Jay Teitelbaum, managing member
White Plains, New York
Over the past 30 years, as an associate at Zalkin Rodin & Goodman and a partner in the bankruptcy and restructuring group of Morgan Lewis & Bockius, Mr. Teitelbaum has developed a commercial law practice with specialization in commercial transactions and litigation, creditor's rights and bankruptcy and restructuring. Jay has represented senior secured lenders, DIP Lenders, unsecured creditors, equity holders, buyers and sellers of property, debtors, and other significant parties in interest in many of the most prominent and complex bankruptcy cases in this country, including The Tribune Companies; 1031 Tax Group, Suntech Power; Lehman Brothers; United Airlines; Kmart; Polaroid; Burlington Industries; Wolf Camera ; Oneida; Navigator Gas Transport PLC; RCN; Calpine Generating; American Plumbing & Mechanical; AHERF; Covanta, Tower Automotive; American Business Financial Corp; American Commercial Lines; and Galey & Lord. Jay has extensive trial and appellate experience in state and federal courts throughout the country, including appellate arguments before the Second and Eleventh Circuits.
In April 2007, Mr. Teitelbaum started the firm of Teitelbaum & Baskin, LLC with Ron Baskin, so that they could provide big firm expertise and quality in an efficient and cost effective format. Based in White Plains, New York and New York City, the Firm is involved in all size commercial matters in New York City, Westchester, and surrounding counties, including cases in the Eastern, Northern and Western Districts of New York.
Mr. Teitelbaum has built his career on his ability to create consensus and get deals done, whether for a lender, a buyer or seller, or a party to a complex litigation or transaction. In addition, over the course of his career, Jay has served as a volunteer on quasi judicial local government boards, including terms as a trustee and zoning board member in the Village of Ardsley, New York, and as a planning board member in the Village of Briarcliff Manor, New York. The years of community service further demonstrate his commitment to the law and to using his legal expertise to fashion fair and consensual resolutions.
Mr. Teitelbaum is an active mediator in the United States Bankruptcy Court for the Southern District of New York and having been appointed to mediate complex disputes in large commercial cases including Metaldyne (formerly Chrysler) and Kodak, and smaller bankruptcy matters.
Mr. Teitelbaum is an active member of the S.D.N.Y. Bankruptcy Bar and has been involved in addressing issues faced by mortgage lenders and servicers in all aspects of the bankruptcy process. Mr. Teitelbaum regulary advises lenders and servicers on best practices and procedures in New york matters.
Jay is a graduate of St. John's University School of Law (1985), and of Hofstra University, with a Bachelors of Business Administration in Accounting (1982). He is admitted in the New York State Supreme Court, Appellate Division - First Department (1986); United States District Courts for the Southern and Eastern Districts of New York (1986); United States Court of Appeals - 2d. Circuit (1990); United States Supreme Court (1991); United States District Court, Western District of New York (2002); Northern District of New York (2009); United States Court of Appeals for the 11th Circuit (2005); United States District Court, Southern District of Indiana (2005); and United States District Court, District of Connecticut (2016).
Jay has also been admitted pro hac vice in numerous Bankruptcy and District Courts including: Delaware, Tennessee, Pennsylvania, Connecticut, Texas, Missouri, New Jersey, New Hampshire, and Georgia.
In 2015 Jay was named as a co-chair of the Bankruptcy Committee of the Westchester County Bar Association.
- The Banking Law Journal: Diversity Jurisdiction: Where Do National Banks Live? , March, 2007
- Journal of Bankruptcy Law: The Effect of Venue on Creditor Recoveries in Bankruptcy, March, 2007
- Co-author, Morgan Lewis White Papers: An Overview of the Bankruptcy Reform Act; SPM-Split Decisions; Post Confirmation Jurisdiction
- Jay Teitelbaum was a featured speaker for the New York State Bar Association concerning mortgage foreclosures and workouts in Fall 2016, April 2010 and 2009.
- Jay Teitelbaum was a featured 2013 speaker at Pace University School of Law concerning mortgage foreclosures and workouts April 2010.
Jay Teitelbaum is a featured continuing legal education speaker for Judicial Title and First American Title on bankruptcy and real estate litigation matters.
- Featured Speaker , Bloomberg Financial Bankruptcy Law Seminar, 2007 on The Changing Dynamics of Bankruptcy Reform Act, 2005
* Effective February 12, 2016 Teitelbaum & Baskin changed its name to Teitelbaum Law Group, LLC. Ron Baskin retired from the firm in 2014ATTORNEY ADVERTISING