Sam J. Alberts is a Chambers-rated member of Dentons' Restructuring, Insolvency and Bankruptcy group. He has extensive experience in complex domestic and cross-border business and government-related restructurings and bankruptcies. He has represented debtors, committees, lenders, creditors, special servicers, trustees, sovereigns, nongovernmental organizations, landlords and purchasers of distressed assets in all phases of reorganization.
Sam is an experienced litigator with first-chair trial experience in a variety of business-related matters in state and federal court. He has represented parties in some of the largest cases in the United States and around the world, including Reader's Digest, Kodak, Lehman Brothers, Washington Mutual Bank, WIND Hellas Telecommunications, Mirant and Refco, as well as the AHERF chapter 11 cases.
Sam has significant experience representing committees of unsecured creditors and other parties. He is currently one of the lead attorneys representing the Official Committee of Retirees for the City of Detroit, Michigan, the largest municipal bankruptcy case in US history. He has also represented several committees in distressed health care cases, including the Official Committee of Unsecured Creditors in the Hospital Partners of America and the Official Committee of Unsecured Creditors in Middlebrook Pharmaceuticals, Inc.; the latter case resulted a distribution on all allowed claims of 100% plus interest. He represented the Official Committee of Unsecured Creditors in The Clare at Water Tower, as well the Official Committee of Unsecured Creditors in both the first and second chapter 11 cases of Greater Southeast Hospital; he also serves as the Plan Trustee in the second case, where he oversaw the prosecution and resolution of hundreds of avoidance actions. He represented the Commonwealth of Pennsylvania in the AHERF cases and acted as debtor's counsel in the chapter 11 case of Response Oncology Inc., a multi-state cancer treatment system.
Sam currently represents the US Federal Deposit Insurance Corporation in several failed bank matters and the US Pension Benefit Guaranty Corporation in the Kodak chapter 11 cases. In 2009, he represented the European Investment Bank in a US$1 billion financing of Ford plants in Eastern Europe, at a time when the US automobile industry was in significant distress. Sam has experience representing customers and other large claim holders in broker-dealer insolvencies, and he has represented the International Finance Corporation in the financial restructuring of the largest airport in Costa Rica, named IFC's best recovery in 2010.
Sam is admitted to practice before state and federal courts in the District of Columbia, Virginia and Washington State, as well as the federal courts of Maryland. He makes appearances in bankruptcy courts across the country, including the key jurisdictions of Delaware and New York. Sam is a member of the American Bankruptcy Institute, where he currently serves as a chair of the Labor and Employment Committee. He has also served on the board of directors of the American Bankruptcy Institute’s "Views from the Bench" series.
Honors and Awards
- Martindale Hubbell A/V rated, 2003 – Present
- Best Lawyers in America, 2010 – Present
- Voted Washington, DC, Super Lawyer, Super Lawyers magazine, 2013
- Voted Top Lawyer, Bankruptcy, The Washington Business Journal, 2006, 2007
In the Media
Since 2005, Sam has been named in Best Lawyers in America and in Chambers USA: America’s Leading Lawyers for Business in the area of Bankruptcy/Restructuring. He was also named by the Washington Business Journal as the Washington, DC, area’s Top Bankruptcy Lawyer in 2006 and 2007, and he was a finalist for the honor in 2008.
- Co-author, "Restructuring Municipalities: A Primer for the Potentially Approaching Storm," The National Law Journal, February 21, 2011
- Co-author, "Healthcare Cases–Get Thee to a Specialist, Stat," The Bankruptcy Strategist, November/December 2008
- Author, "After Takeover Comes the Hard Part," The Atlanta Journal-Constitution, September 2008
- Co-author, "Enhancing Value Without US Tax Consequences Through Restructuring," White & Case Global Tax Report, September 2008
- Co-author, "Foreign Debtors Beware! Globopar Recognizes That You May Be Hauled into a US Bankruptcy Case Involuntarily," American Bankruptcy Institute Journal, March 2005
- Co-editor, Health Care Insolvency Manual, 2nd Edition, American Bankruptcy Institute, 2005
- Contributing author, Mid-Atlantic Institute on Bankruptcy and Reorganization Practice, 1996 – 2001
Activities and Affiliations
- Speaker, "10th Annual CLE Seminar for In-House
Counsel", St. Louis, MO, June 22, 2012
- Moderator, "Evolving Labor Issues in Chapter 11," ABI webinar,
May 23, 2012
- Speaker, "Intercreditor Issues in Complex Bankruptcies," ABI's
30th Annual Spring Meeting, National Harbor, MD, April 21,
- Guest, "Should States be Allowed to Declare Bankruptcy?" Fox
Business, Washington, DC, January 2011
- Moderator, "PLI’s Global Financial Issues 2010: Preparing for
the Future Program," New York, NY, August 2010
- Speaker, "Government Regulation of Executive Compensation,"
Atlantic Television Network, Washington, DC, August 2009
- Speaker, "American Dream," Press TV, one-hour roundtable
discussion of the status of the recently proposed US mortgage
bailout and automobile industry, Washington, DC, February 2009
- Speaker, "Economy," Atlantic Television Network, Washington,
DC, September 2008
- Speaker "The State of the U.S. Economy," Atlantic Television
Network, The American Dream, Washington, DC, July 2008
- Panelist "Deepening Insolvency," Maryland Bankruptcy Bar
Association’s 11th Annual Spring Break Weekend, Annapolis, MD, May
- Co-host, "The Distressed Energy Market Roundtable:
Uncertainties, Risks, Opportunities," White & Case client
seminar, New York, February 2006