Paul Steven Singerman is Co-Chair of the firm and concentrates his practice in troubled loan workouts, insolvency matters and commercial transactions.
Paul is active throughout the United States in large and complex restructuring, insolvency and bankruptcy cases. His work in many cases has garnered the widespread respect of his peers. Although Paul is best known for his representation of debtors in complex restructuring cases, he is also experienced in representing creditors' committees, lenders, large unsecured creditors, asset purchasers in § 363 sales and trustees. Much of his work has involved companies with international operations or European or Asian parties-in-interest.
· Representation of the Official Committee of Unsecured Creditors Taylor, Bean & Whitaker Mortgage Corp. (TBW). Prior to its bankruptcy, TBW was the largest independent mortgage originator in the United States. Headquartered in Ocala, Florida, TBW employed approximately 2,500 people across the United States in its main business and employed another 1,500 people in various subsidiaries. This case involves approximately $5 billion in claims.
· Counsel to Judge Herbert Stettin as Chapter 11 Trustee for the law firm of Rothstein, Rosenfeldt & Adler, P.A. This case is reported to be the largest Ponzi scheme in Florida history and involves approximately $1.2 billion in claims.
· Served as debtor's counsel in Aloha Airlines, Adva-Lite, Inc., Puig Development, and Levitt and Sons; and as co-counsel to the debtors in the chapter 11 cases of AT&T Latin America, Atlas Air/Polar Air Cargo, and the TOUSA, Inc. et al cases.
· Served as special counsel in the liquidation of Havens Steel.
· Special litigation counsel to the debtors and then trustee in the American Tissue cases.
· Represented a large Asian investment fund in the Mutual Benefits case.
· Represented the Espirito Santo Group of Portugal and its affiliates in the Bankest bankruptcy cases in Florida. These cases involve the largest bank fraud in South Florida history.
Professional & Community Involvement
· Fellow, The American College of Bankruptcy
· Fellow, American Bar Foundation
· Member, The American Law Institute
· Member, American Bankruptcy Institute
· Member, Commercial Law League of America
· Member, Florida Association of Managing Partners
· Member, The Spellman-Hoeveler American Inn of Court
· Member, Dade County and American Bar Associations
· Member, Dade Legal Aid Pro Bono Committee; Chair, Fund Raising Subcomittee 2012.
· The Florida Bar (Business Law Section: Chair, 1995-1996 Chair Elect, 1994-1995, Secretary/Treasurer, 1993-1994; Chairman, Legislation Committee, 1992-1993; Chairman, Bankruptcy/UCC Committee, 1990-1991 Continuing Legal Education, Special Programs and Meetings Committee, 1987-1990) Member, Executive Council of the Business Law Section, 1986-Present; Special Committee on Opinion Standards (The Special Committee authored the Report on Standards for Opinions of counsel in Business Transactions; Member, Pro Bono Committee, Present)
· Southern District of Florida Bankruptcy Bar Association (Director, 1997-2000; Chairman of Pro Bono Committee, 1999-2000)
Awards & Recognition
· American College of Bankruptcy - Paul was elected as a (Also at Boca Raton, Miami and Tallahassee Offices)