Paul M. Nussbaum

Mr. Nussbaum is the Co-Chair of the firm’s Business Solutions, Restructuring & Financial Litigation Section, which handles business reorganizations, loan restructurings, Chapter 11 bankruptcies, and related commercial, bankruptcy and insolvency litigation.  He represents debtors, trustees, plan trusts and administrators and creditors' committees in federal and state court litigation.  He focuses his practice on the investigation and pursuit of business fraud and professional liability claims, including director and officer liability and auditing/accounting claims.
 

Recognitions

• Chambers USA, Bankruptcy Litigation, Maryland (2026)
• Chambers USA, Bankruptcy/Restructuring, Maryland (2010–2025)
• Benchmark Litigation, Maryland (2010–Present)
• IFLR1000 United States, "Highly Regarded" Restructuring and Insolvency (2019-2025)
• The Best Lawyers in America^®, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation - Bankruptcy (2001–2027)
  • "Lawyer of the Year" Baltimore Litigation - Bankruptcy (2015)
  • "Lawyer of the Year" Baltimore Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law (2011)
• Maryland Super Lawyers^®, Bankruptcy and Business Litigation (2007–Present); "Top 10 Maryland Lawyers" (2008); "Top 50 Maryland Lawyers" (2007, 2009–2010)
• AV Preeminent^®: Martindale-Hubbell^® Peer Review Ratings™
• Legal 500, Bankruptcy: Northeast, United States (2009)

 

Memberships & Activities

• Member: Board of Directors, American Bankruptcy Institute
• Member: Bankruptcy Bar Association, District of Maryland
• Member: American Bar Association 
• Life Fellow:  American Bar Foundation

 

Clerkship

• Honorable Prudence B. Abram, U.S. Bankruptcy Court,  Southern Distrct of New York

Representative Cases as Debtors’ Counsel in Chapter 11 Reorganizations

• Chapter 11 debtors' counsel for multi-billion dollar gas-transmission company
• Chapter 11 debtors' counsel for world's largest publicly-traded timeshare resort company
• Chapter 11 debtors' counsel for national physician practice management company with over 250 subsidiaries
• Chapter 11 debtors' counsel for publicly-traded internet company
• Chapter 11 debtors' counsel for publicly-traded construction company
• Chapter 11 debtors' counsel for mass-tort asbestos defendant
• Chapter 11 debtors' counsel for publicly-traded education franchisor
• Chapter 11 debtors' counsel for international hospitality-supply company
• Chapter 11 debtors' counsel for owner and operator of electric-generation facility

 

Representative Cases as Creditors' Committee Counsel in Chapter 11 Reorganizations

• Creditors' Committee counsel for AmLaw 100 law firm in Chapter 11 reorganization
• Creditors' Committee counsel for national real estate investment trust in Chapter 11 reorganization
• Creditors' Committee counsel for national convenience store chain in Chapter 11 reorganization
• Creditors' Committee counsel for billion-dollar logistics and fuel-transportation business in Chapter 11 reorganization

 

Representative Cases in Bankruptcy Litigation, Professional Liability, Corporate Governance and Commercial Litigation

• Special Litigation Counsel to Chapter 7 Trustee in hundreds of avoidance actions in addition to D&O and accountant malpractice action and lender liability claims against secured creditors
• Represented Litigation Trust in an action to avoid fraudulent conveyances to former shareholders by the debtor in complex leveraged buyout transaction
• Counsel to multiple hedge-fund lenders in prosecuting fraud claims against equity sponsors and directors and officers of a bankrupt automotive parts reconditioning company
• Counsel to Trustee of Liquidating Trust in investigation and pursuit of claims in excess of $1.8 billion against a former officer and the directors for violations of corporate governance principles, including breaches of fiduciary duty
• Counsel to Trustee of Litigation Trust for professional malpractice claims and suits against former officers, financial advisors and professionals
• Special Counsel to Creditors Trust of international athletic-wear manufacturer and retailer in investigation and resolution of accounting and insider-liability claims
• Counsel to Litigation Trustee for international airline service company, including professional malpractice and director and officer liability claims