Advises on corporate restructurings, workouts and creditors’ rights litigation, with a particular focus on the representation of investment funds and financial institutions in distressed situations.
Adam has represented a variety of clients in connection with distressed acquisitions by third-party investors or existing creditors through “credit bid” or similar strategies, as well as in-court and out-of-court restructurings.
In addition to representing creditors and acquirers in distressed situations, he has represented Chapter 11 debtors, as well as portfolio companies in out-of-court exchange offers, debt repurchases and other capital restructurings.
- TPG Specialty Lending Inc. as secured term lender in connection with the Barney’s Chapter 11 cases
- The official unsecured creditors’ committee in the Maxus Energy Corporation Chapter 11 case.
- Ad hoc committee of holders of 6.50-percent notes issued by Seventy Seven Energy Inc.
- Cerberus Capital Management in connection with the Chapter 11 bankruptcy of RadioShack Corp.
- Cerberus Capital Management in connection with the Chapter 11 cases of LightSquared Inc. and its affiliates.
- Mount Kellett Master Fund II in the Chapter 11 case of The Great Atlantic and Pacific Tea Company (as both lender and equity holder).
- A group of private equity funds in the Allied Systems Holdings bankruptcy.
- A group of private equity funds, in their capacity as term loan holders, in connection with the “credit bid” acquisition of substantially all of the assets of Real Mex Restaurants, Inc. and its affiliates.
- The agent and term lenders in connection with the Chapter 11 cases (and simultaneous proceedings under the Companies’ Creditors Arrangement Act in Canada) of Pope Talbot Inc. and its affiliates.
- The agent and term lenders in connection with the Chapter 11 cases (and simultaneous proceedings under the Companies’ Creditors Arrangement Act in Canada) of AbitibiBowater Inc. and its affiliates.
- A private equity fund in connection with the proposed acquisition of a substantial portion of the assets of Delphi Corp. and its affiliates.
- A group of private equity funds, in their capacity as term lenders, in connection with the “credit bid” acquisition of substantially all of the assets of Lenox Brands Inc.
- A group of private equity funds, in their capacity as lenders, in connection with the “credit bid” acquisition of substantially all of the assets of Pappas Broadcasting Inc.
- A financial institution in connection with the “credit bid” acquisition of substantially all of the assets of Inner City Media Corporation and its affiliates.
- The first-lien lenders in connection with the Chapter 11 cases of DBSD North America Inc. and its affiliates.
- The largest single mortgage certificate holder in the Chapter 11 cases of Extended Stay Hotels Inc. and its affiliates.
- Several portfolio companies of private equity funds in connection with out-of-court exchange offers, debt repurchases and other capital restructurings.
- Chambers Global
- Chambers USA
- The Legal 500 US
- Global Restructuring Review GRR 30, Recommended, 2025
- Best Lawyers in America, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Litigation – Bankruptcy, 2026-2027
- The K&A Restructuring Register
- Who’s Who Legal: Restructuring & Insolvency
- New York City Bar Association
- Georgetown University Law Center, JD, magna cum laude,
- Emory University, BA
- New York
- US Court of Appeals, Eleventh Circuit
- US Court of Appeals, Second Circuit
- US District Court, Southern District of New York
- US District Court, Eastern District of New York

Kelly Koscuiszka
Co-Head of Investment Management Regulatory and Enforcement. Advises private funds on regulatory and compliance matters, particularly the Investment Advisers Act of 1940.
Kelly supports clients undergoing SEC examinations, including by handling deficiency letters and enforcement referrals and uses that experience to assist clients with exam preparedness.
She practices in the intersection of regulation and emerging technologies, including artificial intelligence, alternative data, web scraping and electronic communications.
Kelly also advises clients on data privacy and cybersecurity.
She regularly conducts client training sessions and is a sought-after presenter at leading industry conferences.
- A former Equifax CIO in a widely publicized insider trading case brought by the DOJ and the SEC in the Northern District of Georgia. The executive was charged with trading on material non-public information ahead of the company’s public announcement of its 2017 data breach.
- A private fund in connection with the SEC’s investigation of the 2014 Yahoo data breach.
- A broker-dealer portfolio company in parallel SEC and DOJ investigations of securities fraud, which resulted in a corporate criminal plea in the District of New Jersey and SEC settlement, as well as the related distribution of a $110 million SEC Fair Fund.
- A private equity fund in cross-border disputes relating to a failed investment in Brazil and various litigations attempting to hold the private equity sponsor responsible for its portfolio company’s liabilities; resolved related insurance coverage disputes with five insurers.
- New York Super Lawyers – Rising Star
- Lexology Data 100, Recommended, 2026
- Chambers USA, Investment Funds: Regulatory & Compliance, 2025-2026
- Georgetown University Law Center, JD, Georgetown University Law Center Advocacy Award
- Rutgers University, BA
- New York
- Supreme Court of the United States
- US District Court, District of New Jersey
- US District Court, Eastern District of New York
- US District Court, Southern District of New York

