Mr. John Mairo
Porzio, Bromberg & Newman, PC
Those who have worked with John Mairo, co-chair of the firm’s bankruptcy/financial restructuring department, seek him and his colleagues out. The reason is simple: They not only rely on John’s leadership qualities and ability to achieve impressive results, but also enjoy his amenable, responsive and thoughtful style. By nature an analytical, curious and strategic thinker, John encourages his clients to determine the desired result early on in a case. The fact that John is such a first-rate listener enables him to help clients and colleagues articulate their goals and map out a coherent, proactive plan to achieve them. This is particularly crucial in his field, where matters are often complex and full of gray areas. John concentrates his practice in the areas of bankruptcy, workouts, financial reorganizations and creditors’ rights. He is admitted to practice in New Jersey and New York courts. He is certified in Business Bankruptcy Law by the American Board Of Certification and received the AV rating (highest rating) by his peers in the Martindale-Hubbell Law Directory. The varied nature of John’s experience stands out and adds immediate and comprehensive value for his clients. He has worked on billion-dollar cases with international implications, as well as mid-size and smaller matters. John has represented creditors’ committees, secured creditors, administrative agents for syndicates of lenders, debtors, landlords, equipment suppliers and other interests. He also has extensive experience in litigating preference and fraudulent conveyance actions. Consequently, he understands and appreciates the perspectives and agendas of the various constituents in a matter and is thus able to expedite resolution. Not long ago, John’s ability to listen and then take action led to a rewarding result in a case in which he represented the Committee of Unsecured Creditors in a jointly administered case involving multiple related debtors. The debtors were threatening to pay a low distribution to the creditors of certain debtors while paying a much higher distribution to the unsecured creditors of other debtors. John prepared for a litigation battle to have the collective debtors' assets pooled and to require a 100% distribution to all the unsecured creditors. While a litigation battle was ultimately unnecessary, John successfully used his knowledge of the governing bankruptcy precepts and command of the relevant facts to convince the debtors to propose a Chapter 11 plan that provided for a 100% recovery for all the debtors' unsecured creditors. Recently, John was awarded a certificate by the United States Bankruptcy Court for the District of New Jersey in recognition of and appreciation for his Pro Bono Service.