenders, investors, hedge funds, private equity, family offices and financial institutions in a broad range of U.S. and international business restructuring and litigation cases. He advises companies and creditors in a wide array of industries, including oil and gas, health care, retail, technology, hospitality, financial services, airline and entertainment.

In addition to his focus on financial restructuring, Timothy has extensive experience in the field of regulatory reform. He led a Proskauer team that worked with federal regulators from the Federal Reserve Board and the Office of the Comptroller of the Currency as part of Independent Foreclosure Review to reform mortgage servicing and foreclosure practices for borrowers who have sought bankruptcy protection. He has advised large institutional clients to develop strategies to ensure compliance with consent orders with the Federal Reserve Board and the Office of the Comptroller of the Currency. In connection with his work for ITT Educational Services, Inc., he has litigated against the Consumer Financial Protection Bureau (CFPB), Securities and Exchange Commission (SEC), Department of Education (ED) and multiple states attorney’s general.

Timothy is Chair of the firm’s Hiring Committee in New York.