Myles H. Alderman Jr. is the Chair of the Halloran & Sage Bankruptcy, Creditors' Rights and Restructuring Practice Group. He has extensive experience representing businesses in financial distress, secured and unsecured lenders, trade creditors, committees and parties interested in acquiring assets, in Chapter 11 business reorganizations, liquidations and workouts. Industries with which he has experience include, construction, design, fashion, manufacturing, distribution, materials handling, retail, aviation and ground transportation.
In a case of first impression, Myles helped craft a strategy that resulted in the release to his client of over a hundred million dollars of fashion goods that were alleged assets of a debtor-in-possession.
Other areas of his practice include commercial litigation, arbitration and mediation. Myles has substantial experience resolving disputes on behalf of Subway franchisees.
Based upon the review of his substantive legal ability and ethics by other attorneys and judges before whom he appears, Martindale-Hubbell awarded Myles an AV Preeminent Peer Review Rating, its highest rating for attorneys.
Bankruptcy Law Questions To Be Heard By SCOTUS
By: Myles Alderman, 01/21/2014
The Supreme Court of the United States has granted certiorari to hear the following cases involving questions of Bankruptcy law:
Law v. Siegal: Whether a bankruptcy court, pursuant to its inherent power or the authority of 11 USC 105(a) may impose an equitable surcharge against a debtor's otherwise exempt property to compensate an estate for litigation costs resulting from bad faith litigation.
Executive Benefits Ins. Agency v. Arkinson: Whether implied consent based upon a litigant's conduct, where the statutory scheme provides the litigant no notice that consent is required, is sufficient to grant the bankruptcy court authority to decide a case. Also, whether a bankruptcy court may submit proposed findings of fact and conclusions of law for de novo review by the district court in Core proceedings.
U.S. v Quality Stores, Inc.: Whether severance payments paid to managers and hourly employees who lost jobs due to bankruptcy constitute supplemental employment benefits (SUB payments) that are not taxable under FICA.
Clark v Rameker: Whether an IRA that a debtor has inherited from a non-spouse is exempt from creditors' claims in bankruptcy pursuant to 11 USC 522.Chapter 11 Business Reorganizations: For Business Leaders, Accountants And LawyersThe Bankruptcy Law Chapter of the Connecticut Lawyers DeskbookThe Bankruptcy Chapter of the Connecticut Bar Association's Basic Practice Manual Real Assets in the Virtual World - An Introduction to eBusiness for Borrowers, Lenders, Trade Creditors and Their Counsel When Intellectual Property is not Intellectual Property Understanding Why Debtors Sell AssetsMajor Changes Affecting the Insolvent HomeownerThe Recession's Silver Lining The FDIC's Power to Stay Proceedings The Securities Acts and International Discovery: the Hague Evidence Convention After Anschuetz and Messerschmitt Bolkow Blowm
News & Events
H & S Welcomes Myles Alderman, Jr. as Chair of the Bankruptcy, Creditors Rights and Restructuring Practice Group
Halloran & Sage LLP is pleased to announce that Myles H. Alderman, Jr. has joined the firm as Chair of its Bankruptcy, Creditors' Rights and Restructuring Practice Group. Myles will focus his practice in the areas of Business Bankruptcies, Chapter 11 Reorganizations, Creditors' Rights and Commercial Litigation including Commercial Foreclosures, Lender Liability Litigation, Arbitrations and Mediations. Industries with which Alderman has experience include, construction, design, fashion, manufacturing, distribution, materials handling, retail, aviation and ground transportation.
For the past 22 years Myles was managing partner of Alderman & Alderman, a firm he founded in Hartford, Connecticut with his wife. Under Myles' leadership, Alderman & Alderman grew to a firm with offices in Hartford and New York City known for its representation of clients from across the United States and Canada, the United Kingdom, China and Japan in matters ranging from fairly simple contract disputes, and franchise arbitrations to complex international intellectual property disputes in Chapter 11 reorganizations.
Alderman is a member of the Business Bankruptcy Law Section of the American Bar Association. He is a member of the Business Bankruptcy Section of the American Bankruptcy Institute. Myles is also a member of Executive Committee of the Commercial Law and Bankruptcy Section, the Connecticut Lawyer magazine's Advisory Committee and the Professionalism Section of the Connecticut Bar Association. His published works on the subject include the Bankruptcy Law Chapter of the Connecticut Lawyers Deskbook (CBA, 2008) and Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers (Outskirtspress, 2006).Bankruptcy In Connecticut - A Creditor's PerspectiveRevised Article 9 - Beyond The BasicsBankruptcy Law - A Creditor's PerspectivePreparing For Disaster Before It Strikes-Asset Protection Strategies That Work - Program Faculty NAPFACollecting Judgments In Connecticut - Beyond the Basics, sponsored by National Business InstituteTechniques for Acquiring Undervalued Assets From Bankruptcy EstatesSetoffs Under Section 553 Of the United States Bankruptcy CodeEmployment of Professionals Under Chapter 11 of the Bankruptcy CodeBankruptcy Law for the Corporate Lawyer, sponsored by the CBA (Also at New York, New York Office)