For more than 35 years, Mr. Oswald has focused his practice exclusively on bankruptcy, out-of-court restructurings and creditors' rights matters. Mr. Oswald has represented clients in all facets of bankruptcy cases as well as insolvency issues in business transactions.
Mr. Oswald is a partner at Togut, Segal & Segal LLP, which he joined in 1986 following internships with the late Hon. Conrad B. Duberstein, Chief Bankruptcy Judge, and the Hon. Cecilia Goetz, Bankruptcy Judge (retired) in the Bankruptcy Court for the Eastern District of New York. Since then, Mr. Oswald has represented chapter 11 debtors, bankruptcy trustees, creditors' committees, secured and unsecured creditors, shareholders, distressed investors, defendants in avoidance actions, mediators, plan administrators, as well as landlords and tenants in bankruptcy cases, and entities seeking to acquire assets out of bankruptcy.
Lawdragon Honors
| Honor | Year | Practice |
|---|---|---|
| The 2026 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers | 2026 | Bankruptcy, Restructuring, Creditors' Rights |
Representative Cases
- Azul S.A.: co-counsel to the Debtors, Brazil’s largest airline by number of departures and cities served, in the restructuring of almost $10 billion in liabilities.
- Steward Health Care System LLC: special counsel to the debtors, previously the largest private, physician-owned health care network in the U.S., to prosecute avoidance actions aggregating more than $300 million under Chapter 5 of the Bankruptcy Code involving hundreds of millions of dollars in potential preferential transfers.
- Powin LLC: co-counsel to the Debtors, an Oregon-based manufacturer of utility-scale battery energy storage systems and a provider of related energy services, in the restructuring of approximately $300 million in liabilities through a restructuring and sale of the debtors’ core businesses.
- Stroock & Stroock & Lavan LLP: counsel to the Firm and subsequently to the wind-down committee upon the formal dissolution of Stroock, a once-prominent law firm of nearly 150 years, in its successful and fully consensual out-of-court wind down.
- Endo Pharmaceuticals: co-counsel to the Chapter 11 debtors, a multibillion-dollar global specialty biopharmaceutical business that produces and sells generic and branded products and are together one of the country’s leading specialty pharmaceutical companies, in connection with their reorganization case.
- Pareteum Corporation: Lead Chapter 11 counsel to the publicly traded global mobile networking software provider serving telecom and enterprise clients across multiple continents. Successfully closed a going-concern sale of substantially all assets within 56 days of filing and confirmed a liquidating Chapter 11 plan.
- Rubie’s Costume Company, co-counsel to the Debtors, the largest costume manufacturer and distributor in the world, with annual sales of approximately $300 million, in their chapter 11 restructuring.
- Pacific Drilling: counsel to the Debtors, which specialize in ultra-deep water drilling for a myriad of the largest oil and gas companies in the world, in the restructuring of more than $3 billion in liabilities
- Toisa Limited: lead counsel to the debtors, 24 international shipping companies involving 46 vessels and the restructuring of more than $1 billion in liabilities
- SunEdison, Inc.: co-counsel to the debtors, one of the world's leading developers of renewable-energy solutions, involving the restructuring of more than $16 billion in liabilities.
- Relativity Fashion, LLC: Counsel to the Official Committee of Unsecured Creditors of 143 debtors engaged in motion picture and television production and distribution, resulting in the restructuring of liabilities exceeding $750 million
- Sound Shore Medical Center of Westchester et al counsel to the Purchaser in a section 363 sale of substantially all of the debtors' assets for approximately $60 million. The debtors operate two hospitals and a nursing home.
- Grubb & Ellis Company lead counsel to the Debtors, an international real estate brokerage and property management company, with more than 100 offices and revenue exceeding $500 million which was sold as a going concern in a transaction approved by the Bankruptcy Court in less than 45 days following the commencement of the Chapter 11 case
- Betsey Johnson LLC co-counsel to the Debtor, a leading designer, marketer, retailer and wholesaler of premier women's contemporary apparel and accessories in its Chapter 11 case involving the orderly liquidation of 63 retail and outlet stores
- General Motors conflicts counsel to the Debtors concerning the largest OME in the United States involving the restructuring of more than $80 billion in liabilities
- Chrysler, LLC conflicts counsel to the Debtors in the first Chapter 11 case ever filed by an OME concerning the restructuring of a more than $55 billion in liabilities
- Charter Communications counsel to one of the affiliated debtors which together is one of the largest cable/broadband communication companies in the United States, involving the successful restructuring over $22 billion in liabilities
- Enron Corp. co-counsel to the Debtors in one of the largest bankruptcy cases ever filed wherein, among other things, the firm prosecuted more than 1,000 adversary proceedings and recovered in excess of $500 million for the estate
- Our Lady of Mercy Hospital lead counsel for the Debtor involving more than $100 million in liabilities, successfully consummated the Chapter 11 sale of substantially all of the hospital's assets as a going concern
- Saint Vincents Hospitals conflicts counsel to the Debtor hospitals involving the restructuring over $1 billion in liabilities
- Tower Automotive conflicts counsel to one of the largest automotive parts supplier's in the country to tier-one manufacturers
- Ellen Tracy LLC counsel to the Chapter 7 Trustee in litigation against the debtors lenders and directors & officers for, among other things, the recovery of avoidable transfers and breach of fiduciary duties resulting in settlements valued at approximately $20 million for the estate.
- St. Vincent’s Catholic Medical Centers co counsel in their 2 Chapter 11 cases regarding the restructuring of more than $1 billion in liabilities.