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Thomas A. Draghi is a founding member of the Firm and co-chair of the Bankruptcy, Workout and Restructuring Department. He focuses his practice on bankruptcy and creditors’ rights law, providing high-quality, creative, business-oriented legal counsel to his clients. Tom represents lenders, financial institutions, funds, equity holders, debtors, creditor committees, trustees, secured and unsecured creditors, distressed asset purchasers, and investors in a wide variety of complex workout, restructuring, insolvency, and bankruptcy matters, including in formal bankruptcy proceedings as well as in out-of-court workouts. Tom has also served as a bankruptcy trustee.
Tom is a leading advisor to companies, serving as a key resource by providing legal counsel to assist clients in achieving business solutions for their companies. He represents clients in cases throughout the United States, including in New York, Delaware, New Jersey, and Virginia. Tom regularly litigates commercial issues in bankruptcy cases, including actions involving real estate matters, claims for breach of contract, preferences, fraudulent conveyances, shareholder disputes, discharge and dischargeability, and other litigation matters. Tom also advises clients interested in investing in, acquiring and/or turning around distressed businesses. He has extensive experience in mediation and in dealing with inter-creditor issues.
Tom has been recognized as a leading practitioner in bankruptcy and corporate restructuring. He has been selected as a “New York Metro Super Lawyer” in the area of creditor, debtor rights and bankruptcy, earning this distinction for 10 consecutive years from 2014 - 2023. This extremely prestigious list includes only five percent of all New York metro attorneys, who are selected through an extensive process of peer nominations, blue ribbon panel review, and independent research. Tom recently served as lead counsel to the debtors in two affiliated bankruptcy cases in Delaware that earned highly distinguished awards from two leading international organizations in the industry, being chosen for the TMA Turnaround/Transaction of the Year and the Turnaround Atlas Cross Border Special Situations Deal of the Year.
Tom has also served as Chair of the Nassau County Bar Association Bankruptcy Committee. Tom is a past President, founding member, and current member of the Board of Directors of The Long Island Chapter of the Turnaround Management Association. The “TMA” is a not-for-profit association dedicated to the revitalization and turnaround of distressed businesses. Tom is frequently invited to be a speaker and panelist for various professional groups and organizations throughout the region on bankruptcy, secured lending, ethics, and related topics, including for the New York State Bar Association and Nassau County Bar Association.
Tom earned his law degree, cum laude, from New York Law School in 1990, where he was a member of the Journal of Human Rights. He earned his Bachelor of Science degree in Finance from St. John's University in 1987. At St. John’s, Tom played lacrosse on a four-year athletic scholarship. Tom is also extremely active in his community and with charities, having served on various boards including the Board of Directors of the Farmingdale Lacrosse Club. He also coached and was involved with youth sports in his hometown for more than 17 years, including lacrosse, football, basketball, softball, and baseball. Tom is admitted to practice in the courts of New York, as well as the United States District Court for the Southern, Eastern and Northern Districts of New York, and the United States Court of Appeals for the Second Circuit.