Kizzy Jarashow is a partner in Goodwin’s Financial Restructuring practice. She joined the firm in 2019.
Kizzy represents debtors, creditors, equity holders, sponsors, special situations investors and other stakeholders in all aspects of complex corporate restructurings, including Chapter 11 cases, out-of-court restructurings, work-outs, and distressed debt investments and acquisitions. Kizzy has represented clients in a variety of industries, including energy, retail, technology, manufacturing, health care, automotive, media, hospitality and gaming, education, financial services and real estate.
Experience
Kizzy’s representative matters include representing major stakeholders in the following matters:
Representative Matters
- 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
- Pacific Gas and Electric Company/PG&E, representing large institutional fund client in Chapter 11 proceedings in connection with rescission and damage claims arising from holdings of debt and equity securities
- Connections Community Support Programs, representing leading provider of substance abuse treatment services in connection with a potential acquisition of behavioral health and substance abuse clinics out of Chapter 11 proceedings
- Mallinckrodt, representing clinical stage biotechnology company in connection with a potential acquisition out of Chapter 11 proceedings relating to treatment of rare genetic disease
- 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
- Institutional Landlord Representations, representing institutional landlords in connection with lease claims in the Ascena, Regus Holdings, GNC, J. Crew, J.C Penney, and Tailored Brands Chapter 11 proceedings
- Residential Capital, represent expert for Steering Committee in Chapter 11 proceedings on issue of reasonableness of certain fee claims*
- Tribune Co., representing significant holder of pre-LBO debt of the Tribune Company in connection with confirmation of competing plans of reorganization and approval of a proposed settlement under Rule 9019 of the Federal Rules of Bankruptcy Procedure*
- Washington Mutual, representing significant bondholders in connection with insider trading allegations and objections to confirmation of Chapter 11 plan*
- Lehman Brothers, representing Bank of Montreal in connection with multi-million dollar swap claim in Chapter 11 proceedings*
- Dewey & LeBoeuf, representing Lloyd’s of America and former law firm partners in the firm’s Chapter 11 proceedings*
- Mervyn’s, Linens ‘n Things, Powermate, Fluid Routing Solutions, representing companies as debtors in possession in their Chapter 11 proceedings*
*Denotes experience prior to joining Goodwin.
- Form Technologies, representing Partners Group in connection with a $1.2 billion comprehensive out of court recapitalization and debt exchange transaction for a leading global group of precision component manufacturers, successfully eliminating approximately $240 million of total funded debt from the company’s balance sheet
- 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
- Portfolio Company Representations, representing portfolio companies of private equity firm clients in non-public distressed M&A, debt restructuring and wind-down transactions
- Vallourec, representing the RCF Ad Hoc Committee Lenders in connection with the financial restructuring of French corporation, resulting in 3.5 billion Euro reduction of indebtedness
Professional Experience
Prior to joining Goodwin, Kizzy was Vice President and Assistant General Counsel in the Corporate and Investment Bank of JPMorgan Chase Bank, N.A. She has also worked as a financial restructuring associate in the New York offices of Stutman, Treister & Glatt, Friedman Kaplan Seiler & Adelman and Morgan Lewis & Bockius. During law school, she served as a judicial extern to The Honorable Barbara S. Jones of the U.S. District Court for the Southern District of New York.
Kizzy is a member of the American Bankruptcy Institute and the New York State Bar Association. She is also a member of the VALCON Advisory Board.
Credentials
Education
JD2007
Fordham University
BA2004
New York University
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
Recognition & Awards
Kizzy has been recognized by the Legal 500 US in 2023 for her work in Restructuring (including Bankruptcy): Corporate.
In recognition of her work, Kizzy was selected as a 2017 Rising Star in Bankruptcy by Super Lawyers, a member of Class V of the International Insolvency Institutes’ NextGen Leadership Program (2016), and a member of the Next Generation Program for the National Conference of Bankruptcy Judges (2016)
In law school, Kizzy was notes and articles editor of the Fordham Journal of Corporate and Financial Law.
Publications
Kizzy has authored or co-authored a number of articles related to bankruptcy, restructuring and insolvency, including:
- Co-Author, “Bankrupt in the Metaverse,” Thomas Reuters Practical Law, December 1, 2023
- Co-Author, “Why Delaware ABCs Are No Longer As Easy As 1-2-3,” Law 360, October 25, 2023
- Co-Author, “Top 10 Intellectual Property License Issues in Bankruptcy,” Goodwin, 2023
- Co-Author, “Bankrupt in the Metaverse,” Thomson Reuters Practical Law, June 30, 2023
- Co-Author, “Intercreditor Agreements and the Bankruptcy Code," Journal of Bankruptcy Law, 2022
- Co-Author, "Triumph for Energy Future Noteholders in Third Circuit Make Whole Opinion", Goodwin Client Alert, November 18, 2016
- Panelist, "International Insolvency and Arbitration, Next General Program," 16th Annual International Insolvency Conference: Tokyo, Japan, June 5, 2016
- Co-Author, "In re Fairfield Sentry – Narrow Grounds to Modify Chapter 11 Recognition Do Not Include Inconsistent Positions Taken By Foreign Representative," Insolvency and Restructuring International, March 2016
- Co-Author, "For This Moment: Distinction Between Present Value and Interest," American Bankruptcy Institute Journal, July 2015
- Co-Author, "Rehearing Petition Dramatizes Second Circuit's Comity Rejection," INSOL International, Nov. 20, 2014
- Co-Author, "Second Circuit Fails to See the Comity in Chapter 15," International Bar Association – Insolvency and Restructuring International, Oct. 14, 2014
- "In re Bank United Fin. Corp.: Eleventh Circuit Holds That Tax Refunds Of Consolidated Group Subject To A Tax Sharing Agreement Are Not Assets Of Corporate Parent's Bankruptcy Estate," Stutman, Treister & Glatt Case Alert, Aug. 23, 2013
- Author, "In re School Specialty, Inc.: Delaware Bankruptcy Court Upholds Secured Lender's "Make-Whole" Claim Co Under New York Law," Stutman, Treister & Glatt Case Alert, Apr. 29, 2013
- Co-Author, "In re River Road Hotel Partners, LLC: Credit Bidding Circuit Split May Sail Up to the Supreme Court," 20 J. Bankr. L. & Prac. 805, 2011
- Author, "Bankruptcy Court Uses Twombly Pleading Standard as Platform to Clarify Lender Liability Law," ABI Committee Newsletter, Vol. 9, No. 9, September 2010
- "Third Circuit Bids Credit Bidding Adieu," 19 J. Bankr. L. & Prac. 265, 2010
- Co-Author, "The Enron Enigma: Claims Trading At Its Fuzziest," Morgan Lewis Business & Finance Newsletter, Fall/Winter 2007)
- Panelist, “A Glimpse into The Future: AI, the Metaverse and the Insolvency Profession,” ABA Business Law Section Webinar, February 22, 2024
- Moderator, “The Use of AI in Valuation Models/Impact of AI on Valuation/Impact of Generative AI on IP Valuations,” VALCON 2024, March 19, 2024
- Panelist, “AI Panel,” IWIRC's 30th Annual Fall Conference, October 11, 2023
- Panelist, “Emerging Law on Digital Assets in Bankruptcy,” Sixth Circuit Judicial Conference, September 7, 2023
- Panelist, “Creative Options in the Distressed Market,” NY Life’s REI National Conference, May 10, 2023
- Panelist, "Alternative Energy & Renewables," American Bankruptcy Institute's VALCON, 2021