Stephen Karotkin
Weil, Gotshal & Manges LLP

Stephen Karotkin, since joining the firm in 1976, has concentrated in the area of business reorganizations, debt restructurings, debtor and creditors’ rights and financing transactions.

Mr. Karotkin was one of the lead attorneys representing General Motors in its historical chapter 11 case. He is currently one of the lead attorneys representing AMR Corporation and its US subsidiaries, including American Airlines and American Eagle, in the largest chapter 11 cases filed in 2011. He represented Aleris International and Texaco Inc. in their chapter 11 cases. Mr. Karotkin also has represented numerous other chapter 11 debtors including Blockbuster, Revere Copper and Brass, Fine Host Corporation, Magellan Health Services, Formica Corporation, New World Pasta, and Loral Space & Communications. He also represented Eagle-Picher Industries, Inc. in its asbestos-related chapter 11 case, obtaining the first permanent asbestos claims injunction under section 524(g) of the Bankruptcy Code. Mr. Karotkin also represented Armstrong World Industries in its asbestos-related chapter 11 case.

Mr. Karotkin has been involved in numerous financing transactions in both the chapter 11 and out-of-court restructuring contexts, including representing many financial institutions in debtor in possession and other financing arrangements. In addition, he has represented both lenders and borrowers in connection with several out-of-court restructuring transactions. Mr. Karotkin was also involved in the restructuring of two major corporations located in Argentina.

Mr. Karotkin was named a Dealmaker of the Year 2010 by The American Lawyer. Mr. Karotkin is consistently recognized in Chambers USA and Chambers Global in the field of Bankruptcy/Restructuring. Mr. Karotkin was also named one of America's "Top 25 Pre-Eminent Insolvency Lawyers" by The Best of the Best USA 2010.

Mr. Karotkin is a Fellow of The American College of Bankruptcy, a member of the American Bar Association and a member of the New York State Bar Association. Mr. Karotkin has lectured on numerous occasions, including the National Conference of Bankruptcy Judges, the Goldman Sachs Distressed Debt Conference, and the American Bankruptcy Institute. Mr. Karotkin is also a member of the faculty of the New York University Workshop on Bankruptcy and Reorganization.

  • Bar Admissions
    Southern District New York; US Supreme Court; US Court of Appeals 2nd Cir.; US Court of Appeals 3rd Cir.; US Court of Appeals 6th Cir.; New York State
  • Education
    Union College (B.S., with high honors, 1973); New York Univ Law (J.D., with high honors, 1976)
  • Business Finance & Restructuring Partner
  • New York
  • +1 212 310 8350 tel
  • +1 212 310 8007 fax

Weil, Gotshal & Manges LLP

This website is maintained by Weil, Gotshal & Manges LLP in New York, NY.
Copyright © 2014 Weil, Gotshal & Manges LLP, All Rights Reserved. The contents of this website may contain
attorney advertising under the laws of various states. Prior results do not guarantee a similar outcome.