Gayle Ehrlich provides business counsel in the areas of litigation, commercial law and restructuring in matters throughout the United States. Gayle often represents clients involved in financially distressed situations, representing creditors, debtors, sellers or buyers of businesses. She enjoys a varied practice, concentrating on providing clients with sensible, solution-based counseling. Chambers has commended Gayle, stating that she has a "complete grasp of the convoluted details of bankruptcy law; she has a great deal of experience and, more importantly, she thinks like a business person."
Gayle served as law clerk to the Honorable Harold Lavien, U.S. Bankruptcy Court (1985-1987). She was the corporate secretary and a member of the Executive Committee of the International Turnaround Management Association from 2006-2008, rejoining the Executive Committee for 2010. She currently co-chairs the Awards Committee.
Recent Experience
- Global Energy Holding, Inc., et al. – Represent affiliated diversified renewable energy companies and successor liquidating trustee in Chapter 11 cases pending in Delaware
- Nyer Medical Group, Inc. – Corporate restructurings of publicly traded entity completed in consort with acquisition financing
- International Lender - Representing an international financial institution in the pursuit and recovery of substantial claims against individuals in Federal Court in Rhode Island
- Lexington Precision Corp. – Represented Indenture Trustee in reorganization of auto parts and medical device supplier
- City of New Orleans – Represented the Council for the City of New Orleans in the Chapter 11 reorganization of the gas and electric utility serving the city following the devastation caused by Hurricane Katrina
- Global Service Group, LLC – Obtained dismissal of an action brought against a lender asserting liability under the theories of deepening insolvency, marshalling and equitable subordination
- Alterra Healthcare Corp. - Assisted a client in providing post-bankruptcy financing of approximately $70 million through mortgage and sale/leaseback arrangements on facilities in 10 states, and was heavily involved in the plan confirmation proceeding
Honors & Distinctions
Chambers USA, Leading Lawyer in Bankruptcy/Restructuring, 2010 & 2011
Massachusetts Super Lawyers, 2004-2010
Charter Fellow, Litigation Counsel of America
Professional Activities
Chair, Awards Committee, International Turnaround Management Association, 2011
At-large member, Executive Committee International Turnaround Management Association, 2010
Chair, Corporate Governance Task Force, International Turnaround Management Association, 2009
Corporate secretary and member, Executive Committee, International Turnaround Management Association, 2006-2008
Nominations Committee, International Turnaround Management Association, 2008
Board of Directors, International Turnaround Management Association, 2005-2009
President, Northeast Chapter Turnaround Management Association, 2003-2005
Board of Directors, Northeast Chapter Turnaround Management Association, 1998-2005
Publications
Pooling Expertise to Address Credit Crunch Fallout, The Journal of Corporate Renewal (July 2008)
Managing Risk in a Turnaround Engagement, The Journal of Corporate Renewal (April 2008)
Bankruptcies Down, but experts say Lull Temporary, Boston Business Journal, Quoted (June 23, 2006)
Litigating in Bankruptcy Court, Litigation Counsel of America, Spring Conference (June 2007)
Avoidance and Recovery of Fraudulent Transfers (Or, All About Timing and Control), Protecting Assets from Creditors, Massachusetts Continuing Legal Education Series (January 1, 2001)
Directors and Officers Liability Insurance as it Relates to Bankruptcy, American Bankruptcy Institute Northeast Bankruptcy Conference (July 2001)
Prepackaged and Prenegotiated Plans of Reorganization, The Telecommunications Industry Bankruptcy and Workout Forum (September 1999)