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Mr. Al J. Togut

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Mr. Al J. Togut

Albert J. Togut is the senior member of Togut, Segal & Segal, LLP in New York, where he pioneered the use of conflicts counsel in mega-cases, and co-chaired ABI?s Commission to Study the Reform ofChapter 11. For the past 46 years, he has specialized in bankruptcy law to the exclusion of all other areas of practice. Since Mr. Togut formed the firm in 1980, he has served as counsel to the debtor, official committee, or principal owner in some of the largest and highest-profile chapter 11 cases, including LATAMAirlines, McClatchy Newspapers, Pacific Drilling, Westinghouse, American Airlines, Kodak, LehmanBrothers Aurora, General Motors, Chrysler Automotive, Enron, Toisa Shipping, Dewey & LeBeouf, Relativity Media, Avaya, Nautilus, Ambac Financial, SunEdison, Aeropostale, A&P, Delphi Automotive, Collins & Aikman, St. Vincent?s Hospitals, Charter Communications, Loehman?s, Frontier Air-lines, Tower Automotive, Winn-Dixie, Ames Department Stores, Loew?s Cineplex, SK Global, Daewoo International (America) Corp. (which together with its Korean parent underwent the largest non-sovereign debt restructuring in history with aggregate liabilities exceeding $70 billion), Allegiance Telecom,OnSite Access, Joan and David Helpern Inc., and ContiFinancial Corp. Since 1981, he has been an active member of the trustee panel maintained by the Department of Justice in the Southern District ofNew York and has served as trustee in several thousand bankruptcy cases under chapter 11 and chapter 7of the Bankruptcy Code. Mr. Togut is registered as a mediator in the Southern District of New York and was appointed mediator for a dispute with the note holders of Solutia that was settled for $220.5 million.He is a Fellow of the American College of Bankruptcy, a Fellow of the International Insolvency institute, co-chair of ABI?s Commission to Study the Reform of Chapter 11, and a former ABI director and chair of its New York City Bankruptcy Conference. He also served on the ABI?s fee-study commission, which has provided the most comprehensive, independent look at professional fees in chapter 11 cases to date.Mr. Togut was twice a member of the Committee on Bankruptcy and Reorganization of the Association of the Bar of the City of New York, a member of the International Bar Association, and a past president of the Bankruptcy Lawyers Bar Association of New York. In 2019, he was honored by the Lincoln Center Corporate Council for his leadership in corporate reorganizations. Mr. Togut received his B.S. fromNew York University in 1971 and his J.D. from St. John?s University School of Law in 1974.