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Oscar N. Pinkas is a Co-Chair of the Global Restructuring & Special Situations Practice, and a member of the Corporate and Finance Practices.

Oscar is known for his dynamic leadership, creativity and practicality. He protects clients’ interests at every turn as a fierce competitor or with a deft touch, navigating their most difficult, unique, or sensitive problems with a tailored approach. Clients turn to Oscar for counsel in situations involving strategic, operational, or financial issues, with an emphasis on assisting investors, sponsors, privately-held companies, lenders/noteholders and funds to deploy, manage, exit and recover on their investments and financings, including in M&A, equity or debt (primary or secondary) transactions, growth, realignment, optimization, recapitalization and turnaround of companies, capital recoveries (including workout, drop-ins, taking ownership and foreclosure), and any attendant insolvency, disputes or litigation. His work is domestic and cross-border in nature, having advised on transactions and situations on 6 continents, involving up to 12 countries in any given instance and over 35 different countries in total.

Oscar has been named one of The Best Lawyers in America, a leader in M&A, Financing and Turnaround, and a Top Restructuring & Turnaround Professional. In addition, many transactions or restructurings Oscar has led have received awards due to the outsized results obtained. Those accolades equally show the skill and experience of his colleagues, with Greenberg Traurig’s Restructuring and Special Situations Practice named “The Elite” and Corporate/Finance Group named “Highly Regarded” by Chambers USA.

Transactions or Restructurings Oscar has been heavily involved in include: abc carpet & home, Accuride, A. Stucki & Co., ATP-UK, Avant Gardner, bebe stores, Brazos Electric, Cano Health, Del Monte Foods, Deluxe Entertainment, Design Group Americas, Dura Automotive Systems, Erickson, Fenix Parts, Fontainebleau, Gasfrac Energy, Global A&T Electronics, iMedia, InterCement, Inversiones Latin American Power, Lehman Brothers, Magnetation, Mavenir, Mesabi Metallics, Movie Gallery, NewComm Wireless, Ranger Offshore, Refco, Revlon, Rite Aid, Sanjel, Sea Containers, Sheridan Production Partners, Southern Water, Star Entertainment, Tropicana Entertainment, VIVUS, Walter Energy, Westpoint Home, WOM Chile, and Young Broadcasting.

Concentrations

  • Corporate
  • Cross-border restructuring matters
  • Distressed M&A, investing, and debt trading
  • Finance
  • Litigation and enforcement
  • Noteholder/loan recovery/workouts
  • Mergers and acquisitions
  • Out-of-court restructurings
  • Private equity
  • Restructuring, insolvency, and bankruptcy

The attorney is providing legal services through and affiliated with Greenberg Traurig, LLP, a New York Limited Liability Partnership. Prior results do not guarantee a similar outcome.

