Madlyn Gleich Primoff is a partner in the Business Reorganization and Creditors' Rights Practice Group at Kaye Scholer. Ms. Primoff has more than 20 years of experience in representing global financial institutions, such as institutional lenders and lending groups, creditors' committees, private equity funds and hedge funds, in out-of-court workouts and restructurings, prepackaged Chapter 11 cases, contentious Chapter 11 cases and related litigation matters.
She has extensive knowledge of the structured products, financial services, retail, telecommunications, airline, energy, manufacturing, entertainment, mining and health care industries. Many of her engagements involve distressed structured products such as structured investment vehicles (SIVs), collateralized debt obligations (CDOs), collateralized loan obligations (CLOs), hedge transactions such as complex swaps, options and repurchase agreements.
Ms. Primoff has represented lenders in complex insolvency related litigation and other commercial litigation. She recently defended an investment bank successfully against claims of bad faith and breach of a swap agreement in an action brought in New York by the court-appointed administrators of a U.K. company. She also recently pursued on behalf of the same investment bank an action in New York, involving the proceeds of a cash settled equity barrier call option, and structured settlements that were approved by courts in New York, the Cayman Islands, Canada, Barbados and the Bahamas.
A key component of Ms. Primoff's practice is her substantial expertise and experience in cross-border insolvency matters (including Chapter 15 cases and parallel proceedings) and cross-border litigation matters. In real estate related bankruptcy and insolvency matters, she has represented secured lenders, mezzanine lenders, preferred equity holders, developers and funders of Chapter 11 plans.
In 2011, Ms. Primoff was appointed to the President’s Council of Cornell Women, a group of highly accomplished alumnae working to enhance the involvement of women students, faculty, staff, and alumnae as leaders within Cornell University and its many communities.