Craig Stein
Head of CLOs. Represents issuers, underwriters, collateral managers and investors in collateralized loan obligations (CLOs), and advises on other structured finance and asset-backed transactions and swaps and other derivative products, including prime brokerage and customer trading agreements.
- Chambers Global
- Chambers USA
- The Legal 500 US
- Expert Guide to the World’s Leading Banking, Finance and Transactional Law Lawyers – Structured Finance and Securitisation
- American Bar Association
- New York State Bar Association
- New York City Bar Association
- International Swaps and Derivatives Association
- Loan Syndications and Trading Association
- Structured Finance Association
- University of Pennsylvania Law School, JD, cum laude
- Colgate University, BA, cum laude
- New York

Harry S. Davis
As one of the firm’s deputy general counsels, Harry Davis focuses on providing advice and support to McDermott Will & Schulte’s attorneys and business staff, including with regard to risk-related issues, litigation matters, conflicts of interest, ethics and other topics. Prior to his current role in the Office of General Counsel at McDermott, Harry was the General Counsel at Schulte Roth & Zabel and a long-time litigation partner.
Harry has substantial experience in both civil litigation and securities regulatory matters and has litigated numerous cases in federal and state courts throughout the United States, including substantial trial experience in bench and jury trials, arbitrations, evidentiary hearings, mediations and administrative adjudications.
Over the course of a career spanning more than 35 years, Harry has represented clients in investigations and litigations involving allegations of insider trading, market manipulation, market timing and late trading, misconduct involving PIPEs, short-swing profits, securities, commodities and common law fraud, breach of fiduciary duty, employee raiding and other employment issues, misappropriation of trade secrets and other business torts, as well as breach of contract and other theories of liability.
In addition to being an experienced litigator, Harry is also a prolific author and speaker.
- Lead partner representing private equity funds and their advisers as well as securities intermediaries in litigations challenging the validity of life insurance policies for purported lack of insurable interest in cases adverse to life insurance companies as well as families of the deceased insureds who had knowingly sold those policies into the life settlement market (often at a substantial profit) but who nonetheless sought many years later to claw back the death benefits properly paid to the private equity funds who had purchased those policies in the market. In doing so, Harry has established important precedent relating to liability and damages, including defeating claims in numerous trial and appellate courts around the country (including establishing important precedent in the Delaware Supreme Court).
- One of the lead trial counsels to interdealer broker Tullett Prebon plc (now TP ICAP plc) in a four-month jury trial in New Jersey State Court (Hudson County) against rival BGC Partners Inc. for illegally hiring away 80 brokers and managers as part of a global raid on Tullett’s business in the Americas. Claims tried to the jury included violations of New Jersey’s racketeering statutes, unfair competition, misappropriation of trade secrets and confidential information, and tortious inference. Also represented Tullett Prebon’s U.S. subsidiaries in related FINRA arbitration (which included a 50+ day arbitration hearing). Jury trial settled in favor of Tullett Prebon for $100 million during jury deliberations, resulting in over $130 million in recovery by Tullett Prebon and its subsidiaries in these related cases.
- Lead trial counsel to interdealer broker Tullett Prebon in an AAA Arbitration alleging misappropriation of trade secrets. Successfully invalidated the contractual damages provision relied upon by rival BGC Partners in seeking approximately $2 billion in damages. Following trial, the arbitrator awarded BGC less than $1 million in damages in this “bet the company” case and found that BGC was not the prevailing party and, therefore, was not entitled to attorney’s fees despite the fact that Tullett had conceded liability. Successfully defended the arbitration award in response to a motion to vacate it in New York Supreme Court as well as on appeal to the Appellate Division, which found that the Arbitrator’s conclusion that the provision was unenforceable to be “inescapable” based upon the evidence Tullett had introduced in the arbitration hearing. BGC v. Tullett (AAA Arbitration, NY Supreme Court and Appellate Division, 1st Department).
- Benchmark Litigation
- The Legal 500 US
- New York State Bar Association Empire State Counsel Honoree
- New York Super Lawyers
- Best Lawyers in America, Commercial Litigation, 2026
- American Bar Association
- New York State Bar Association
- New York County Lawyer’s Association
- Chairman, 2003-04; Co-Chairman, 2002-03; Vice Chairman, 2001-02 – Trade Regulation Committee
- New York City Bar Association
- Compliance and Legal Division, Securities Industry and Financial Markets Association
- Federal Bar Council
- Federalist Society
- Cornell Law School, JD, Member, magna cum laude, Cornell Law Review, Order of the Coif, Editor
- Johns Hopkins University, BA, Moot Court Board, Departmental Honors
- New York
- New Jersey
- US Court of Appeals, First, Second, Third, Ninth and Tenth Circuits
- US District Court for the Eastern, Southern, Western and Northern Districts of New York, the District of New Jersey and the District of Colorado