Capabilities

Experience

  • Automotive. Represented purchaser in take-private transaction to acquire a platform business that closed simultaneously with the acquisition of an add-on, recapitalization, new financing and introduction of a new management team. The acquisition averted a liquidation of the business.° Completed an out of court turnaround, 15 add-on acquisitions and two refinancings since that time.
  • Financial Services. Represented acquiror of equity interest in commercial lender with over $65 billion of assets.°
  • Food. Represented public company in $300 million purchase of leading food production and distribution company out of bankruptcy. The acquisition also permitted the client, a licensee of the debtors, to acquire ownership of all intellectual property in connection with its sales of food products worldwide.
  • Hospitality/Entertainment. Represented client in acquiring storied New York City entertainment venue from lender post-bankruptcy in order to redevelop the site to a permanent installation that operates year-round.
  • Hotel/Leisure. Represented investor in acquisition of controlling interest in casino enterprise through a debt for equity swap that discharged over $3 billion of liabilities. The investor made a large profit in an exit.°
  • Insurance. Represented insurtech and fintech business in multiple acquisitions of licenses, a book of business to winddown and a claims group from an insurance company in receivership. The acquisitions accelerated the client’s business plan by 3 years.
  • Mining. Represented purchaser in acquisition of company with assets with a book value of $750 million. The acquisition was completed in 5 months, without payment of any purchase price, and involved issuance of three tranches of debt and 12 interlocking settlements, together involving over 75 signatories.°
  • Mining. Represented investor in acquisition of equity interests in mining project as part of a restructuring that discharged over $4 billion of liabilities. The acquisition was the result of several months of consensus building amongst a fractured group of stakeholders, and averted a liquidation.°
  • Mining. Represented purchaser in acquisition and restart of three mining complexes. The complexes had previously been acquired for over $3 billion, and were restarted within 1, 3 and 8 months of acquisition, respectively. Total time from negotiation to first restart was 75 days. The investors made a large profit in an exit.°
  • O&G. Represented purchaser in acquisition of producing assets in the Permian Basin.°
  • O&G. Represented acquiror of barge fleet through an out of court restructuring. A consensual deal was obtained after acquiring defaulted debt of the seller to oust the board and force a consensual equity foreclosure.°
  • O&G. Represented purchaser in $150 million cross-border acquisition of cementing and fracturing operations.°
  • O&G. Represented purchaser in $100 million cross-border acquisition of fracturing operations.°
  • Pharmaceutical. Represented bondholders in take-private transaction through a debt for equity swap under a prepackaged plan in bankruptcy. The “full pay” plan was unique in that it approved one-off settlements with each of 14,000 shareholders through lack of objection as well as a settlement with directors and officers that waived potential indemnity claims.°
  • Power. Represented private equity fund in its acquisition of US operations of an electrical services contractor. The acquisition was effectuated by credit bid through a Canadian receivership and US Chapter 15 proceeding. Canadian operations were sold in a carveout transaction during the receivership.
  • Rail. Represented client in taking control of rail car parts manufacturer through preferred equity investment, which included an amendment and restatement of 1L debt and a restructuring of 2L debt.
  • Real Estate. Represented acquiror of stalled $2 billion hotel construction project. The acquisition was achieved by putting $375 million of contractors’ liens on the project in dispute to enable a free and clear sale. The investor made a large profit in an exit.°
  • TMT. Represented shareholder of telecommunications software company in its recapitalization. The transactions provided mixed consideration to lenders, eliminated five tranches of debt totalling over $1.4 billion, and allowed the client to retain a significant equity stake and operational control of the business. The transactions were especially complex in light of the multitude of lenders involved, the mixed consideration provided, operations in 20+ countries, and the need to navigate related antitrust as well as CFIUS issues.
  • TMT. Represented purchaser in acquisition of two television broadcasting networks out of bankruptcy. Total time from first involvement to closing was four weeks.
  • Aviation. Represented lender in workout of loan to aircraft leasing business.
  • Aviation. Represented lender in $100 million loan to aircraft leasing business. Lender was repaid in full through use of amendments to effectuate sales of collateral.
  • Aviation. Represented hedge fund as syndicate lender in out of court workout and foreclosure.°
  • Financial Services. Represented hedge fund in seven separate lending transactions to financial services companies, as well as disputes to recovery capital. Each was repaid in full. In one such dispute, strategies to extend meritless litigation allowed the client to capitalize upon running default interest in order to cause enhanced repayment of two loans.°
  • Health Care. Represented direct lender in restructuring of private equity portfolio company balance sheet involving partial paydown and partial conversion to preferred and common equity.
  • Hotel/Leisure. Represented syndicate of holders in recovery on $340 million of notes issued by troubled casino-hotel. Holders were prepaid par plus accrued in satisfaction of their notes.
  • Hotel/Leisure. Represented lender in $150 million exit financing facility to consummate reorganization of hotel enterprise.°
  • Infrastructure. Represented syndicate of midco noteholders owed over $400 million in workout and recovery from water authority issuer. The notes were reinstated at par in a restructuring effectuated through a Scheme of Arrangement.
