George V. Utlik photo
George V. Utlik
Lawyer
New York
800 Third Avenue
New York, New York 10022
+1 212 488 1266
New York
800 Third Avenue
New York, New York 10022
+1 212 488 1266

George Utlik handles complex, cross-border insolvency cases filed under Chapter 11 and Chapter 15 of the U.S. Bankruptcy Code as well as related litigation, inter-creditor disputes and judgment enforcement actions. He has served as counsel in cases involving government investigations and enforcement actions, including asset forfeiture and confiscation proceedings, as well as asset tracing and recovery matters. 

Mr. Utlik advises high net-worth individuals and their companies, foreign representatives, official committees of unsecured creditors, secured and unsecured creditors, distressed assets investors, trustees, receivers, debtors and other parties in interest in insolvency disputes. 

Before joining Kobre & Kim, Mr. Utlik practiced at Arent Fox LLP. Earlier in his career he clerked for the Honorable Mary F. Walrath of the U.S. Bankruptcy Court for the District of Delaware.

Admissions

  • New York
  • New Jersey
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the District of New Jersey

Education

  • St. John’s University School of Law, LLM (Bankruptcy)
  • St. John’s University School of Law, JD (American Bankruptcy Institute Law Review, Staff Member)
  • Rutgers University, BA

Languages

  • Russian

Clerkships

  • Honorable Mary F. Walrath, U.S. Bankruptcy Court for the District of Delaware

Accolades

  • Super Lawyers New York Metro Rising Stars (2018, 2017, 2016, 2015)
  • Albert E. Arent Pro Bono Award for Outstanding Contributions to the Public Interest in 2014

Select Engagements

  • Under the Puerto Rico Oversight, Management and Economic Stability Act of 2016, service as independent investigator to the Special Investigation Committee of the Financial Oversight and Management Board for Puerto Rico to perform a comprehensive review of the factors contributing to Puerto Rico's fiscal crisis.
  • Representation of the German insolvency administrator for Lehman Brothers, Bankhaus AG (in Insolvenz), in U.S. Chapter 15 proceedings and as a creditor in the U.S. Chapter 11 proceedings of Lehman Brothers Holdings Inc. to resolve and liquidate approximately US $20 billion in assets and liabilities. 
  • Representation of the Joint Official Liquidators of Life Premium Fund in obtaining chapter 15 recognition of the Cayman insolvency proceeding in the U.S. Bankruptcy Court to investigate and pursue potential claims worth in excess of US $20 M.
 

Professional & Community Involvement

  • American Bankruptcy Institute, Member
  • INSOL International, Member
  • New York State Bar Association, Member
  • ABI Legislation Committee, Special Projects Leader
  • Turnaround Management Association, New York Chapter, Board Member
  • Turnaround Management Association, New York Chapter, Academic Relations Committee, Vice Chair
  • Turnaround Management Association, New York Chapter, Nominating Committee, Member

Publications & Presentations

  • Co-author, "Coming to America: alleged predatory corporate raiding makes landfall in the United States through Chapter 15 of the Bankruptcy Code" (Insolvency and Restructuring International, March 2018)
  • Speaker, “Impact of Recent Changes to Russian Insolvency Law: the U.S. Perspective” (British-Russian Law Association, London, March 2018)
  • Co-author, “Deepening Split Between Circuits: Seventh Circuit Holds that § 546(e) Safe Harbor Does Not Protect Transfers Conducted Through Financial Institutions Acting as Conduits” (No. 12 Norton Bankr. L. Advisor 26, December 2016)
  • Author, “Tribune Creditors Cannot Avoid Billions Stockholders Received in 2007 (LBO, 35-NOV ABI Journal 26, November 2016)
  • Speaker, “New Aspects of Cross-Border Insolvency” (Eastern European Dispute Resolution Forum, Belarus, September 2016)
  • Speaker, “546(e) and 547(c)(6) Safe Harbors: Expand or Limit?” (American Bankruptcy Institute, Webinar, September 2016)
  • Author, “Delaware Bankruptcy Court Disagrees with Second Circuit’s Law Concerning the Safe Harbor under 11 U.S.C. § 546(e)” (American Bankruptcy Institute newsletter, September 2016)
  • Speaker, “Post-Confirmation Liquidation and Litigation Trusts in Business Bankruptcies: Practical Guide” (The Knowledge Group, Webcast, January 2016)
  • Co-author, “U.S. Bankruptcy Court Recognized Israeli Liquidation Proceeding in a Chapter 15 Case” (INSOL International, April 2015)
  • Co-author, “U.S. Bankruptcy Court Declines to Grant Comity to Mexican Labor Board’s Decision and Upholds Extraterritorial Application of 11 U.S.C. § 362 Automatic Stay” (INSOL International, March 2015)
  • Speaker, “Securing Value for Unsecured Creditors” (Credit2Bn, Webinar, March 2014)
  • Speaker, “MF Global — Current Status and Claims Process: What Former Customers Should Be Doing to Optimize Recovery Prospects” (National Grain and Feed Association and Grain Journal, Webinar, May 2012)
  • Co-author, “The Safe Harbor Provided for ‘Settlement Payments’ by Section 546(e)” (19 Norton J. Bankr. L. & Prac. 3, June 2010)
  • Author, “When Does a Bankruptcy Court’s Order Confirming a Chapter 11 Plan Bar a Non-Debtor’s Assertion of a Claim Against Another Non-Debtor Under Res Judicata? (2009 Norton Ann. Surv. of Bankr. L., Part I § 3)

