Marcia Goldstein is chair of the Business Finance & Restructuring department at Weil, Gotshal & Manges and a member of the firm's Management Committee. She has practiced with the firm for over thirty years in all areas of domestic and international debt restructuring as well as crisis management and corporate governance. She has been a lecturer at Yale Law School, Columbia Law School and Cornell Law School and is a frequent speaker at restructuring seminars both domestically and internationally.
Ms. Goldstein has been the lead restructuring lawyer assisting AIG with respect to various aspects of the overall restructuring of the company, including its obligations to the Federal Reserve, leads the firm's restructuring for Kaupthing Bank, the largest Icelandic bank which is in insolvency proceedings in Iceland and chapter 15 in the US and serves as lead restructuring counsel for General Growth Properties, a publicly traded REIT which is the largest real estate company to seek chapter 11 relief. She also serves as lead counsel in the Chapter 11 cases of Extended Stay Hotels, a chain of 680 hotels, Washington Mutual Corp., LandSource, a large land development company, Advanta Corp, provider of small-business credit card account services, and BearingPoint. She served as lead counsel in the restructuring of WorldCom, Inc., achieving confirmation of its plan of reorganization in fifteen months, and in the international restructuring of Parmalat S.p.A., and led the firm’s representation of Eurotunnel. In Atkins Nutritionals, Ms. Goldstein represented the company in achieving its reorganization in Chapter 11 in only five months, including the resolution of potential fraudulent transfer litigation. She has also represented debtors, bank groups, secured and unsecured creditors, statutory creditors' committees, trustees, and other parties in other major debt restructurings and Chapter 11 cases. These include Alliance Mortgage, American Home Mortgage, Hollinger, Inc., Galvex Holdings, Inc., North American Bus Industries Rt., Regal Cinemas, Inc., Washington Group International, Inc., AMF Bowling Worldwide, Inc., Exide, Inc., Oxford Automotive, Inc., United Companies Financial Corp., Marvel Entertainment Group, CRIIMI MAE, Storage Technology, Inc., Southland, Inc., and Warnaco, Inc.
Ms. Goldstein is a member of the National Bankruptcy Conference, the American College of Bankruptcy and the International Insolvency Institute and has chaired the Business Reorganizations Committee of the Association of the Bar of the City of NY.
In 2009, Ms. Goldstein was named one of the "50 Most Powerful Women in New York" by Crain’s New York Business and in 2008, she was named one of the ’50 Women to Watch’ by the Wall Street Journal (Nov. 10 issue). She was named one of the two "Women of the Year in Restructuring" in 2008 by the International Women’s Insolvency & Restructuring Confederation. She has been recognized as an "Outstanding Bankruptcy Lawyer" for the years 2002 through 2009 by Turnarounds and Workouts, and as "Insolvency and Restructuring Lawyer of the Year" – four years running – by Who's Who Legal (for the International Bar Association). The American Lawyer featured Ms. Goldstein as a "Dealmaker of the Year" in 2004 for leading the successful restructuring of WorldCom and in 2008 for her leadership role in situations at the epicenter of the financial crisis, including Chapter 11 counsel for Washington Mutual, restructuring advisor to AIG, and counsel for Kaupthing Bank in its global insolvency. In 2007, she was honored as one of the National Law Journal's "Most Influential Women." Ms. Goldstein is consistently ranked as a "Leading" Lawyer for Bankruptcy/Restructuring in Chambers USA: America's Leading Lawyers for Business.
Ms. Goldstein graduated magna cum laude from Cornell University with an A.B. in 1973. She received her J.D., cum laude, from Cornell Law School in 1975, where she was articles editor of the Cornell Law Review. She currently chairs the Law School Advisory Council.