  • Infrastructure. Represented direct lender in taking ownership of borrower in order to commission, moor and commercialize a specialty fuel distribution barge.
  • Infrastructure. Represented noteholder in workout and recovery on notes issued by Central American airport operator.°
  • Manufacturing/Distribution. Represented client in the reorganization and sale of a manufacturer and distributor of gift packaging, seasonal decor, stationery, and craft products operating in approximately 10 countries. In this novel structure, the client took ownership of approximately 40 entities prior to a bankruptcy filing, provided $50 million in bridge and DIP financing, and served as liquidator to the business in bankruptcy. The financing and sales enabled the company to maximize value so as to permit significant unsecured creditor recoveries.
  • Manufacturing. Represented lender in taking ownership of manufacturing company in walk-away deal with shareholders after multiple defaults on credit agreement and drop-in of independent director.
  • Manufacturing. Represented private equity fund in $75 million loan to manufacturing business.
  • O&G. Represented lending syndicate that received paydown of first-lien debt in restructuring and recapitalization of frac sand production company.°
  • Pharmaceutical. Represented lender in prepackaged plan of reorganization in bankruptcy whereby it took ownership of the enterprise and provided a $90 million exit financing facility to consummate restructuring.°
  • Power. Represented noteholders owed $400 million in restructuring and bankruptcy of electrical generation and transmission cooperative. Noteholders received notional recovery over 85% by taking ownership of collateral interest in a power plant and litigating recovery on rejection damages claim against bankrupt offtaker.
  • Real Estate. Represented DIP lender in financing to fund bankruptcy proceeding of real estate development, which enabled a sale of the development for over $150 million.°
  • Retail. Represented syndicate of over 20 lenders as prepetition and DIP lenders in recovery on over $3 billion of outstanding loans in bankruptcy court restructuring of nationwide retailer.
  • Retail. Represented lending syndicate in bridge financing to keep company out of bankruptcy and effectuate its restructuring to exit a brick and mortar business and focus on an online platform.°
  • TMT. Represented syndicate of lenders in recovery on loans through sales of the borrowers’ business lines. Averting liquidation required a superpriority, cross-border, emergency rescue loan, which was negotiated with two other sets of lenders and closed in 4 business days. Client recoveries exceeded expectations due to maneuvering and reallocation of sale proceeds through rescue loan negotiations.°
  • TMT. Represented second lien club lender in out of court restructuring. Lender’s recovery was greatly enhanced as a result of strategies around conversion of debt and offering enhanced recovery to first lien lenders.°
  • Aviation. Represented board of directors in out of court restructuring of aircraft services business. Successfully averted liquidation of the business on several occasions, culminating in a recapitalization and eventual sale of the business.
  • Automotive. Represented private equity sponsor in out of court restructuring of portfolio company in auto parts manufacturing.
  • Automotive. Represented private equity sponsor in out of court restructuring of portfolio company in auto parts manufacturing.
  • Automotive. Represented portfolio company in a two-year out of court turnaround post-acquisition.°
  • Automotive. Represented company in sale of troubled foreign subsidiary of corporate enterprise back to original owner as resolution of potential litigation against former owner concerning misrepresentations made during acquisition.°
  • Automotive. Represented private equity sponsor in walkaway deal with lenders for the out of court winddown of portfolio company in auto parts manufacturing.
  • Consumer Products. Represented portfolio company that supplies materials for crafts to consumers in effectuating a change of control to consolidate ownership in single sponsor while providing additional liquidity to the business to bridge to a turnaround and sale of the business.
  • Equipment. Represented private equity firm in taking ownership through restructuring of equipment sales, rental and service company, followed by the sale of the business two years later.
  • Financial Services. Represented German administrator regarding over $8 billion of claims against U.S. affiliates.°
  • Foreign Representatives. Represented administrators, monitors and receivers as foreign representatives in dozens of Chapter 15 cases, involving COMI in over a dozen countries.°
  • Fund Portfolios. Represented two private equity funds in navigating COVID-related business shutdowns and restarts across their portfolio companies.°
  • Insurance. Represented reinsurer in extended negotiation of forbearance. As a result of extended negotiations, company was able to negotiate a reduced loan payment and sell assets to payoff the lender.°
  • Manufacturing. Represented sponsor in maintaining ownership of portfolio company despite that secured debt exceeded enterprise value 2:1. In so doing, 2L debt was equitized and 1L debt was refinanced.
  • Manufacturing. Represented portfolio company in selling 6 divisions in a winddown of the business over the course of two years, followed by an ABC to effectuate distributions, eliminate trail liabilities, and dissolve the entities. The sales were complex in that three funds were the predominant secured lenders and equityholders and did not agree on the path for the business at several inflection points.
  • Mining. Represented foreign mining company in Chapter 11 preparation as contingency plan in the event there was no out of court solution with lenders. Succeeded in establishing the necessary nexus for U.S. jurisdiction and convincing the independent board of the virtues of Chapter 11 versus a foreign insolvency administration. Filing was averted by successful negotiation of an out of court sale process of sufficient duration to maximize value after the expected effects of COVID-19 subsided.°
