Carren Shulman has been elected a member of the International Insolvency Institute, a nonprofit, limited-membership organization of leading insolvency professionals dedicated to promoting efficient insolvency systems and procedures. The Institute’s members are accepted into the elite group by invitation only and comprise the leaders of the insolvency community from the legal, judicial, academic and regulatory communities. This year, the group accepted 16 new members from 10 different countries. The total membership of the organization is limited to 350 members and is represented in 60 countries.
The International Insolvency Institute’s primary objectives include improving international cooperation in the insolvency area and achieving greater coordination among nations in multinational business reorganizations and restructurings. The Institute’s membership of the most senior and respected insolvency practitioners, judges and academics in the world has valuable liaisons with many of the most senior regulatory and administrative professionals in the insolvency field.
Ms. Shulman is a partner in Sheppard Mullin’s Finance and Bankruptcy practice group and a member of the firm's Executive Committee. She focuses her practice on bankruptcy and business reorganization, commercial litigation, and creditors’ rights. For twenty years, Ms. Shulman has represented debtors, committees, Chapter 11 trustees, trade creditors and lenders in bankruptcy and out-of-court workouts, and has advised corporate trustees in default administration. She also advises secured and unsecured creditors in transactions to ensure the protection of their valuable business interests in and out of bankruptcy both domestically and internationally, and advises clients in complex negotiations with distressed companies over intellectual property rights. Additionally, she is a board member of IWIRC, the International Women’s Insolvency & Restructuring Confederation, and the Leader of IWIRC’s delegation at UNCITRAL, Working Group V, where they have the honor each year of participating in the meetings to recommend changes to the International Model Law on Insolvency adopted by dozens of countries worldwide, and to the related Guides.
Ms. Shulman joins Sheppard Mullin partner Ed Tillinghast and of counsel Joel Ohlgren as International Insolvency Institute members.
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Jay E. Gerzog and Eric L. Altman have joined Sheppard, Mullin, Richter & Hampton LLP’s New York office as members of the firm’s Healthcare practice, which was recognized in January 2014 by Law360 as U.S. Health Law Practice Group of the Year. Mr. Gerzog joins as a partner in the firm’s Corporate practice group, and Mr. Altman joins as a partner in the Real Estate, Land Use and Environmental practice group. Mr. Gerzog will also be a member of Sheppard Mullin’s Not-for-Profit industry group. They join from Epstein Becker & Green, P.C. Tamar R. Rosenberg, a senior associate at Epstein Becker, with significant experience in representing hospitals and a wide variety of other not-for-profit institutions on tax-exemption and corporate compliance matters, will be joining Mr. Gerzog and Mr. Altman at Sheppard.
Mr. Gerzog advises clients on the corporate, healthcare, federal tax and state not-for-profit law implications of structuring complex corporate affiliations and disaffiliations, joint ventures, and mergers and acquisitions among tax-exempt organizations and between tax-exempt and for-profit organizations, particularly those involving hospitals, academic medical centers, managed care organizations, physician groups and other healthcare providers and payers. He counsels governing boards and senior management of tax-exempt and not-for-profit institutions on the development and implementation of corporate organizational structures, corporate governance, fiduciary duties, conflict of interest, ethics, audit, and executive compensation best practices and tax-exempt status compliance programs and policies, including management structures and internal control systems, to prevent and detect violations of law. Mr. Gerzog has extensive experience in representing not-for-profit clients with the state and federal tax and not-for-profit law regulatory process in corporate restructurings, reorganizations, and conversions of not-for-profit organizations to for-profit status. Together with Mr. Altman, Mr. Gerzog has played a central role in many of the hospital system restructuring transactions that have reshaped the New York health care market.
Mr. Altman has extensive experience in representing domestic and global clients in all aspects of complex commercial real estate transactions on a national and local basis. He represents clients in connection with large institutional facilities, clinics, assisted care facilities, and medical office buildings to help manage their healthcare-related real estate assets. He assists clients with the acquisition, development, and disposition of commercial, industrial, and office properties.