Paul J. Keenan Jr.

Paul J. Keenan Jr.

Shareholder

Paul Keenan is a shareholder in the Restructuring & Bankruptcy Practice. Paul’s practice includes the representation of corporate debtors and creditors in bankruptcy cases, receiverships, assignments for the benefit of creditors, loan workouts, asset sales, wind downs and UCC foreclosures. He represents clients in courts across Florida and nationwide, including wide-ranging experience before the bankruptcy courts in Delaware. Paul also provides insolvency-related structuring advice and legal opinions in connection with complex financial transactions. He is a past President of the Bankruptcy Bar Association for the Southern District of Florida.

Paul has substantial experience in cross-border bankruptcies and restructurings. He speaks Spanish and has experience living and working in Latin America and the Caribbean. He is a Fellow of INSOL International for having completed an intensive course in cross-border restructurings. Among other accomplishments in this area, Paul was one of the lead restructuring lawyers for Satélites Mexicanos, S.A. de C.V., whose restructuring of $420 million of debt was awarded the "Restructuring Deal of the Year Award" by Latin Lawyer magazine. Paul was also one of the lead attorneys in obtaining official recognition in Colombia of a U.S. Chapter 11 bankruptcy case under the UNCITRAL Model Law on Cross-Border Insolvency for a company operating in both the United States and Colombia, which was the first time the courts of Colombia had granted such recognition.

Before attending law school, Paul served as an officer in the United States Navy on active duty for seven years.

Concentrations

  • Domestic and cross-border corporate restructurings
  • Bankruptcy litigation
  • Sales of distressed assets
  • Loan workouts
  • Secured transactions
  • Receiverships
  • Assignments for the benefit of creditors
  • UCC foreclosures
  • Insolvency opinions
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Capabilities

Experience

  • Represented Optima Specialty Steel, a steel manufacturing company with 900 employees and manufacturing facilities in five different states, in the restructuring of $320 million in debt through a Chapter 11 plan of reorganization filed in Delaware.
  • Represented Liberty Medical, a nationwide provider of medical supplies and equipment, in its Chapter 11 reorganization case filed in Delaware.
  • Represented Satélites Mexicanos, S.A. de C.V., a Mexican satellite company, in its restructuring of more than $400 million in debt through a prepackaged Chapter 11 bankruptcy case filed in Delaware.
  • Represented Wickes Furniture, a national retail furniture chain with more than $400 million in annual revenue, in its Chapter 11 bankruptcy case filed in Delaware.
  • Represented the debtor-in-possession lender for HMX, LLC, the manufacturer of men’s clothing by Hickey Freeman and Hart Schaffner Marx, in its Chapter 11 bankruptcy case filed in the Southern District of New York.
  • Represented a private equity firm in securing the "stalking horse" position in a $60 million "363" asset sale in the Chapter 11 bankruptcy case of Arch Aluminum & Glass filed in Florida.
  • Represented an ad hoc committee of aircraft purchasers in the Chapter 11 bankruptcy case filed in Delaware for Eclipse Aviation, a jet aircraft manufacturer.
  • Represented an ad hoc committee of off-track betting facilities in the Chapter 11 bankruptcy case filed in Delaware for Magna Entertainment, a national owner and operator of horse racetracks.
  • Represented a national mortgage loan originator and servicer in its Chapter 11 bankruptcy case in Arizona.
  • Represented a Chapter 11 trustee in the bankruptcy case filed in Florida for a regional retail chain with over 60 stores in the southeastern United States.
  • Represented a South Florida automobile dealership in the Chapter 11 bankruptcy case filed in California for an automobile manufacturer. 
  • Represented the largest creditor in the receivership of a 500-unit condominium association in South Florida. 
  • Represented a major cruise line in the negotiation, drafting and bankruptcy court approval of a DIP financing facility to facilitate the restructuring of one of its crucial vendors in Florida.
  • Representing foreign representative of Recaudo Bogotá S.A.S. (Colombia) in connection with its Chapter 15 case involving approximately $100 million in debt.
  • Represented a large Caribbean telecommunications company in all aspects of its corporate reorganization and restructuring of $500 million in debt.
  • Represented a Mexican satellite company in its prepackaged Chapter 11 bankruptcy case filed in Delaware.
  • Represented the largest creditor ($20 million) in the bankruptcy case of an engineering and design company filed in Germany.
  • Represented creditors in various bankruptcy cases and out-court-restructurings in Mexico, Colombia, Brazil and Argentina.
  • Represented U.S. investors in the corporate restructuring of an Argentine charter airline.
  • Summer Associate, Baker & McKenzie, Buenos Aires, Argentina, 1998
    • Responsible for drafting and translating legal documents for numerous transactions, including the privatization of a Central American telephone company.
  • Officer, United States Navy, 1990-1997
    • USS Nassau (LHA-4)
    • Military advisor to Colombian Navy and Coast Guard, U.S. Embassy, Bogota, Colombia