  • O&G. Represented Canadian receiver of drilling services and equipment rental company in asset sales through a Chapter 15 proceeding.°
  • O&G. Represented UK administrator of oil and gas producer regarding substantial claims against US affiliates in respect of their refusal to fund development of an offshore oil and gas platform.°
  • Retail. Represented sponsor in maintaining ownership of portfolio company despite that secured debt exceeded enterprise value 2.5:1. A walkaway deal with lenders was negotiated for a 35% payout, which was consummated as a purchase of the enterprise involving old and new investors.
  • Retail. Represented textiles and home furnishings businesses in bankruptcy that restructured through a 363 sale transaction after averting liquidation several times prepetition. Notwithstanding little leverage and no competitive bids, the sale ensured an outsized recovery for unsecured creditors.
  • Retail. Represented minority equity holder in taking ownership of e-commerce re-seller through a rights offering and recapitalization that refinanced pre-existing lenders at an agreed discount.
  • TMT. Represented radio broadcast companies in their successful restructuring of over $1 billion of claims. Highest value was obtained by terminating exclusivity and submission of competing plans of reorganization whose confirmation was tried concurrently.°
  • TMT. Represented debtor in restructuring involving sale of substantially all assets that resulted in full payment to creditors and a significant recovery to equityholders.°
  • Financial Institutions. Represented non-profit educational institution as defendant in litigation concerning the propriety of termination of interest rate swaps. Settled without admission of liability for nuisance value.°
  • Health Care. Represented purchaser in suing former director and CEO of seller enterprise based upon misrepresentations as to the portion of the business acquired.  In so doing, obtained judgment and recovery from D&O insurance ahead of bankruptcy estate/litigation trust despite pending bankruptcy of seller enterprise as well as a release of significant insider preference claims.
  • Hotel/Leisure. Represented restructured companies in litigation over ownership of trademarks they were operating under. Settled without admission of liability and retained ownership of trademarks.°
  • Power. Represented noteholders in litigation and obtained $150 million recovery on claims that debtor asserted were not payable.
  • Power. Represented company and its principals in defending against threatened litigation by former shareholders for $400 million in damages. Developed counter-complaint of breach of fiduciary duties as well as conversion of company funds, which served as the leverage to resolve the claims pre-litigation.
  • IT Services. Represented private equity fund purchaser in obtaining release of earnout worth $50 million by leveraging claims of fraud relating to tax indemnity under a stock purchase agreement.°
  • Textiles. Represented acquiror and prevailed in three litigations by second-lien lenders seeking majority of equity in the enterprise as part of a restructuring.°
  • TMT. Represented private equity fund portfolio company in litigation in bankruptcy and state court in relation to claims of fraud in its acquisition. Ensured ride through treatment under former affiliates’ full-pay plan in bankruptcy and thereafter obtained a very favorable settlement on all claims with a value 25x what the defendant originally asserted claims were worth.°
  • Automotive. Represented creditors’ committee in restructuring of $1 billion revenue auto parts manufacturer operating 24 facilities in 12 countries. The committee supported the needs of the company while ensuring maximized recovery to creditors during COVID-19 and OEM shutdowns by giving the debtors breathing room to advance receivables, bringing operators and investors to the table to enable a sale, and shortly thereafter forcing a settlement to leave assets behind for unsecured creditors through the threat of litigation and a sale objection. The debtors, the bankruptcy judge and purchaser applauded the committee’s balanced efforts.°
  • Automotive. Represented equity committee in valuation fight that was resolved in the middle of confirmation trial whereby equityholders received a recovery of cash and warrants.°
  • Manufacturing. Represented creditors’ committee in achieving outsized recovery through discovery as well as sale and confirmation objections.°
  • Represented clients in guiding the outcome of restructurings as members of the creditors’ committee, including the largest unsecured creditors in MediaMath, Cano Health and WOM Chile.
  • Manufacturing. Represented indenture trustee as global counsel in the US, European and Asian countries in issuance of $665 million of notes upon consummation of plan of reorganization.°
  • Manufacturing. Represented indenture trustee of over $750 million of issued notes in restructuring of manufacturing business involving insolvency proceedings in 4 countries. The representation was unique in that the trustee had to advocate the interests of minority noteholders in one proceeding and its counsel has to serve on the creditors’ committee in another proceeding.
  • Retail. Represented indenture trustee of three securitization transactions totaling over $1.5 billion in the winddown of the related retailer and servicer.
  • Retail. Represented DIP indenture trustee as foreign counsel across multiple European countries and Australia, including recovery on $455 million of notes in insolvency filings in several of those countries.°
  • Retail. Represented indenture trustee of bonds issued by jewelry store operator. Despite liquidation, bondholders were paid in full.°
  • TMT. Represented indenture trustee of two series of unsecured notes totaling over $650 millon in cross-border bankruptcy of issuer, including as a member of the creditors’ committee.
  • Trust Services. Represented corporate trust services provider in sale of a portion of its trust business.°

