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. Artem 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.

Representative Matters

  • CertainTeed LLC: Representation of CertainTeed, parent company of DBMP LLC, in the chapter 11 cases of DBMP LLC in the US Bankruptcy Court for the Western District of North Carolina
  • Amyris, Inc.: Represented 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
  • Ambri Inc.: Represented of Ambri, a battery technology company, in its chapter 11 case and sale of assets in the US Bankruptcy Court for the District of Delaware
  • Loparex: Represented Loparex, an industrial manufacturer, in a cross-border liability management transaction that resulted in Loparex raising new money from a majority group of its existing first lien lenders and consummating an uptier debt exchange of its existing US dollar and euro first lien term loans into a new multi-tranche superpriority credit facility
  • Clarus Therapeutics Inc.: Represented Clarus, a specialty pharmaceutical company, and certain affiliates in their chapter 11 cases and sale of assets in the US Bankruptcy Court for the District of Delaware
  • Proteus Digital Health Inc.: Represented Proteus, a pioneer and leader in oral pharmaceuticals, in their chapter 11 cases in the US Bankruptcy Court for the District of Delaware
  • Gibson Brands Inc.: Represented Gibson, an iconic guitar brand, and certain affiliates in their chapter 11 cases in the US Bankruptcy Court for the District of Delaware
  • Partners Group: Represented Partners Group, as equity holder, in the out-of-court restructurings of Curvature

  • The Roman Catholic Diocese of Rockville Centre, New York: Represented the exit financing lender in the diocese’s chapter 11 case in the US Bankruptcy Court for the Southern District of New York
  • Il Mulino Restaurants: Represented Benefit Street Partners, as senior secured lender, DIP lender, and stalking horse bidder, in Il Mulino’s chapter 11 cases in the US Bankruptcy Court for the Southern District of New York
  • Evergreen Gardens Mezz LLC: Represented certain affiliates of Mack Real Estate Group, as mezzanine lender and DIP lenders, in Evergreen’s chapter 11 cases in the US Bankruptcy Court for the Southern District of New York
  • Purdue Pharma LP: Currently represent Teva Pharmaceuticals in Purdue’s chapter 11 cases in the US Bankruptcy Court for the Southern District of New York
  • Mallinckrodt plc: Represented Teva Pharmaceuticals in Mallinckrodt’s chapter 11 cases in the US Bankruptcy Court for the District of Delaware
  • Bed Bath & Beyond Inc.: Represented World Market LLC, a national retailer, in connection with the assumption and assignment of numerous real property leases in Bed Bath & Beyond’s chapter 11 cases in the US Bankruptcy Court for the District of New Jersey
  • Landlords: Represented landlords in numerous chapter 11 cases, including filings for WeWork Inc.; Express Inc.; Sears Holdings Corporation; and Toys R Us Inc.
  • Trade Vendors and Utility Providers: Represented trade vendors and utility provides in numerous chapter 11 cases, including filings for American Tire Distributors; Bed Bath & Beyond; Rite Aid; Auto Plus; Yellow Corporation; SmileDirect Club; Sears Holdings Corporation; and Toys R Us Inc.

  • Kabbage Inc.: Representation of certain former directors and officers in Kabbage’s chapter 11 cases in the US Bankruptcy Court for the District of Delaware
  • Silvergate Bank: Representation of certain former directors and officers in Silvergate’s chapter 11 cases in the US Bankruptcy Court for the District of Delaware
  • Puerto Rico: Representation of multiple financial institutions in Puerto Rico’s Title III proceedings in connection with the litigation of claims related to bond issuances
  • Cred Inc.: Represented a cryptocurrency brokerage and asset management corporation as defendant in a preference action in connection with Cred’s chapter 11 cases in the US Bankruptcy Court for the District of Delaware
  • Preference Litigation: Represented numerous clients in defending against preference actions

Professional Activities

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

Artem currently sits on the Next Gen Committee for the New York Chapter of the Turnaround Management Association

Professional Experience

Prior to joining Goodwin, Artem 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, Artem 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: