John D. “Jack” Molino is an attorney in the Bankruptcy Law practice in the New York office of DHC. He primarily represents corporate debtors in all stages of complex restructuring transactions, including prepackaged, prearranged, and traditional Chapter 11 cases, out-of-court workouts, and distressed acquisitions, with a concentration on debtor side/management representation. Jack has a broad range of bankruptcy experience across a number of industries, including automotive, cryptocurrency, pharmaceutical, retail, real estate, media and telecommunications, and financial services.
NOTABLE ENGAGEMENTS
- Pharmacy Chapter 11 Restructuring: Successfully guided pharmacy through Chapter 11 proceedings, achieving favorable settlement of pre-petition fraud litigation, securing factoring lender for DIP and exit financing, and negotiating substantial reductions in merchant cash advance claims with full personal guaranty releases. Drafted and confirmed consensual Chapter 11 plan and disclosure statement.
- Commissary Chapter 11: Led commissary through Chapter 11 reorganization, negotiating multiple executory lease assignments and sales including liquor license transfer. Secured significantly reduced settlements with merchant cash advance lenders and personal guaranty releases. Successfully argued motion to extend Chapter 11 plan filing deadline and confirmed plan with disclosure statement. Served as post-confirmation disbursing agent.
- Architectural Millwork Out-of-Court Restructuring: Orchestrated comprehensive debt restructuring, resolving outstanding obligations with IRS, New York State tax authorities, union fees, and unsecured creditors. Negotiated and drafted asset purchase agreement for $6 million sale of Maspeth, Queens manufacturing facility, satisfying secured creditors, principal, and third-party shareholder interests.
- Real Estate Developer Chapter 11: Represented developer in complex Chapter 11 case, successfully litigating and mediating partnership dispute over major NYC commercial building, achieving $25 million settlement discount through strategic negotiations.
- Brooklyn Property Bankruptcy Sale: Negotiated successful Chapter 11 asset sale of Brooklyn real estate parcel, maximizing recovery for stakeholders through bankruptcy court proceedings.
- Mixed-Use Development Chapter 11: Represented real estate LLC with 80% completed three-story mixed-use building (4,800 sq ft), drafting and confirming Chapter 11 plan that resolved inter-lender litigation, paid all allowed claims in full, and generated sufficient proceeds to complete construction and development.
- Individual Dentist Chapter 11: Guided dentist through personal Chapter 11 reorganization, completing successful loss mitigation on primary residence with secured lender, resolving various claims through objection process, and confirming plan with strategic Section 363 sales of other estate properties.
- Fraudulent Mortgage Defense: Defended Cobble Hill mixed-use property owner against twelve improper foreclosure actions stemming from fraudulent mortgages obtained by former partner who misrepresented ownership, successfully protecting client’s legitimate property interests.
- Distressed Real Estate Sale: Represented distressed real estate LLC in Chapter 11 proceedings, achieving property sale at substantially higher value than pending foreclosure action, demonstrating significant recovery improvement through bankruptcy protection.
- Rhode Island Cannabis Licensing: Secured cultivation license for local medical marijuana business, preparing comprehensive application in full compliance with state regulations and local requirements for cannabis cultivation and distribution to state compassion centers.
- Boy Scouts of America Bankruptcy: Served as key discovery team member representing insurer in high-profile BSA bankruptcy proceedings, managing substantial discovery efforts including drafting majority of discovery responses and interrogatories in complex mass tort litigation context.
PUBLICATIONS
“Local Bankruptcy Rules: District of Columbia,” with Peter Friedman, Practical Law Practice Note w-034-8420 (2022)