°The above representations were handled by Mr. Pinkas prior to his joining Greenberg Traurig, LLP.

Recognition & Leadership

  • Chambers USA Guide, Bankruptcy/Restructuring, 2025-2026
  • Lawdragon, “500 Leading Global Bankruptcy & Restructuring Lawyers,” 2025-2026
  • The Best Lawyers in America, Litigation - Bankruptcy, 2023-2026
  • The Legal 500 United States, Finance > Restructuring (Including Bankruptcy): Corporate, 2026
  • “Top Restructuring & Turnaround Professional,” 2022^
  • “Emerging Leader in M&A, Financing and Turnaround,” 2017*
  • Super Lawyers, “Top Attorney,” Bankruptcy: Business, Creditor/Debtor Rights, 2020-Present
  • Legal Team Leader, M&A and Finance
    • “Large Company Turnaround/Transaction of the Year”, 2026’
    • “USA Recapitalization Deal of the Year (mm),” 2025^
    • “Healthcare/Life Sciences Deal of the Year in the over $1 billion range,” 2025*
    • “Restructuring of the Year (Media),” 2023^
    • “Distressed M&A Deal of the Year,” 2018^, 2023*
    • “Refinancing Deal of the Year,” 2023*
    • “Recapitalization of the Year,” 2022^
    • “M&A Deal of the Year,” 2018*
    • “Financials Deal of the Year,” 2020, 2021*
    • “Materials Deal of the Year,” 2017 and 2025*
    • “Consumer Discretionary Deal of the Year,” 2017 and 2025*
    • “Community Impact Deal of the Year,” 2017^
  • Legal Team Leader, Restructuring and Bankruptcy
    • “Large Company Turnaround/Transaction of the Year”, 2026’
    • “Energy & Utilities Restructuring of the Year,” 2026*
    • “Cross-border Restructuring of the Year in the $100 million to $1 billion range,” 2025*
    • “Out-of-court Restructuring of the Year in the $100 million to $500 million range,” 2025*
    • “Chapter 11 Reorganization of the Year in the $100 million to $500 million range,” 2025*
    • “Large Turnaround Award,” 2024*
    • “Pre-pack Restructuring Award,” 2024*
    • “Media Restructuring Transaction Award,” 2024*
    • “Turnaround of the Year (Large),” 2023^
    • “Restructuring of the Year,” 2023*
    • “Chapter 11 Restructuring of the Year,” 2022^
    • “Cross-Border Turnaround of the Year,” 2018^
    • “Restructuring Deal of the Year,” 2019, 2020, 2021, 2023*
    • “Pre-pack Restructuring of the Year,” 2020, 2023^
    • “Out of Court Restructuring of the Year,” 2019^
    • “Corporate Turnaround of the Year,” 2021^
    • “Financials Restructuring of the Year,” 2021^

A description of the selection methodology for the above awards can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

Awards noted with a * are from The M&A Advisor, with a ^ are from Global M&A Network, and with a ‘ are from the Turnaround Management Association.

  • Leadership Council, The Honorable Tina Brozman Foundation for Ovarian Cancer Research
  • Advisory Board, American Bankruptcy Institute
  • Advisory Counsel, Association of Insolvency & Restructuring Advisors
  • Member, American College of Investment Counsel
  • Member, INSOL International
  • Bankruptcy Committee Member, UJA Federation of New York

Credentials

Education
  • J.D., Seton Hall University School of Law
  • M.B.A., with honors, Solvay Business School, Université Libre de Bruxelles
  • B.A., Rollins College
Judicial Clerkships
  • Hon. Donald H. Steckroth, U.S. Bankruptcy Court for the District of New Jersey
Admissions
  • New York
  • New Jersey
  • Florida

Related Capabilities

Restructuring & Special Situations Private Equity Mergers & Acquisitions Finance Corporate Mining Distressed High-Yield Bond Workout Group Latin America Practice