Michael Sirota is the co-managing shareholder of Cole Schotz and co-chair of the firm’s Bankruptcy & Corporate Restructuring Department. He is a trusted advisor to large corporations and many high net worth individuals. He has restructured billions of dollars of distressed debt both in and outside of the courtroom, and represents clients in high stakes litigation at the trial and appellate level, in state and federal courts throughout the country. Michael is respected by client and adversary alike for his meticulous preparation, litigation prowess, and diplomatic style. In a recent complex commercial litigation matter, culminating in a 20-day evidentiary hearing, Michael’s abilities were described as follows:
“I’ve known Mike since early in my career and it has been apparent since day one that he is an intelligent, thought-provoking individual with a rare ability to command a room. His candor, thoroughness and unrivaled talent makes him a highly effective trial attorney. I’m pretty much a control freak, but when it comes to high-stakes litigation, I put it all in Mike’s hands. There is no one better.”
-Andrew J. Russell, Founder and Chief Executive of Stairway Capital
In the restructuring context, Michael represents publicly and privately held debtors, trustees, secured and unsecured creditors, equity holders, indenture trustees, venture capitalists, private equity/hedge funds and parties with strategic interests in distressed situations and insolvency proceedings throughout the country. He is sought out by his clients for counsel on a range of issues as a trusted friend and advisor and by the media as a knowledgeable source, having appeared on CNN Moneyline and Fox Business.
Described as "one of the best" and "enormously quick on his feet" in Chambers USA, Michael has the unique distinction of being admitted as a Fellow in both the American College of Bankruptcy and Litigation Counsel of America.
No aspect of this advertisement has been approved by the Supreme Court of New Jersey. See Award Methodology.
Representative Restructuring Matters
In addition, Michael has been lead counsel in countless restructurings including the following companies: Manchester Mall, Inc., EnCap Golf Holdings, LLC, Princeton Ski Shops, Best Manufacturing Group, LLC, Burke Industries, Inc., Topps Appliance City, Inc., Knights Lodging, Inc., Economy Lodging Systems, Inc., Carretta Trucking, Inc., Horowitz/Rae Book Manufacturers, Inc., Hit or Miss, Inc., Integral Nuclear Management, Workbench Furniture, Inc., Jazz Photo Corp., Linens 'N Things, and has represented substantial parties in the bankruptcy proceedings of K-Mart, Bethlehem Steel, New Valley Corporation, Bayonne Medical Center, Kara Homes, Rickel Home Centers, Inc., Neuman Distributors, Inc., Keystone Camera Corporation, MacGregor Sporting Goods, Inc., Mutual Benefit Overseas, Inc., Grand Court Lifestyles, Inc., Bradlees Stores, Inc., and Agway, Inc
Representative Complex Litigation Matters
He co-authored West Publishing’s New Jersey Practice Series Sirota and Meisel, Debtor-Creditor Law Practice (2018), the New Jersey Bankruptcy Manual and has written numerous articles.
A frequent lecturer and author on bankruptcy topics for the New Jersey Institute for Continuing Legal Education, Michael has been selected for inclusion in Best Lawyers in America® (since 2000) and has been included in the Top 10 and Top 100 New Jersey Super Lawyers® list since 2005. He has also received the highest ranking by Chambers USA: America’s Leading Lawyers for Business for the past eight years. Michael has served as a member of the Lawyers Advisory Committee for the United States District and Bankruptcy Courts for the District of New Jersey. He served on the 2006, 2007, 2009 – 2012 and 2019 United States Magistrate Judges Judicial Selection Committee for the United States District Court and the 2006, 2013 and 2014 Merit Selection Committee for United States Bankruptcy Judges in New Jersey.
Michael is actively involved professionally as a member of the American Bankruptcy Institute, as former Master, in the Bankruptcy Inn of Court, and as a member of the Board of Advisors for the New York State Bar Association’s Managing Partners Conference.
Michael earned his J.D., cum laude from Syracuse University College of Law.
Syracuse University College of Law, J.D., cum laude, 1986
As published in: FOLIO February 5, 2019
As published in: Bloomberg Big Law Business February 4, 2019
As published in: CityBizList February 3, 2019
New York Law Journal September 25, 2017Rebecca Hollander and Michael D. Sirota
COMMERCE Magazine November 6, 2015Michael D. Sirota
ABI Labor and Employment Committee Newsletter December 4, 2014Michael D. Sirota and Ryan T. Jareck
Law360 February 3, 2014David M. Bass, Michael D. Sirota and Ryan T. Jareck
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