Mr Bernstein, who co-heads Davis Polk's insolvency and restructuring practice, is globally recognised as among the small group of leading insolvency lawyers in the world. He has received numerous honours, including being elected by his peers as the chair of the National Bankruptcy Conference, the most prestigious professional organisation in the field. Mr Bernstein's practice includes representing debtors, creditors, liquidators, receivers and acquirers in major corporate restructurings and insolvency proceedings, as well as advising financial institutions and other clients regarding credit risks involved in derivatives, securities transactions, and other domestic and international financial transactions.
Mr Bernstein has represented companies in restructurings and reorganisations, including Ford Motor Company, US Industries, LTV Steel, Lomas Financial, Liberte Investors, Allis-Chalmers and Johns-Manville. He has represented agent banks, major lenders or official creditors' committees in restructurings and bankruptcy proceedings, including those of Tribune Companies, Delphi, Syncora, Lehman Brothers, Refco, C-BASS, Centro Properties, Enron, Conseco, Adelphia, Bethlehem Steel, McLeodUSA, Dow Corning, Memorex Telex, RH Macy, Morrison-Knudsen, Drexel Burnham Lambert, Crown Paper, US Office Products and Toshoku America. He has also represented liquidators or receivers in international insolvency proceedings, including those of LJ Hooker and Princeton Economics/Cresvale International. In addition, he represents global financial institutions, such as JPMorgan Chase, Bank of America, Citibank, Goldman Sachs and Morgan Stanley, on credit exposures and global credit risk management.
Mr Bernstein is listed as a leading lawyer in numerous legal industry publications, including: Band 1, USA: Bankruptcy/Restructuring in Chambers Global 2013; Band 1, Nationwide: Bankruptcy/Restructuring in Chambers USA 2012-2013; Band 1, New York: Bankruptcy/Restructuring in Chambers USA 2012-2013; Chambers Global: The World's Leading Lawyers for Business; Practical Law Company's Cross-border Restructuring & Insolvency Handbook; Legal Media Group's Expert Guide to the World's Leading Lawyers - Best of the Best and Expert Guide to the World's Leading Insolvency & Restructuring Lawyers; Law Business Research's Who's Who Legal 2014 and Who's Who Legal: Insolvency and Restructuring 2014; American Lawyer Media's Corporate Counsel: Annual Guide to the Bankruptcy and Creditor-Debtor Rights Law; and IFLR1000: The Guide to the World's Leading Financial Law Firms.
In addition, Mr Bernstein's distinguished practice has earned him the following distinctions. He was named Best Lawyers' Lawyer of the Year 2013 (bankruptcy and creditor-debtor rights/insolvency and reorganisation law); selected by Turnaround & Workouts as an Outstanding Restructuring Lawyer; named a leading insolvency and restructuring lawyer in 2010 by Euromoney's Expert Guide to the World's Leading Insolvency and Restructuring Lawyers; named 'Dealmaker of the Year' by The American Lawyer in April 2010 for his lead role in Ford's restructuring; named one of the top 100 lawyers in New York in the Super Lawyers survey; named as Who's Who Legal's Insolvency and Restructuring Lawyer of the Year; and selected by the advisory board of the K&A Restructuring Register as one of 'America's Top 100 Restructuring Professionals'.
Mr Bernstein is the commissioner of the ABI Commission on the Reform of Chapter 11; chair of the advisory committee of the programme on law and public affairs at Princeton University; fellow and former director of the American College of Bankruptcy; founding director of the International Insolvency Institute; member of the financial stability board of the IMF legal advisory panel; and official US delegation to the insolvency working group of the United Nations Commission on International Trade Law (UNCITRAL).
This biography is an extract from The International Who's Who of Insolvency & Restructuring Lawyers which can be purchased from our Shop.
It is not possible to buy entry into any Who's Who Legal publication
Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.