Kristin S. Elliott

Partner

Location
New York
Phone number
(212) 808-5089
Location
New Jersey
Phone number
(973) 503-5900

With a deep understanding of the law and practical realities of bankruptcy, Kristin Elliott focuses on business reorganizations, creditors’ rights, and bankruptcy litigation. She recognizes the complexities and potential consequences of the matters she handles and develops pragmatic, proactive strategies to minimize risk and maximize client interests.

Kristin tailors her strategies to each client’s priorities and objectives, but consistently keeps her clients informed by setting and managing clear goals and expectations. She is always accessible and extremely responsive. Kristin’s direct, down-to-earth style and her ability to distill complex legal issues into straightforward, concrete plans of action make her an integral member of her clients’ teams.

Kristin represents indenture trustees, creditors’ committees, liquidating trustees, and secured and unsecured creditors in all aspects of bankruptcy and insolvency proceedings. In challenging restructuring situations, Kristin stays level-headed and focused, relying on agility, adaptability, and effective negotiation skills to achieve positive outcomes.

Aggressive when appropriate but equally able to diffuse difficult dynamics with candor, humor, and relatability, Kristin finds solutions in even the most complex and contentious situations.

“Bankruptcies are precarious and uncertain, and usually a less-than-ideal forum for my clients to conduct business. My goal in each case is to give clear strategic options that position my clients to achieve a value-maximizing outcome.”

Indenture Trustees

In re Intelsat S.A., et al.
Represent indenture trustee for approximately $7 billion of structurally senior notes in satellite company’s chapter 11 proceeding in the United States Bankruptcy Court for the Eastern District of Virginia.

In re Chino’s Holdings, Inc., et al.
Represented indenture trustee for secured notes in J.Crew’s chapter 11 proceeding in the United States Bankruptcy Court for the Eastern District of Virginia.

In re iHeartMedia, Inc., et al.
Represented indenture trustee for approximately $1 billion of priority guarantee notes in media company’s chapter 11 proceeding in the United States Bankruptcy Court for the Southern District of Texas.

In re Caesars Entertainment Operating Company, et al.
Represented indenture trustee for $3.7 billion of second lien notes in an issuer’s chapter 11 proceeding in the United States Bankruptcy Court for the Northern District of Illinois.

In re Hexion Holdings LLC, et al.
Represented indenture trustee for $2.4 billion of first lien notes in issuer’s chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware.

In re Chaparral Energy LLC, et al.
Represented indenture trustee for $1.25 billion of unsecured notes in an energy company’s chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware.

Official Committees of Unsecured Creditors

In re In-Shape Holding, LLC
Represent the official committee of unsecured creditors appointed in COVID-related chapter 11 cases of California-based gym operator.

In re LSC Wind Down, LLC (f/k/a Limited Stores Company), et al.
Represented official committee of unsecured creditors appointed in chapter 11 proceedings filed in the United States Bankruptcy Court for the District of Delaware by a national women’s clothing retailer.

In re Sarar USA, Inc.
Represented official committee of unsecured creditors appointed in chapter 11 proceedings filed in the United States Bankruptcy Court for the District of New Jersey by a high-end men’s apparel retailer.

Liquidating Trustees/Plan Administrators

In re OneWeb Global Limited
Represent plan administrator for liquidating debtor in chapter 11 proceedings filed by reorganized satellite company in the United States Bankruptcy Court for the Southern District of New York.

Limited Creditors’ Liquidating Trust
Represent liquidating trustee appointed under confirmed plan of liquidation for large women’s retailer.

In re Circuit City Stores, Inc., et al.
Represented liquidating trustee of an electronics retailer in numerous bankruptcy avoidance actions in the United States Bankruptcy Court for the Eastern District of Virginia.

New Jersey Bankruptcy Court Local Rules Committee