Sherri L. Toub

Sherri draws upon her unique background in law, finance, and journalism to advise management teams and boards of directors on communications strategies in a wide range of financial and other special situations across a variety of industries, helping to reassure the stakeholders who matter most during periods of uncertainty and transformation. Applying this distinctive multi-disciplinary approach, Sherri leads Kekst CNC’s Restructuring and Bankruptcy practice. She also provides strategic counsel in the areas of Private Capital, Litigation Support, Crisis and Issues Management, and Mergers and Acquisitions.

As a widely recognized expert with more than two decades of experience in the bankruptcy and restructuring arena, Sherri brings a nuanced understanding of this complex landscape and unparalleled knowledge of legal process and procedure to her advising of public and private companies facing capital structure, liquidity, liability management, financial disclosure, and other mission-critical issues. She also frequently represents individual creditors and creditor groups, as well as buyers of distressed assets, and works with hedge funds and private equity clients in connection with investments and managing developments at the portfolio level.

Prior to joining Kekst CNC, Sherri was a Managing Director at Finsbury, where she oversaw a number of complex and high-profile restructuring assignments. Before her career in strategic communications, she was a Bloomberg News legal columnist, reporting on Chapter 11 case developments, trends, and court decisions affecting the restructuring landscape and financial markets. She was previously at William Blair & Company, working with distressed as well as healthy companies on sale and refinancing transactions. Sherri began her career as an attorney at Weil, Gotshal & Manges, spending almost eight years in the firm’s business finance & restructuring group advising on an extensive range of restructuring, M&A, and financing engagements. She represented debtors, creditors, lenders, and acquirers of assets in Chapter 11 cases and out-of-court restructurings, handling transactional work as well as litigation.

Sherri holds a B.A. in English from the University of Michigan and a J.D. degree from the Benjamin N. Cardozo School of Law, where she was a supervising editor of the Cardozo Law Review. She is a member of the bar in New York.

Experience

Restructuring and Bankruptcy

• Provides strategic communications counsel and execution support in preparation for and in connection with numerous Chapter 11 cases (prepackaged, prenegotiated, and traditional), out-of-court restructurings, liability management exercises, and wind downs, leading client teams and working hand-in-hand with company legal and financial advisors to craft customized communications plans that help achieve business, legal, and financial goals.
• Representative company-side engagements include advising True Value Company, Avon Products, Party City, Endo, Intelsat, Amyris, NextPoint Financial, Grupo Posadas, Century 21 Stores, Knotel, the U.S. business of L’Occitane en Provence, CraftWorks Holdings, Valeritas, Jack Cooper, and iHeartMedia in connection with their Chapter 11 cases, Resolute Investment Managers and One Call Corporation in their successful out-of-court recapitalizations, and ascena retail group in the orderly wind down of its Dressbarn brand.
• Serves as communications advisor to individual creditors and creditor groups in Chapter 11, including the Parent Ad Hoc Claimant Group in the LATAM Airline cases and the $11 billion Ad Hoc Subrogation Group in the PG&E cases.
• Recent buy-side Chapter 11 engagements include advising Aurify Brands in connection with purchases of substantially all assets of Le Pain Quotidien and Maison Kayser, as well as a consortium of investors in connection with its purchase of substantially all assets of abc carpet & home.