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Band 3
Band 5
Provided by Duane Loft
Duane leads Pallas’s New York practice. He represents clients in complex commercial litigation, with a particular focus on restructuring disputes, contested issues in bankruptcy, and cross-border litigation.
In the area of restructuring litigation, Duane has represented ad hoc groups of creditors in a number of significant corporate bankruptcies, including the Chapter 11 cases of Intelsat S.A. and LBI Media, in each case serving as trial counsel in multi-week hearings on contested plans of reorganisation.
In cross-border disputes, Duane has helped recover billions of dollars for institutional investors, including through Section 1782 discovery proceedings that have led to precedent-setting decisions in district and appellate courts throughout the United States.
Bombardier Inc. – Representing 2034 Noteholders of Bombardier Inc. in litigation to collect a make-whole payment arising from a covenant breach and to invalidate a vote-rigging liability management exercise.
Norske Skog – Defending fraudulent transfer claims in Chapter 15 adversary proceedings brought by the trustee of Norske Skogindustrier, an insolvent Norwegian paper company, relating to a 2016 restructuring.
Offshore Appraisal Section 1782 Proceedings – Section 1782 discovery proceedings for dissenting shareholders pursuing billions of dollars in offshore shareholder appraisal claims, including in connection with the take-private mergers of 58.com, Jardine, SINA, 51Job, Myovant Sciences, and New Frontier Health.
Hertz – Representing Ad Hoc Group of Hertz creditors to recover backstop fee owed in connection with restructuring of Hertz’s European businesses.
Intelsat, S.A. – Represented Ad Hoc Group of Convertible Noteholders in Chapter 11 of Intelsat S.A., including as trial counsel in a three-week contested plan confirmation hearing.
New York
U.S. District Court: Southern District of New York
U.S. District Court: Eastern District of Michigan
U.S. Court of Appeals: Second Circuit
U.S. Court of Appeals: Third Circuit
U.S. Court of Appeals: Sixth Circuit
U.S. Court of Appeals: Seventh Circuit
Fordham Law School
J.D., magna cum laude; Notes & Articles Editor, Fordham Law Review; Order of the Coif (top 10% of class); Fordham Prize
Fordham University
B.A., summa cum laude, Comparative Literature
Provided by Chambers
Provided by Chambers
He's a phenomenal attorney.
Duane is whip smart and straight to the point.
Duane takes client service and responsiveness to the next level and has acute commercial awareness.
Duane has a hardworking work ethic, and is very much on the details.
He's a phenomenal attorney.
Duane is whip smart and straight to the point.
Duane takes client service and responsiveness to the next level and has acute commercial awareness.
Duane has a hardworking work ethic, and is very much on the details.
Provided by Pallas Partners (US) LLP
Financial Investors
Financial Services
Insurance