Ari Z. Aranda
Ari Z. Aranda advises institutional lenders, borrowers, sponsors, and investors in real estate transactions, with a particular focus on complex real estate finance. He has represented major institutional lenders in nearly 100 mortgage and mezzanine loan transactions totaling billions of dollars, involving a broad range of financing structures and property types.
Ari’s experience spans transactions throughout the United States, including New York, Florida, California, Hawaii, Texas, Pennsylvania, Illinois, and Washington, DC. He has worked on financings involving luxury condominium developments, hotels, office buildings, retail properties, and multifamily projects, from ground-up construction through stabilized operations.
Ari also represents lenders in loan workouts and restructurings, deeds, and assignments in lieu of foreclosure, loan sales and purchases, and other secondary-market transactions. His experience includes structuring and negotiating intercreditor, co-lender, and participation arrangements.
Additionally, Ari represents borrowers, sponsors, and investors in real estate acquisitions and dispositions, joint ventures, mortgage and mezzanine financings, and other investment and development transactions.
- Brooklyn Law School, JD, magna cum laude
- Binghamton University, BA, cum laude
- New York

William J. Barbera
Advises on transactional and regulatory matters impacting broker-dealers, hedge funds and other financial institutions.
Bill advises clients regarding a number of regulations applicable to securities trading and custody practices, including regulations related to alternative trading systems, short sale practices, best execution obligations, trading in new issues and the SEC’s customer protection rule.
He also advises clients on transactional matters, including mergers and acquisitions involving broker-dealers and the negotiation of trading, custody and prime brokerage agreements.
- Best Lawyers: Ones to Watch in America, Administrative / Regulatory Law, 2026-2027
- Washington University School of Law, JD, cum laude
- Washington University in St. Louis, MBA, cum laude
- Tufts University, BA
- New York
- English

Vera Quagliato
Focuses her practice on structured finance and asset-backed transactions.
Vera has represented issuers, underwriters, equity investors and asset managers in connection with collateralized loan obligation transactions and warehouse financing transactions.
- Women in Securitization – WiS Rising Star, 2025
- Fordham University School of Law, JD, Ruth Whitehead Whaley Scholar, cum laude, Fordham Journal of Corporate & Financial Law, Archibald R. Murray Public Service Award
- The City College of New York, BA, Staff Member, summa cum laude
- New York
- Russian

Taleah E. Baez
Advises on complex commercial litigation matters with a primary focus on fiduciary-related issues, including matters raised in trust and estates litigation, shareholder disputes and litigations involving employment-related matters.
Taleah’s clients include financial services entities, such as investment managers, private equity firms, interdealer brokerage firms, multiemployer pension funds and commercial real estate firms, and fiduciaries of large trusts and estates. She has litigated cases in various state and federal courts, as well as regulatory and arbitration forums, from the commencement of claims through trials and appeals.
- Represents beneficiary of the estate and various testamentary trusts established by the founder of a multibillion-dollar hedge fund in accounting and other proceedings, including disputes with other beneficiaries over Hamptons’ real estate property valued at more than $160 million.
- Represents the trustee of a testamentary trust with controlling interests in an internationally well-known restaurant enterprise in connection with claims raised by the trust beneficiaries relating to control and management of the trust assets.
- Represents an international sports association in connection with antitrust and contract claims asserted against it by an entity that unsuccessfully bid for opportunity to establish a sporting league, governed by the international organization, in the United States.
- Represented a major interdealer brokerage firm in various arbitrations and civil litigations arising out of a global corporate raid by a fierce competitor, including serving as co-lead counsel in a five-month jury trial resulting in a $100 million settlement for our client during jury deliberation.
- Successfully defeated alter ego liability claims asserted against a large private equity firm in a case alleging alter ego liability arising out of the alleged contractual breaches by a portfolio company in connection with its provision of services to a large metropolitan public transit authority.
- Defeated contract and defamation claims made against a multibillion-dollar investment firm by a former portfolio manager to whom it provided a $100 million notional seed capital investment.
- Represented an investment manager in a dispute with a former employee who claimed an ownership interest in tens of millions of dollars of client revenues.
- Successfully defeated brokerage claim on $1 billion sale of prominent New York City office tower.
- Served as lead counsel on a nine-day trial, obtaining a five-year Order of Protection for a client who suffered severe physical abuse by her husband.
- Benchmark Litigation
- Benchmark Litigation Under 40 Hot List, 2016
- The Legal 500 US
- Crain’s Notable Women in Law
- The Lawdragon 500 Leading Litigators in America
- New York Super Lawyers – Business Litigation, 2022-2024
- New York Super Lawyers – Rising Star, 2015-2017
- Best Lawyers Business Edition – Trusts and Estates Litigation, Summer 2022
- Crain’s Notable Diverse Leader in Law
- Lawyers of Color – Wonderful Women, 2023
- Savoy’s Most Influential Black Lawyers, 2018, 2022
- Burton Award for Distinguished Legal Writing, 2016
- New York State Bar Association Empire State Counsel Honoree, 2014
- Sanctuary for Families, Zero Tolerance Award Recipient, 2021
- Sanctuary for Families, Excellence in Pro Bono Advocacy Award Recipient, 2011, 2015, 2017
- Advisory Board, LIFT, 2008 – present
- Board of Directors, Sanctuary for Families, 2014 – present
- Trusts, Estates & Surrogates Courts Committee, Board of Directors, New York City Bar Association, 2019 – present
- Rutgers Law School, JD
- University of Maryland, BS
- New York
- Massachusetts
- US Court of Appeals, Second Circuit
- US District Court, Southern District of New York
- US District Court, Eastern District of New York
- US Court of Appeals, Third Circuit
- US District Court, District of Massachusetts