Credentials

Admissions

  • New York
  • New Jersey
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the District of New Jersey

Education

  • St. John’s University School of Law, LLM (Bankruptcy)
  • St. John’s University School of Law, JD (American Bankruptcy Institute Law Review, Staff Member)
  • Rutgers University, BA

Languages

  • Russian

Clerkships

  • Honorable Mary F. Walrath, U.S. Bankruptcy Court for the District of Delaware

Accolades

  • Super Lawyers New York Metro Rising Stars (2018, 2017, 2016, 2015)
  • Albert E. Arent Pro Bono Award for Outstanding Contributions to the Public Interest in 2014

Engagements

  • Under the Puerto Rico Oversight, Management and Economic Stability Act of 2016, service as independent investigator to the Special Investigation Committee of the Financial Oversight and Management Board for Puerto Rico to perform a comprehensive review of the factors contributing to Puerto Rico's fiscal crisis.
  • Representation of the German insolvency administrator for Lehman Brothers, Bankhaus AG (in Insolvenz), in U.S. Chapter 15 proceedings and as a creditor in the U.S. Chapter 11 proceedings of Lehman Brothers Holdings Inc. to resolve and liquidate approximately US $20 billion in assets and liabilities. 
  • Representation of the Joint Official Liquidators of Life Premium Fund in obtaining chapter 15 recognition of the Cayman insolvency proceeding in the U.S. Bankruptcy Court to investigate and pursue potential claims worth in excess of US $20 M.

Professional & Community Involvement

  • American Bankruptcy Institute, Member
  • INSOL International, Member
  • New York State Bar Association, Member
  • ABI Legislation Committee, Special Projects Leader
  • Turnaround Management Association, New York Chapter, Board Member
  • Turnaround Management Association, New York Chapter, Academic Relations Committee, Vice Chair
  • Turnaround Management Association, New York Chapter, Nominating Committee, Member

Publications & Presentations

  • Co-author, "Coming to America: alleged predatory corporate raiding makes landfall in the United States through Chapter 15 of the Bankruptcy Code" (Insolvency and Restructuring International, March 2018)
  • Speaker, “Impact of Recent Changes to Russian Insolvency Law: the U.S. Perspective” (British-Russian Law Association, London, March 2018)
  • Co-author, “Deepening Split Between Circuits: Seventh Circuit Holds that § 546(e) Safe Harbor Does Not Protect Transfers Conducted Through Financial Institutions Acting as Conduits” (No. 12 Norton Bankr. L. Advisor 26, December 2016)
  • Author, “Tribune Creditors Cannot Avoid Billions Stockholders Received in 2007 (LBO, 35-NOV ABI Journal 26, November 2016)
  • Speaker, “New Aspects of Cross-Border Insolvency” (Eastern European Dispute Resolution Forum, Belarus, September 2016)
  • Speaker, “546(e) and 547(c)(6) Safe Harbors: Expand or Limit?” (American Bankruptcy Institute, Webinar, September 2016)
  • Author, “Delaware Bankruptcy Court Disagrees with Second Circuit’s Law Concerning the Safe Harbor under 11 U.S.C. § 546(e)” (American Bankruptcy Institute newsletter, September 2016)
  • Speaker, “Post-Confirmation Liquidation and Litigation Trusts in Business Bankruptcies: Practical Guide” (The Knowledge Group, Webcast, January 2016)
  • Co-author, “U.S. Bankruptcy Court Recognized Israeli Liquidation Proceeding in a Chapter 15 Case” (INSOL International, April 2015)
  • Co-author, “U.S. Bankruptcy Court Declines to Grant Comity to Mexican Labor Board’s Decision and Upholds Extraterritorial Application of 11 U.S.C. § 362 Automatic Stay” (INSOL International, March 2015)
  • Speaker, “Securing Value for Unsecured Creditors” (Credit2Bn, Webinar, March 2014)
  • Speaker, “MF Global — Current Status and Claims Process: What Former Customers Should Be Doing to Optimize Recovery Prospects” (National Grain and Feed Association and Grain Journal, Webinar, May 2012)
  • Co-author, “The Safe Harbor Provided for ‘Settlement Payments’ by Section 546(e)” (19 Norton J. Bankr. L. & Prac. 3, June 2010)
  • Author, “When Does a Bankruptcy Court’s Order Confirming a Chapter 11 Plan Bar a Non-Debtor’s Assertion of a Claim Against Another Non-Debtor Under Res Judicata? (2009 Norton Ann. Surv. of Bankr. L., Part I § 3)