Recognition & Leadership

  • Listed, The Best Lawyers in America, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, 2017-2019
  • Member, Winning Team, Global M&A Network’s Turnaround Atlas Award, "Chapter 11 Restructuring of the Year - Middle Markets," for the restructuring of Optima Specialty Steel, 2018
  • Winner, Daily Business Review, "Most Effective Lawyers," 2018
  • Listed, Chambers USA Guide, 2014-2018
  • Listed, The Legal 500 United States, 2011, 2016, and 2018
  • Member, first Next Generation class of the International Insolvency Institute
  • Fellow, INSOL International
  • Member, Winning Team, M&A Advisor Awards, "Healthcare and Life Sciences Deal of the Year (from $10mm to $500mm)" for the Chapter 11 sale of ATLS Acquisition, LLC, dba Liberty Medical Supply, Inc., 2015
  • Member, Winning Team, Global M&A Network’s Turnaround Atlas Awards, "Turnaround of the Year - Small Markets" for the restructuring and sale of ATLS Acquisition, LLC (dba Liberty Medical), 2015
  • Member, Winning Team, M&A Advisor’s Turnaround Awards, "Restructuring of the Year (Over $100mm to $500mm)" and Consumer Services Deal of the Year” for the restructuring and sale of ATLS Acquisition, LLC (dba Liberty Medical), 2015
  • Member, Winning Team, Global M&A Network’s Turnaround Atlas Award, "Chapter 11 Reorganization of the Year (Over $100 million to $1 billion)," for the Chapter 11 reorganization of HMX, LLC, 2014
  • Member, Winning Team, U.S. News - Best Lawyers "Law Firm of the Year" in Bankruptcy & Creditor Debtor Rights / Insolvency & Reorganization Law and Litigation – Bankruptcy, 2013
  • Finalist, Daily Business Review, "Top Dealmaker of the Year - Corporate (International) Category," 2012
  • Member, Winning Team, Latin Lawyer's "Deal of the Year - Restructuring" Award, 2012
  • Member, team selected by Chambers and Partners, "Corporate & Finance - Law Firm of the Year (Florida-Based)" Award, Chambers Latin America Awards, 2010
  • Listed, Super Lawyers magazine, Florida Super Lawyers, "Rising Star," 2009-2010
  • Team Member, "Focus on Latin America - Law Firm of the Year (Florida-Based)," Chambers Latin America Inaugural Awards for Excellence, 2009
  • Board Member, Broward Navy Days, Inc., Board of Directors, 2014-Present
  • Member, American Bankruptcy Institute
    • Membership Relationship Manager, International Committee, 2014-2015
  • Member, American Bar Association
  • Member, INSOL International
    • Chair, Latin America Committee
    • Chair, Model Law Implementation Steering Committee
  • President, Bankruptcy Bar Association, Southern District of Florida, 2009-2010

Credentials

Education
  • J.D., magna cum laude, University of Miami School of Law, 2000
    • Editor and Contributing Author, University of Miami Law Review
    • Foreign Student in Residence at the University of Buenos Aires School of Law
  • M.M.A., University of Rhode Island, 1996
    • Master of Marine Affairs
  • B.A., Tufts University, 1990
    • University of Salamanca, Spain, 1989
Admissions
  • Florida
  • U.S. District Court for the Southern District of Florida
  • U.S. Bankruptcy Court for the Southern District of Florida
  • U.S. District Court for the Middle District of Florida
  • U.S. Bankruptcy Court for the Middle District of Florida
  • U.S. Bankruptcy Court for the District of Massachusetts
  • U.S. Court of Appeals for the Eleventh Circuit
Languages
  • Spanish