Michael J. Balanoff
Member
mbalanoff@gslaw.com
Direct Dial: 315.701.6366
Direct Fax: 315.423.2812
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Practice
Michael is a member of the firm practicing primarily in the areas of bankruptcy, workouts, debtor and creditor rights, business acquisitions, real estate and telecommunications. Michael was formerly a partner in two Syracuse area law firms.
Michael has over ten years of experience acting as both an arbitrator and a mediator in commercial transactions, bankruptcy, debtor and creditor rights, and workouts. He receives frequent referrals from both the United States Bankruptcy Court and the United States District Court for the Northern District of New York where he is on a select Panel of Mediators and Arbitrators.
Michael routinely lectures for bar association groups and accountants regarding all aspects of bankruptcy law.
Recent Experience
- Represented creditors and debtors in major Chapter 11 reorganization cases in the U.S. Bankruptcy Court for the Northern District of New York;
- As Counsel to secured creditors in the Bennett Funding Group Chapter 11 case, he organized counsel on all sides of this difficult matter, maintained productive dialogue, and resolved various disputes that arose. He succeeded in helping to negotiate a settlement that satisfied a large majority of the secured creditor body;
- Operating trustee in the Telergy Chapter 7 Bankruptcy, successfully selling off the telecommunications assets while conducting the business of the company.
Professional and Community Involvement
- Martindale-Hubbell AV Rated
- Best Lawyers in America, Bankruptcy and Creditor/Debtor Rights Law, 2008
- Super Lawyers, New York Upstate Edition, Bankruptcy & Creditor/Debtor Rights, 2008, 2009, 2010
- Central New York Bankruptcy Bar Association, Founder and Past President
- Onondaga County Bar Association
- U.S. District Court, Northern District of New York, Panel of Mediators
- Congregation Beth Sholom - Chevra Shas, Board of Trustees
- Jewish Home of New York, Board of Directors
- Legal Services of Central New York, Board of Directors
- Syracuse Jewish Federation, Board of Directors, Past President
- Fayetteville-Manlius Teen Drop-In Center, Former President
Recent Publications and Presentations
- June 2010
How to Make the Chapter 7 Trustee Happy--Some Practical Tips