Rosanne T. Matzat
Partner, Bankruptcy & Restructuring
- T 212.478.7410
- F 212.478.7400
Rosanne’s practice has focused on the representation of secured lenders, financial institutions, private equity concerns, indentured trustees, commercial factors, creditors’ committees and trustees in Chapter 11, SIPA and out-of-court proceedings in a wide variety of industries, including securities, oil and gas, coal, franchise lending, retail, textiles, healthcare, recreational vehicle parks, pharmaceuticals and a range of manufacturing concerns.
Rosanne has played an integral role in the evolution of bankruptcy securities industry “safe harbor” protections, including definitional aspects of repurchase agreement treatment (In re Bevill Bresler & Schulman), the scope of “settlement payments” (In re Kaiser Steel), the avoidability of mandatory dividends on preferred stock (In re Color Tile), and ISDA Master Agreement SWAP and forward contact termination provisions (In re Enron Corp.).
Rosanne's familiarity with securities industry and market functioning has been critical to both her work in the subprime mortgage arena as well as numerous representations of trustees appointed under the Securities Investor Protection Act for the liquidation of brokerage houses and satisfaction of SIPA customer claims (In re M. Rimson & Co. Inc.; In re G.F.B. Securities Inc.; In re Cambridge Capital; In re Weatherly Securities, Inc.; In re Great Eastern Securities, Inc.; In re Hudson Valley Capital Management, Inc. and In re Global Arena Capital Corp.). As such, she has full familiarity with all SIPA procedures and manual provisions, claim resolution issues, fidelity bond claim issues and clearing broker liability issues.
Rosanne has represented financial institutions as indenture trustees of public debt issues (e.g., In re Imperial Home Decor, In re Just for Feet) and collateralized mortgage obligations (e.g., In re K-Mart Corp.; In re Finova Group; In re Atlantic Gulf), as well as a wide variety of real estate interests in connection with restructuring issues.
Rosanne has served as faculty for the Commercial Finance Associations’ Annual Workouts and Bankruptcy Workshop and lectures frequently on topics including subprime mortgage issues, the Bankruptcy Code Amendments, Article 9 of the Uniform Commercial Code, bankruptcy issues relating to letters of credit and abandoned property law. Her publications include articles relating to the sale of trade claims in Business Credit and the Equipment Leasing Newsletter and Committee Strategic Plan Issues in the New York Law Journal and the American Bankruptcy Institute’s Cracking the Code.
Rosanne has been active in the American Bankruptcy Institute, serving as Co-Chair of the Unsecured Trade Creditor Strategies Committee from 1994 through 1997. She is a member of the Turnaround Management Association, the New York State Bar Association, and the New Jersey Bar Association. She is admitted to practice before the United States Supreme Court, and the United States Courts of Appeals for the Second, Third and Tenth Circuits. While at law school, Rosanne served as Managing Editor of the Fordham International Law Journal.
Active in a number of community outreach programs, Rosanne serves as a member of the Executive Committee and as Chairperson of the Trusteeship Committee of the Manhattan College Board of Trustees.