Josh Sturm

Before joining Davis Polk, Josh's representations included:

Creditors

• Baupost Group funds holding $3.6 billion in subrogation claims in Pacific Gas and Electric Company's chapter 11 cases
• Elliott Management Corp. as largest unsecured creditor in Energy Future Intermediate Holding Company LLC chapter 11 cases
• Ad hoc group of Global A&T Electronics Ltd. noteholders in high-speed prepackaged New York bankruptcy court restructuring
• Ad hoc group of NewPage Corp. term lenders in pre-negotiated simultaneous chapter 11 cases of NewPage and its corporate parent, Verso Corp.
• Official committee of unsecured creditors in chapter 11 case of Nortel Networks Inc., including cross-border multinational litigation over allocation of $7.3 billion of asset sale proceeds

Debtors

• Kaisa Group Holdings Ltd. in chapter 15 case recognizing an international restructuring of $3 billion in debt through consensual Cayman and Singapore proceedings
• Gawker Media, LLC in chapter 11 case resulting in fully consensual restructuring
• Inner City Media Corp. in contested involuntary chapter 11 proceedings, resulting in successful section 363 auction and plan

Asset Purchasers

• Consortium of Philadelphia-area hospitals in winning section 363 bid for Hahnemann University Hospital residency slot assets
• Key Food Stores Co-Operative Inc. in its successful chapter 11 section 363 stalking horse bid for 23 A&P grocery stores

Bankruptcy Appellate Litigation

• Liaison counsel to Tribune Company shareholder defendants in fraudulent transfer litigation seeking clawback of $8 billion in LBO proceeds, including precedent-setting SDNY and Second Circuit rulings regarding scope of Bankruptcy Code securities safe harbor
• Indenture trustee for $250 million of Momentive Performance Materials 1.5 Lien Notes in appeal of plan confirmation, including precedent-setting Second Circuit appeal regarding establishing cramdown interest rates and enforceability of make-whole provisions in chapter 11 cases

Supreme Court Bankruptcy Cases

• Successful appellant in Bullard v. Blue Hills Bank, establishing that bankruptcy court judgments denying plan confirmation do not constitute “final” judgments appealable as of right
• Appellant in Executive Benefits Insurance Agency v. Arkison, addressing nature and scope of Article I Bankruptcy Court constitutional authority