Artem Skorostensky, Goodwin Procter LLP Associate, practices Financial Restructuring

Artem Skorostensky

Associate
Artem Skorostensky
New York
+1 212 813 8989
Artem Skorostensky is an associate in Goodwin’s Financial Restructuring practice, based in New York. He joined the firm in 2018. Mr. Skorostensky represents corporate debtors, equity sponsors, secured and unsecured creditors, asset purchasers, committees and other parties-in-interest in out-of-court restructurings, bankruptcy proceedings and insolvency-related matters.

Experience

Artem's representative matters include representing major stakeholders in the following matters:

  • Amyris, Inc., Representation of Foris Ventures, LLC and certain affiliated entities, as prepetition lenders, DIP lenders, and plan sponsors in the chapter 11 cases of Amyris, Inc. and its affiliates, which successfully discharged approximately $1 billion of secured and unsecured debt, renegotiated key customer contracts, streamlined manufacturing operations, and funded $190 million of new capital for reorganized Amyris’ operations
  • DBMP, representing CertainTeed LLC in chapter 11 proceedings.
  • Mallinkrodt, representing Teva Pharmaceuticals in chapter 11 proceedings.
  • Puerto Rico, representing two multinational investment banks in Title III proceedings.
  • Evergreen Gardens, representing the mezzanine and DIP financing lender in a complex multi-party restructuring transaction consummated though a prepackaged chapter 11 proceedings in the Bankruptcy Court for the Southern District of New York.
  • Cred, Inc., representing cryptocurrency brokerage and asset management corporation as defendant in preference action in chapter 11 proceedings arising from cryptocurrency loan agreement and related redemptions.
  • SolarWorld Americas, representing Solar energy equipment supplier in connection with its orderly wind-down effected via assignment for the benefit of creditors under Delaware state law.
  • Rochester Drug Co-Operative, representing multiple vendors as defendants in separate preference actions in chapter 11 proceedings.
  • Proteus Digital Health, representing the developer of digital medicine technologies as debtor-in-possession in its Chapter 11 case, resulting in a successful sale and unanimous, unopposed confirmation of a Chapter 11 plan providing meaningful recoveries to general unsecured creditors.
  • Il Mulino Restaurants, representing senior secured lender, Benefit Street Partners, in chapter 11 proceedings.
  • Gibson Brands, representing the iconic guitar manufacturer as debtor-in-possession in its successful restructuring of approximately $500 million of funded debt obligations through a Chapter 11 plan.
  • Purdue Pharma, representing Teva Pharmaceuticals in chapter 11 proceedings.
  • Sears Holdings Corporation, representing various vendors and landlords.

Professional Activities

Mr. Skorostensky is a member of the American Bankruptcy Institute and the Turnaround Management Association.

Professional Experience

Prior to joining Goodwin, Mr. Skorostensky clerked for the Honorable Mary Kay Vyskocil, U.S. Bankruptcy Judge for the Southern District of New York and the Honorable Stacey L. Meisel, U.S. Bankruptcy Judge for the District of New Jersey.

During law school, Mr. Skorostensky participated in the Consumer Justice for the Elderly: Litigation Clinic and the Securities Arbitration Clinic. He also served as an intern for the Honorable Sean H. Lane, U.S. Bankruptcy Judge for the Southern District of New York and the Honorable Chief Judge Carla E. Craig, U.S. Bankruptcy Judge for the Eastern District of New York.

Credentials

Education

JD2016

St. John's University School of Law

(Dean's List)

Bachelor in Business Administration2012

Hofstra University

Frank G. Zarb School of Business

Clerkships

U.S. Bankruptcy Court for the Southern District of New York, Honorable Mary Kay Vyskocil

U.S. Bankruptcy Court for the District of New Jersey, Honorable Stacey L. Meisel

Admissions

Bars

  • New York

Courts

  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Eastern District of New York

Publications

Artem's recent publications include: