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Posted by Janet
Mr. Alter served as counsel for the Unsecured Creditors Committee in a complex bankruptcy involving 11 jointly administered cases. His extensive knowledge of bankruptcy law earned the respect of the other case attorneys and he was instrumental in resolving issues and developing strategies. While Mr. Alter has the ability to fight hard for his clients, he demonstrated particular skill as a consensus builder by bringing several disparate parties together to reach agreement in a relatively short period of time. Mr. Alter was completely engaged in our cause, whether working as a valued member of the team of attorneys in finding solutions or in responding to the needs of his clients. We were kept fully informed and educated throughout the process and I believe that it is a consequence of Mr. Alter's commitment, knowledge and skill that we achieved a highly successful outcome.
Posted by Jack
I served as the Chairman of the Unsecured Creditors Committee in these Chapter 11 cases involving 8 separate but related golf and country clubs and 3 additional service or holding companies. My background is as a finance and M & A partner with 30 years experience with one of the nation's largest firms.
The unsecured creditors included well over 2,000 club members and numerous trade creditors. Jonathan was an excellent advisor to and fiduciary for the many different types of unsecured creditors. He made a number of formal and webinar presentations to club members. Most of the club members were completely unfamiliar with bankruptcy principles. Jonathan made clear presentations and he was well received in all cases. He was extremely responsive to literally hundreds of e-mail and telephone inquiries from club members. He was so well respected by the Chief Reorganization Officer of the Debtors, the senior executives of the Plan Sponsor (which purchased the clubs as the key element of the confirmed Chapter 11 cases), and their respective counsel, that he was asked to join them in presentations to members.
Jonathan is keenly aware of the legal issues in Chapter 11 cases, but perhaps more importantly, he is very practical in assessing what can realistically be accomplished. He is a "deal maker". He understands when compromise is warranted and when it is not.
Jonathan provided a realistic budget and came in below budget. I practiced in a large law firm for many years and I was very impressed by his efficiency and his accurate budgeting.
Excellent public speaker. Able to convey a number of points in a convincing and logical manner, all while weaving his presentation into an effective and complete perspective of the entire case.
He is "always" available, whether by phone or e-mail. Jonathan works well as the principal contact for his team or as the principal negotiator.
I recommend him highly.