Founded in 1978, Jager Smith has been committed to building long-term relationships with our clients, operating under the highest standards of service and ethics to address their unique and ever-changing legal needs. We work hard to achieve solid, measurable results for our clients.

Jager Smith serves our clients in the areas of:


The Clock Runs Out on Federal-Mogul's Asbestos PI Trust's Wrongful Death Action
By Steven C. Reingold and Timothy J. Durken

Ten Things You Need to Know About Intellectual Property Licenses in Bankruptcy

By Timothy J. Durken

DEP to Massachusetts Businesses: "Don't Ignore the Waste Ban"

By Nicholas J. Rosenberg

Gone Baby Gone - Recovery of Stolen Bitcoins in Mt. Gox Bankruptcy
By Timothy J. Durken

You've Been WARNed: Private Equity Liability for Portfolio Company Layoffs
By Jonathan M. Horne

Credit Bid Capped In Charged Fisker Bankruptcy Auction

By Timothy J. Durken

Lawsuit Against Lyondell Shareholders for Repayment of LBO Proceeds Survives Motion to Dismiss
By Timothy J. Durken

"Including" vs. "Including Without Limitation": First Circuit's Lesson on Precision in Loan Contract Drafting
By Timothy J. Durken

"Not Dead Yet": Delaware Corporation Lives on through Receivership after Dissolution for Purposes of Asbestos Claims
By Nicholas J. Rosenberg

Fines Awarded to State Environmental Agency Get Priority Administrative Expense Status Despite "Arising From Pre-Petition Violations"... Well, Sort Of

By Nicholas J. Rosenberg

Second Circuit Rules that Foreign Debtors Must Have Place of Business or Property in the United States for Recognition of a Foreign Proceeding Under Chapter 15 of the Bankruptcy Code

By Timothy J. Durken

Bankruptcy Claims Trading Gets Dirtier as Third Circuit in KB Toys Rules That §502(d) Disallowance Cannot be "Washed" from Claims

By Timothy J. Durken

ResCap Bankruptcy Judge Holds that Unamortized Original Issue Discount in Fair Value Debt for Debt Exchange Not Disallowed Under §502(b)(2)
By Timothy J. Durken

Quantum Physics and Speed of Light at the Delaware Bankruptcy Court Twenty Days of Prepetition Electricity Not Entitled To §503(b)(9) Administrative Priority in Bankruptcy
By Timothy J. Durken

Private Equity Funds May Be Liable for Pension Obligations of their Portfolio Companies under the Groundbreaking First Circuit Court of Appeals' Sun Capital Partners Decision
By Timothy J. Durken

Historical Tort System Claim Values Cannot Be Reduced By “Nuisance” Settlements and “Implicit Defense Costs” to Determine Present and Future Asbestos Liability in §524(g) Bankruptcies
By Timothy J. Durken

Will American Airlines CEO Pocket $20 Million Severance Payment? BAPCA § 503(c) Restrictions on Insider Severance Have No Teeth in Plan Confirmation
By Timothy J. Durken

CalPERS May Prevail Despite City of Stockton Bankruptcy Judge's "Unfair Discrimination" Warning
By Timothy J. Durken

False Alarm? Convertible Bonds Unlikely to be Reduced by the Value of their Conversion Rights in Bankruptcy
By Timothy J. Durken

You've Been WARNed: Delaware Bankruptcy Court Affirms Affiliated Company Liability for WARN Act Violations
By Jonathan M. Horne


Majestic Capital, Ltd. f/d/b/a CRM Holdings, Ltd.
Jager Smith is serving as lead counsel to the Liquidating Trustee of six liquidating trusts created pursuant to the joint plan of liquidation confirmed in the Chapter 11 cases of Majestic Capital and five of its subsidiaries. Click here to read more.
Kingsbury Corporation et al.
Jager Smith represents the Official Committee of Unsecured Creditors of Kingsbury Corporation and two related debtors. Click here to read more.
Jager Smith represented the Official Committee of Unsecured Creditors of Boston Generating, LLC and its affiliated debtors in connection with the negotiation and confirmation of their joint plan of liquidating. Click here to read more.
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Boston Skyline

TelexFree: How We Got Here and Where We Are Going
Attorneys Timothy J. Durken and Jonathan M. Horne discussed TelexFree's $1 billion pyramid scheme and its bankruptcy, SEC and Massachusetts' Securities Division actions, and DOJ criminal proceedings at the Boston Bar Association on October 14, 2014.  Slides available here.

Trouble at TelexFree: What Comes Next?
Jager Smith P.C. Attorney Timothy J. Durken joins a Wall Street Journal panel to discuss next steps in the TelexFree's $1 billion ponzi scheme investigation, bankruptcy proceedings, SEC and MSD actions, and criminal proceedings. Watch the discussion here

Attorney Tim Durken Quoted in Turnarounds & Workouts
Jager Smith P.C. Attorney Timothy J. Durken discusses bitcoin exchange Mt. Gox’s cross-border bankruptcy and the theft of 750,000 bitcoins worth almost $500 million in the March 2014 edition of Turnarounds & Workouts. Read more here

Attorney Tim Durken Quoted in Turnarounds & Workouts
Jager Smith P.C. Attorney Timothy J. Durken's article on distressed claims trading and the recent Third Circuit Court of Appeals' KB Toys opinion was quoted in the February 2014 edition of Turnarounds & Workouts at p. 9. Read more here

Jager Smith Announces Addition of Peter L. Banis
Jager Smith P.C. is pleased to announce that Peter L. Banis has joined the firm Of Counsel and will continue his practice in Federal and State Tax Controversies and Litigation, Partnership, Pass-Through Entity and Corporation Structure and Taxation, and Estate Planning.

Jager Smith Attorneys' Recent Awards and Recognition
Jager Smith P.C. is pleased to announce that Attorneys Bruce F. Smith, Michael J. Fencer, and Joanne D'Alcomo have been named as Massachusetts Super Lawyers for 2013 by Boston Magazine. Attorney Nicholas J. Rosenberg was named as a Rising Star for 2013 in that same edition. Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement. The selection process is multi-phased and includes independent research, peer nominations and peer evaluations. Click here to read more.

Jager Smith and Bruce F. Smith Recognized by Chambers & Partners, U.S.A.
Jager Smith and Bruce F. Smith were recently recognized by Chambers & Partners, U.S.A. as leaders in bankruptcy and restructuring in Massachusetts.
Substantial Dividend for Unsecured Creditors in Baytown Navigation Cases

The United States Bankruptcy Court for the Southern District of Texas entered an order confirming the Debtors' consensual, second amended liquidating plan. The plan provided for a meaningful return on allowed unsecured claims where many originally speculated unsecured creditors would receive nothing. Click here to read more.

W Hotel Bankruptcy Continues
After a successfull representation by Jager Smith of the Official Committee of Unsecured Creditors of SW Hotel Venture LLC and its affiliated debtors, which resulted in a confirmed Plan that provided for a 100% dividend for unsecured creditors, the case currently resides in the United States Court of Appeals after an appeal by the debtor from an order by the Bankruptcy Appellate Panel reversing the confimation order. Click here to read more.

Jager Smith and Kavinoky Cook Orchestrate Successful Purchase of Assets
Jager Smith, together with its co-counsel Kavinoky Cook, LLP of Buffalo, New York, succeeded in their representation of an asset buyer in the consolidated Chapter 11 proceedings of K. Van Bourgondien of Virginia, Inc. and Simple Pleasures Flowerbulbs & Perennials, Inc., both pending in the United States Bankruptcy Court for the Eastern District of Virginia.  Click here to read more.