Overview
Eric J. Monzo is the chair of the firm’s Bankruptcy and Restructuring group. His practice focuses on issues relating to business restructuring and insolvency. He regularly represents a wide range of stakeholders with a focus on official and unofficial committees, indenture trustees and agents, commercial creditors and lender groups, in addition to, corporate debtors and their independent and special committee management.
Eric is widely recognized by clients and peers for his preeminent legal ability and creative solutions. Clients regard him as a true professional, who is fully prepared and focused on the business objectives. Eric is esteemed for his high technical proficiency and knowledge of bankruptcy law, his "excellent situational awareness,” and his strategic analysis, as highlighted by Chambers USA.
Eric handles matters relating to the restructuring and liquidation of companies in a broad range of industries with experience in healthcare, construction, energy, finance, food and beverage, pharmaceuticals, technology, transportation, real estate and retail. While many of the matters pertain to matters pending in courts located in Delaware and involve issues of Delaware law, Eric also represents clients in multi-jurisdictional and international insolvency proceedings and litigation outside of Delaware.
Experience
- Counseling official committees of unsecured creditors and equity committees
- Counseling current and former directors, officers and advisors of debtors
- Advising indenture trustees, agents, and lending groups in complex restructurings
- Counseling claimants in major mass tort and business tort bankruptcies and class action litigation relating to complex issues including successor liability and coordination of resolution of mass tort claims through plans of reorganization and liquidation
- Representing financial institutions and lenders in transactions in acquisition financing, debtor-in-possession financing, mezzanine financing, leveraged and asset-based financing
- Assisting secured creditors seeking to enforce rights against debtors, including through foreclosure, liens, replevin, execution and levy
- Advising prospective purchasers in 363 asset sales, including stalking horse purchasers in complex sale transactions and auctions
- Advising clients in complex cross-border insolvency and asset recovery issues
Professional Affiliations
American Bar Association, Business Law Section, Business Bankruptcy Committee: Past Chair, Chapter 11 Subcommittee; Past-Chair, Trust Indenture Subcommittee
American Bankruptcy Institute: Board of Directors; Unsecured Trade Creditors’ Committee, Past Co-Chair
Delaware Bankruptcy American Inn of Court
Delaware State Bar Association
Federal Bar Association
Fellow of the American Bar Foundation
Turnaround Management Association
Recent Matters
Committees
24 Hour Fitness USA, LLC
AmCad Holdings, LLC
Axion International, Inc.
Borden Dairy Company
BlueStem Brands Inc.
Cloud Peak Energy Inc.
Cone Mills Corp.
Delta Mills, Inc.
Diamond Glass
Eagle Hospitality
Edgenet
EHT US1 Committee
F+W Media, Inc.
Global Aviation Holdings, Inc.
Gold Standard Baking
Juno USA, LP
Hayes-Lemmerz International, Inc.
Hygea Holdings
Klausner Lumber One, LLC
The Lasik Vision Institute (LVI)
Le Pain Quotidien
Loot Crate, Inc.
Mallinckrodt Pharmaceuticals, Inc.
Melinta Therapeutics, Inc.
M&G USA Corporation
Restora Healthcare Holdings, LLC
Shiloh Industries, Inc.
SportCo. Holdings, Inc.
Synergy Pharmaceuticals Inc.
Valeritas Holdings, Inc.
Vertellus Specialties Inc.
YogaWorks, Inc
Debtors
Angel Medical Systems, Inc.
Calplant I, LLC.
CCX Inc.
Medley LLC.
Morris | Schneider | Wittstadt Va., PLLC, Lead Counsel to Debtors
Punch Bowl Social (PBS BrandCo LLC), Lead Counsel to Debtors
Sugarfina Inc.
Westlake Hospital, Lead Counsel to Debtors
Zumobi Inc., Lead Counsel to Debtor
Indenture Trustee
Claire's Store Inc.
Corp. Group Banking NA.
Exide Technologies Inc.
Gibson Brands, Inc.
High Ridge Brands Co.
Magnum Hunter Resources Corp.
Nuverra Environmental Solutions, Inc.
Optima Specialty Steel, Inc.
Pernix Sleep, Inc.
Pyxus International
Ruby Pipline
Scottish Holdings, Inc.
UCI International, LLC
Directors and Officers
John Q. Hammons Management LLC, Lead Counsel to Independent Manager
White Eagle General Partner, LLC, Lead Counsel to Independent Manager
Additional Matters
Jevic Transportation, Inc., Represented Secured Lender
The Beverly Hills Unified School District, Lead Counsel
Publications
News & Events
Community
Community
Past lead, General Chair to the Combined Campaign for Justice, which helps funds many low-income Delawareans faced with critical challenges in their lives through the assistance of Community Legal Aid Society, Inc. (CLASI), Delaware Volunteer Legal Services, Inc. (DVLS) and Legal Services Corporation of Delaware, Inc.
Court-appointed guardian ad litem or counsel to children in family court proceedings through Delaware’s Office of the Child Advocate.
Member of the Local Rules Committee for the United States Bankruptcy Court for the District of Delaware
Recognition
Honors
Best Lawyers, 2019 - Present
Chambers USA - Bankruptcy/Restructuring, 2020 - Present
Delaware Today Top Lawyers, Business Bankruptcy, 2016 - Present; top vote-getter 2019
Delaware State Bar Association Young Lawyers Distinguished Service Award, 2018
Kathryn R. Heidt Memorial Award, ABA Section of Business Law Business Bankruptcy Committee, 2017
Practice areas
- Bankruptcy and Restructuring
- Committee Representations
- Distressed Entity, Insolvency Counseling
- Litigation and Liquidation Trustees
- Corporate and Fiduciary Litigation
- Legal Opinions
- Avon Talc Bankruptcy Proceedings
- Bankruptcy in Mass Tort Litigation
- Blockchain Technologies, Cryptocurrency Bankruptcies, and Claw-Back Litigation
- Energy Industry
Clerkships
Law Clerk for The Honorable Mary Pat Thynge, United States Magistrate Judge, US District Court, District of Delaware
Admissions
Delaware, 2008
Maryland, 2007
New Jersey, 2002
Pennsylvania, 2002
U.S. District Court, District of Delaware
U.S. Bankruptcy Court, District of Delaware
U.S. District Court, Eastern District of Pennsylvania
U.S. District Court, Western District of Pennsylvania
U.S. District Court, District of New Jersey
U.S. District Court, District of Maryland
Education
Widener University Delaware Law School, JD, with honors, 2002
Washington & Jefferson College, BA, Business Administration--with a concentration in finance, 1999; BA, Psychology, 1999