Martin Sosland has, since joining the firm when the Dallas office opened in 1987, concentrated his practice in the area of business reorganizations, debtor and creditors’ rights, and refinancings and acquisitions of troubled companies.
Mr. Sosland led the firm’s representation in several major chapter 11 debtor cases, including Dallas Stars, SemGroup, Crescent Resources, Texas Rangers Baseball Partners, and Blockbuster, and co-led the firm’s representation of Pilgrim’s Pride. He also led the firm’s representation of AHMSI, a W.L. Ross portfolio company, in its acquisition of Option One Mortgage from H&R Block. He served as one of the principal partners involved in the firm’s representation of Enron Corp. and its affiliates in their chapter 11 cases and led the firm’s representation of Sulzer Orthopedics in its class action product liability settlement, which allowed that company to avoid seeking relief under the Bankruptcy Code. Mr. Sosland also was involved in the firm’s representation of The Western Company of North America, Zale Corporation, MCorp, Edison Brothers Stores, Inc., and PennCorp Financial Group, Inc., and led the firm’s representation of US ONE Communications Corp., Heartland Wireless Communications, Verado Holdings, and Hedstrom Corporation in their chapter 11 cases.
Mr. Sosland led the firm's representation of the statutory creditors’ committee for Diagnostic Health Systems, Inc. and has been involved in the representation of statutory creditors’ committees for First Republicbank Corporation, Texas American Bancshares, National Gypsum Company, and New Valley Corporation. He has been involved in the firm’s representation of aircraft lessors in a number of restructurings including TWA and Viscount Airlines, Inc., and led the firm’s representation of a major aircraft lessor in the chapter 11 case of Express One International, Inc.
Mr. Sosland was also involved in the firm’s representation of PennCorp Financial Group, Inc. in its acquisition of Southwestern Life Insurance Company from ICH Corporation, and led the firm’s representation of creditors which acquired Fitz & Floyd and Trenwick America through chapter 11 plans of reorganization.
In addition, Mr. Sosland has led the firm’s representation of major financial institutions and other creditors in a number of cases, including First Magnus, Harbor Financial Group, FirstPlus Financial Group, Genesis Physicians Practice Association, Mirant, Senior Living Properties, Williams Communications, and Covad.
Mr. Sosland has been recognized by Chambers USA and Chambers Global as a leading bankruptcy/restructuring lawyer.
Mr. Sosland is a member of the Dallas and American Bar Associations and the American Bankruptcy Institute. He has written and spoken about bankruptcy issues for a number of CLE programs sponsored by various organizations including the State Bar of Texas and the University of Texas School of Law.