Alissa Nann focuses her practice on corporate bankruptcy and restructuring, offering practical business solutions for entities and individuals impacted by distress-related situations. She represents parties on all sides of a bankruptcy — debtors, creditors and creditors’ committees, secured lenders, estate fiduciaries, and purchasers of distressed assets — both in chapter 11 and out-of-court workouts. She has significant experience with bankruptcy-related litigation, both in the U.S. and internationally, including representing liquidators in chapter 15 bankruptcy cases, in cross-border litigations involving fraud and insolvency issues, and in related asset-tracing and recovery. Alissa also counsels companies on bankruptcy alternatives such as private sales, dissolutions, and structured wind downs.
Prior to joining Foley, Alissa served as a law clerk to the Hon. Shelley C. Chapman (ret.), United States Bankruptcy Judge for the Southern District of New York.
Representative Experience
- Represented, the Official Creditors’ Committee of Klausner Lumber One, LLC (timber mill).
- Represented, the Official Creditors’ Committee of Sienna Biopharmaceuticals, Inc. (pharmaceuticals developer).
- Represented, the Official Creditors’ Committee of Heritage Home Group LLC. (furniture manufacturer and retailer).
- Represented, In Association for Metroarea Autistics Children, Inc. Counsel to chapter 11 debtor, a publicly funded K-12 school for special needs children.
- Represented, In re Alrose Allegria, LLC & Alrose King David, LLC. Counsel to chapter 11 debtor in restructuring of full service hotel located in Long Beach, NY.
- Represented, the Bancorp Bank. Counsel to Bancorp as a secured lender to a number of stressed and distressed borrowers, including in the chapter 11 case of Phoenix Payment Systems.
- Represented, Best Buy. Counsel to Best Buy as a creditor in various bankruptcies and out-of-court distressed situations, including in the chapter 11 restructuring of NewZoom, one of the largest sellers of Best Buy inventory outside of Best Buy stores.
- Represented, the Culture Project. Pro bono counsel to NYC non-profit theater organization, leading up to chapter 11
- Represented, Wilmington Trust Company. Represent WTC as indenture trustee, holding billions of dollars in bonds and sub-debt in various cases, including Samson and Peabody.
- Represented, Student CU Connect CUSO, LLC (CUSO). Counsel to the CUSO in connection with chapter 7 liquidation of ITT Technical Institute, a failed for-profit college.
- Represented, Wilmington Savings Fund Society. Represent WSFS as indenture trustee in Verso Paper.
- Represented, the Official Creditors’ Committee of Stillwater Asset Backed Offshore Fund Ltd. (offshore investment fund)
- Represented, the Official Creditors’ Committee of Raser Technologies, Inc., (geothermal power plant developer)
- Represented, the Official Creditors’ Committee of LWD. Inc. (landfill and incinerator), addressing certain insider fraud issues
- Represented, Lyondell and various clients named as defendants in $12.5 billion LBO clawback action.
- Represented, Sooner Holdings (f/k/a Syntroluem) in asset sale to Tyson, and in connection with a shareholder class action.
- Represented, Cordell Funds, as non-institutional secured creditors of entities related to the 1031 Tax Group debtors.
- Trustee Representations:
- Ken Tepper as plan trustee for Guaranty Financial Group and as plan administrator for Big Sandy Holding Company.
- SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC.
- Plan trustee for the Raser Creditor Trust.
- Stillwater Liquidating LLC, liquidating assets of Stillwater Asset Backed Offshore Fund and 11 affiliated funds.
Awards and Recognition
- Selected by Lawdragon as one of the 500 Leading U.S. Bankruptcy and Restructuring Lawyers (2020, 2022, 2024)
- Recognized, New York Super Lawyers – Rising Stars® (2014-2020)
Affiliations
- Member, New York City Bar Association
- Member, American Bankruptcy Institute
- Member, Turnaround Management Association
- Board member, substantive events co-chair, International Women’s Insolvency and Restructuring Confederation (IWIRC)
Community Involvement
Alissa dedicates pro bono hours to assisting victims of domestic violence, as well as in seeking legal status in the United States, through the HerJustice organization. She also assists asylum seekers through the New York City Bar Association.
Presentations and Publications
- Co-Host, IWIRC NY, “Litigation Claims Financing: An Innovative Tool to Maximize Recovery?,” BakerHostetler, October 22, 2019
- Co-Host, IWIRC NY, “Negotiation Skills for Women,” National Arts Club, April 24,2019
- Co-Host, IWIRC NY, “Maritime and Offshore Restructuring Panel,” Freshfields, November 14, 2018
- Co-Host, “An Evening Celebrating Women in Business,” Foley & Lardner, October 18, 2018
- Co-Host and Moderator, IWIRC NY, “Sponsorship: Pathway to Success,” Gallagher’s Steakhouse, July 10, 2018
- Co-Host, IWIRC NY, “Emotional Intelligence in Team Dynamics: Lead by Example,” Foley & Lardner, June 13, 2017
- Co-Host, “An Evening Celebrating Women from Head to Toe,” Foley & Lardner, June 21, 2016
- Co-Host, “An Evening Supporting and Celebrating Women in Business,” MM LaFleur, January 29, 2015