Fred S. Hodara
Partner Emeritus
- Served as leader of the firm’s financial restructuring practice.
- Led significant cross-border insolvency matters.
Fred Hodara retired from the partnership at the end of 2016. He represented private placement noteholders, committees, investment funds and other creditors in major financial restructuring and bankruptcy situations.
Fred’s committee representations often involved diverse creditor constituencies such as the Official Committee of Unsecured Creditors of Overseas Shipholding Group (insurance company, trade, bond and quasi-governmental committee members), where his unsecured creditor constituents received a recovery of par plus post-petition interest.
Fred also represented the Official Committee of Unsecured Creditors of Washington Mutual Inc., the vast majority of which have received payment in full in cash of their nearly $8 billion of claims, including the payment of all accrued post-petition interest at contract rates.
Fred took the lead in significant cross-border insolvency matters, including representation of the Official Committee of Unsecured Creditors of Nortel Networks, Inc. (Canada/U.K./U.S.) and of the Joint Official Liquidators of two Bear Stearns-managed subprime hedge funds (Cayman Islands/U.S.).
Fred was a member of the board of trustees of the American College of Investment Counsel, is a former director of the Turnaround Management Association-New York Chapter and a former member of the editorial board of INSOL World, the quarterly journal of INSOL International. Fred has been recognized by leading legal rankings as among the country’s leading financial restructuring lawyers.
- Advised Washington Mutual Official Committee of Unsecured Creditors.
- Counseled Nortel Networks Official Committee of Unsecured Creditors.
- Assisted Overseas Shipholding Group Official Committee of Unsecured Creditors.
- Represented The Philadelphia Inquirer Secured Lender Group.
- Served as counsel to holders of more than $33 billion in bonds and other debt issued by three former Icelandic banks (Kaupthing, Landsbanki, Glitnir).
EducationJ.D., New York University School of Law, 1981
B.A., Binghamton University, State University of New York, 1977
J.D., New York University School of Law, 1981
B.A., Binghamton University, State University of New York, 1977
Bar AdmissionsNew York
New York
- Chambers USA, Financial Restructuring, 2005 to 2016.
- The Who’s Who Legal: Insolvency & Restructuring, 2015 to 2016.
- The Best Lawyers in America.
- K&A Restructuring Register: America’s Top 100 Restructuring Professionals.
- International Who’s Who of Business Lawyers.
- Turnarounds & Workouts’ “Outstanding Restructuring Lawyers,” 2007 and 2008.
- Legal 500 US, Finance – Corporate Restructuring (including bankruptcy) 2016.
- Moderator, “The Emergence of Mediation in Cross-Border Cases,” Annual R3 & INSOL Europe Restructuring Conference, London, May 19, 2017.
- Moderator, “Energy Restructurings: Fuelling Opportunity?” Annual London Investment Funds Conference: 2015 Trends and Developments, London, June 4, 2015.
- Moderator, “American Bankruptcy Institute Reform Commission’s proposed amendments to the Bankruptcy Code,” American College of Investment Counsel’s 2015 Annual Spring Investment Forum.
- Panelist, “Jurisdictional Challenges,” American Bankruptcy Institute Delaware Bankruptcy Views From the Bench Conference, Wilmington, Delaware, November 21, 2011.
- Co-chair, American College of Investment Counsel’s 2011 Annual Meeting and Education Conference.
