Bruce Smith, one of the founders of Jager Smith, oversees the firm’s Bankruptcy and Restructuring Group and Litigation Group. Bruce has over thirty years of experience dealing with corporate bankruptcy, restructuring, bankruptcy litigation, and other insolvency related matters. Bruce has played an active role in the Firm's representation of debtors, creditors' committees, asset purchasers, and other parties in corporate restructurings.
After law school, Bruce served as a law clerk to the Honorable M. Joseph Blumenfeld, the Chief Judge of the United States District Court for the District of Connecticut. After completing his clerkship and prior to forming Jager Smith, Bruce served as an Assistant United States Attorney in the Civil and Criminal Divisions of the Office of the United States Attorney for the Eastern District of New York, where he prosecuted numerous criminal cases, represented the United States in numerous civil cases, and served as the Chief of the Environmental Litigation Section, playing an instrumental role in the drafting of the Endangered Species Act.
- Represents the Creditors’ Committee in Omega Navigation Enterprises, Inc., a shipping company based
in Athens, Greece. Debtor is a shipper of refined fuels such as gasonline and heating oil, and owns eight
vessels, in addition to a 50% interest in two other vessels. Debtor has a debt of approximately $396
million.
- Represents the Liquidating Trustee of Boston Generating Company, having previously represented the
Official Committee of Unsecured Creditors. Boston Generating was the owner and operator of a $2 billion
power generating portfolio in New England.
- Served as counsel the Unsecured Creditors of Twin River Casino in Rhode Island in connection with an $800 million restructuring that provided for a 65% recovery.
- Represents the Official Committee of Unsecured Creditors in Majestic Capital, Ltd., which was a specialty
provider of workrs’ compensation insurance products and services.
- Represented the creditors’ committee and then the post-confirmation Liquidating Supervisor in suits
against former officers and employees of a credit card servicing company that processed $10.5 billion in
the twelve months prior to bankruptcy.
- Represented the post-confirmation Liquidating Supervisor in the liquidation of ServiSense.com, a technology company, in which litigation recovered a substantial dividend for unsecured creditors.
- Served as lead counsel for a manufacturer, distributor and supplier of concrete and aggregate products in its Chapter 11 case, and in that capacity negotiated and closed the sales of substantially all of its assets to strategic buyers.
- Represented the debtor and the equity interests trustee in an extraordinary Chapter 11 case that paid all creditors’ claims in full and paid $17 million to equity holders.
- Successfully challenged the security interests claimed by a Chapter 11 debtor’s equipment lenders in certain of the debtor’s assets, leading to a significant dividend paid to the unsecured creditors.
- Handled extensive construction litigation as special counsel to the Chapter 7 trustee of a construction company.
- Represented an international law firm in its dissolution and the sale of portions of its practice.
- Acted as counsel to the official creditors’ committee in the Chapter 11 case of the largest contractor on Boston's "Big Dig" project.
- Counseled numerous debtors in reorganization cases involving substantial real estate assets.
- Represented a significant demolition contractor on Boston's "Big Dig" project in connection with criminal investigations concerning the use and disposal of hazardous materials, guided the client through the removal and remediation process, and resolved the criminal charges.
- Served as lead counsel for the official creditors’ committee in a case involving check kiting and fictitious sales used to defraud banks and creditors.
- Represented a mortgage origination and servicing organization in its Chapter 11 case.