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 represents high-net-worth individuals and their companies in large-scale, cross-border investigations and litigations with a focus on insolvency and debtor-creditor disputes. As a member of the firm’s insolvency team, Mr. Utlik has handled independent investigations under the Puerto Rico Oversight, Management and Economic Stability Act, and cross-border insolvency cases filed under Chapter 11 and Chapter 15 of the U.S. Bankruptcy Code, as well as prepetition and postpetition investigations and litigation that require expertise of independent insolvency counsel.

Mr. Utlik also has advised clients in international judgment enforcement and asset recovery matters that span multiple jurisdictions, helping to develop strategies for monetizing high-value claims by tracing and recovering hidden assets and utilizing U.S. discovery and disclosure tools, including 28 USC § 1782 applications.

Born and raised in Belarus, Mr. Utlik is a native Russian speaker and is often asked to assist in litigation, disputes and investigations arising out of the Russian Federation and the Commonwealth of Independent States.

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

  • Representation of a European retailer in enforcing high-value Italian court judgments and European arbitration awards against a former executive, and his advisers and alter egos, who embezzled and secreted assets worldwide.
  • Representation of a Canadian investor in enforcing a US $100 million+ Canadian court judgment against a Middle East-based high-net-worth individual.
  • 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 million.
 

Professional & Community Involvement

  • American Bankruptcy Institute, Member
  • INSOL International, Member
  • New York State Bar Association, Member
  • ABI Legislation Committee, Special Projects Leader (2017-2019)
  • Turnaround Management Association, New York Chapter, Board Member (2018-2019)
  • Turnaround Management Association, New York Chapter, Academic Relations Committee, Vice Chair (2019)
  • Turnaround Management Association, New York Chapter, Nominating Committee, Member (2017-2018)

Publications & Presentations

  • Speaker, “U.S. Disclosure Orders under 28 U.S.C. §1782: A New Weapon in Russian-Related Disputes?” (C5, London, January 2019)
  • 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

  • Representation of a European retailer in enforcing high-value Italian court judgments and European arbitration awards against a former executive, and his advisers and alter egos, who embezzled and secreted assets worldwide.
  • Representation of a Canadian investor in enforcing a US $100 million+ Canadian court judgment against a Middle East-based high-net-worth individual.
  • 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 million.

Professional & Community Involvement

  • American Bankruptcy Institute, Member
  • INSOL International, Member
  • New York State Bar Association, Member
  • ABI Legislation Committee, Special Projects Leader (2017-2019)
  • Turnaround Management Association, New York Chapter, Board Member (2018-2019)
  • Turnaround Management Association, New York Chapter, Academic Relations Committee, Vice Chair (2019)
  • Turnaround Management Association, New York Chapter, Nominating Committee, Member (2017-2018)

Publications & Presentations

  • Speaker, “U.S. Disclosure Orders under 28 U.S.C. §1782: A New Weapon in Russian-Related Disputes?” (C5, London, January 2019)
  • 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)