Stutman Treister & Glatt, a Los Angeles bankruptcy boutique, has opened a New York office, led by former partners from Greenberg Traurig and Friedman Kaplan Seiler & Adelman.
Founded in 1948, 31-attorney Stutman Treister said six lawyers have joined the firm to make up its New York office, including shareholders Michael Goldstein and William Weintraub. Weintraub most recently was with Friedman Kaplan, while Goldstein rejoins Stutman after practicing at Greenberg Traurig. Goldstein earlier practiced at Stutman Treister in Los Angeles.
Weintraub has represented debtors and creditors in bankruptcy cases including Dewey & LeBoeuf, Tribune Co., Lyondell Chemical, Madoff Securities and Quigley Co. Goldstein has represented debtors, bondholders, hedge funds and acquirers of distressed assets in corporate bankruptcies.
Three associates from Friedman Kaplan also are joining the New York office, as is a Stutman associate who has been with the firm since 2001.
Isaac Pachulski, a Stutman senior shareholder, said the firm decided to open its first office outside of Los Angeles due to the consistency of large bankruptcy cases in New York. "We would be better equipped to serve clients located in New York that we currently serve, including hedge fund clients," he said. "We can offer more services and we can participate more extensively in bankruptcy cases."
Goldstein said that Stutman had been looking into the possibility of a New York office for some time and found the right group of lawyers this year. The chance to return to Stutman and be a part of its expansion "was a very exciting opportunity," he said.