Alissa M. Nann

Senior Counsel

Overview

Alissa Nann, a senior counsel and bankruptcy attorney with Foley & Lardner LLP, focuses her practice in the areas of corporate and financial restructuring, insolvency, bankruptcy, and debtors’ and creditors’ rights. She has represented business debtors, not-for-profits, lenders, creditors and creditors’ committees in bankruptcies and out-of-court restructurings, and has experience with bankruptcy sale transactions, lease issues, preference and fraudulent conveyance avoidance actions, and claim administration and objections. Alissa is a member of the firm’s Bankruptcy & Business Reorganizations Practice.

Prior to joining Foley, Alissa was an associate with Baker Hostetler where she represented secured and unsecured creditors, trustees and creditors’ committees in chapter 11 and chapter 7 cases. She also handled SIPA liquidations, including representation of the SIPA trustee in the liquidation of Bernard L. Madoff Investment Securities LLC.

From 2012 to 2013, Ms. Nann served as a law clerk to the Honorable Shelley C. Chapman, United States Bankruptcy Judge for the Southern District of New York.

Alissa dedicates pro bono hours to, among other things, advising individual consumer debtors regarding the bankruptcy process.

Representative Experience

  • In re Alrose Allegria, LLC & Alrose King David, LLC. Counsel to chapter 11 debtor in restructuring of full service hotel located in Long Beach, NY.
  • The Bancorp Bank. Counsel to Bancorp as a secured lender to a number of stressed and distressed borrowers, including in the chapter 11 case of Phoenix Payment Systems.
  • Best Buy. Counsel to Best Buy as a creditor in various bankruptcies and out-of-court distressed situations, including in the chapter 11 restructuring of NewZoom, one of the largest sellers of Best Buy inventory outside of Best Buy stores.
  • Wilmington Trust Company. Represent WTC as indenture trustee, holding billions of dollars in bonds and sub-debt in various cases, including Samson and Peabody.
  • Wilmington Savings Fund Society. Represent WSFS as indenture trustee in Verso Paper.
  • Lyondell. Advise various clients named as defendants in $12.5 billion LBO clawback action.
  • Sooner Holdings. Represent Sooner Holdings (f/k/a Syntroluem) in asset sale to Tyson, and in connection with a shareholder class action.
  • Trustee Representations:
    • Ken Tepper as plan trustee for Guaranty Financial Group and as plan administrator for Big Sandy Holding Company.
    • SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC.
    • Plan trustee for the Raser Creditor Trust.
    • Stillwater Liquidating LLC, liquidating assets of Stillwater Asset Backed Offshore Fund and 11 affiliated funds.

Recognition

In 2014 – 2018, Alissa was selected for inclusion in the New York Super Lawyers - Rising Stars® lists.

Education

Alissa earned her J.D. from Georgetown University Law Center in 2006 where she was executive editor for the American Criminal Law Review and was also a member of the Student Bar Association. She received her B.A. in political science, with high honors, from Michigan State University in 2002.

Admissions and Professional Memberships

Alissa is admitted to practice in New York and the U.S. District Court for the Southern and Eastern Districts of New York. She is a member of the New York City Bar Association, the American Bankruptcy Institute, the Turnaround Management Association, and the International Women’s Insolvency and Restructuring Confederation.

Representative Matters

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Represents Student CU Connect CUSO and other Foley clients that have been sued by the ITT trustee to avoid $250 million of transfers, transactions, liens, and claims. Foley’s clients provided private student loans to ITT’s students from 2009 through 2011, funding nearly $190 million of student loans.
Represented a multi-billion dollar bank, The Bancorp Bank, specializing in the data and credit card processing space as a secured creditor in successfully effectuating the appointment of a CRO, among other things, for troubled borrower, Phoenix Systems (a data processor). Phoenix filed a chapter 11 bankruptcy and sold the debtor’s business and assets for $50,000,000 and repaid The Bancorp Bank in full with interest and fees.