Insolvency Institute

David Turetsky

David Turetsky's picture

White & Case
1221 Avenue of the Americas,
New York, 10020-1095
New York, USA


David Turetsky represents clients in complex business reorganizations, out-of-court restructurings and workouts, debt restructurings and insolvency matters.
Mr. Turetsky has played a significant role representing numerous debtors in their Chapter 11 cases, including FiberMark, GenTek, Herbst Gaming, Savient Pharmaceuticals, Spectrum Brands, Sterling Chemicals, Syms and Filene’s Basement, and Winn-Dixie Stores (which was named the “Mega Turnaround of the Year” by Turnaround Management Association in 2007).
Mr. Turetsky also has had substantial involvement representing companies in connection with out-of-court restructurings, refinancings and workouts, including Archstone, DS Waters, ION Media Networks and Residential Capital. The out-of-court restructuring of DS Waters was recognized as one of the “Most Successful Restructurings of 2012” by Turnarounds & Workouts. In 2008, the comprehensive recapitalization of ION Media Networks (involving a cash tender offer, multiple exchange offers and the issuance of new subordinated debt) was recognized as the “Turnaround Deal of the Year” (Media, Telecom & Technology) and as the “Refinancing Deal of the Year” by The M&A Advisor.
In addition, Mr. Turetsky has played a significant role representing creditors and other parties in interest in connection with Chapter 11 cases and out-of-court restructurings, including Apax Partners in the out-of-court restructuring of Contech; Citibank, Goldman Sachs and Deutsche Bank Securities in their successful litigation arising out of a $2.5 billion senior secured bankruptcy exit financing for Solutia; Credit Suisse as agent for a lender syndicate in the restructuring of a $525 million senior secured credit facility to Ginn Resorts; the official committee of equity security holders in Chemtura Corporation’s Chapter 11 case; Pfizer Inc. in connection with aspects of Quigley’s Chapter 11 case; and Sealed Air Corporation in the Chapter 11 case of W.R. Grace & Co.
Mr. Turetsky has been recognized as being among the top 40 M&A, financing and turnaround professionals under the age of 40 by The M&A Advisor. He also repeatedly has been selected as one of the country’s "Outstanding Young Restructuring Lawyers" by Turnarounds & Workouts. In addition, Mr. Turetsky has been included in the International Insolvency Institute’s "Next Generation," has served as a member of the New York City Bar Committee on Restructuring and Reorganization, and is a member of the UJA-Federation’s "Next Generation" Bankruptcy & Reorganization Group.
Mr. Turetsky serves on the firm’s hiring and summer associate committees.
• J.D., Harvard Law School, 2002 (cum laude; Boykin C. Wright Memorial Fund Prize)
• B.A., McGill University, 1999 (Prince of Wales Gold Medal; First Class Honours; Dean's Honour List)
• Significant Ruling Gives Chapter 11 Debtors New Leverage Over Secured Creditors
• Skadden's 2015 Insights - Corporate Restructuring
• "Trends in Chapter 11 Filings, Venue and Proposed Reforms"
• Skadden's 2015 Insights - Corporate Restructuring

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