Daniel V. Oshinsky
Head of Fund Finance. Represents hedge funds, private equity funds, asset managers, specialty finance companies and investment banks in a wide range of financing transactions.
Dan has particular experience in fund finance, ABL facilities and structured credits, including CLOs, CBOs, CFOs, warehouse lines, leveraged finance vehicles, capital call facilities, NAV facilities, GP, LP and management company financings, secondary facilities, rated feeders and fund-of-fund loans.
He also focuses on a variety of other secured and unsecured finance transactions, both on the borrower and lender side, including cash-flow and asset-based loans, acquisition financing, Term B loans, unitranche loans, mezzanine and subordinate loans, distressed debt investments, workout and restructuring transactions, debtor-in-possession and exit financings, cross-border transactions and other complex credit arrangements.
- Collateral manager and credit fund/equity investor under $600 million CLO for broadly syndicated loans.
- Collateral manager and credit fund/equity investor under $520 million CLO for broadly syndicated loans.
- Collateral manager and credit fund/equity investor in $575 million middle market CLO.
- Collateral manager and credit fund/equity investor in $555 million middle market CLO.
- New manager in connection with its first asset-based facility, a $500 million credit facility to finance the purchase of broadly syndicated loans.
- Real estate fund under a $425 million capital call facility.
- Fund investing in non-performing loans under a $400 million capital call facility.
- Collateral manager and credit fund/equity investor under $350 million “static” CLO for middle market loans.
- Collateral manager under $300 million TruPS CDO.
- Credit fund under $300 million asset based facility to finance the purchase of broadly syndicated loans.
- Credit fund as borrower under $265 million warehouse credit facility with both senior and mezzanine loan tranches to finance a middle market loan portfolio in advance of a CLO transaction.
- New manager under a $250 million capital call facility to main fund and $250 million capital call facility to co-investment fund.
- Credit fund under $250 million asset based facility to finance the origination of middle market loans.
- Collateral manager and credit fund/equity investor under $250 million warehouse credit facility for broadly syndicated loans in anticipation of a CLO.
- BDC under $250 million capital call facility.
- Large asset manager under $215 million credit facility secured by GP interests for the purpose of financing an executive loan program.
- Real estate fund in connection with a $200 million credit facility for a leveraged feeder transaction.
- Middle market SMA fund as borrower under $200 million asset-based credit facility.
- Credit fund as borrower under $150 million asset-based credit facility to finance small to middle market commercial loan portfolio.
- Credit funds under $150 million sourcing agreement for the purchase of middle market loans.
- Joint venture in $150 million credit facility to finance the acquisition of music portfolios.
- Fund in $125 million credit facility to finance the acquisition of music portfolios.
- Asset manager under $100 million capital call facility for CLO equity fund.
- Asset manager under $50 million working capital facility secured by management fees.
- VC fund under $50 million NAV facility.
- Chambers USA
- The Legal 500 US
- New York Super Lawyers
- New York University School of Law, JD, Review of Law and Social Change, Associate Editor
- Yeshiva University, BA, magna cum laude
- New York

David S. Wermuth
Co-Head of Tax, New York. Advises on the tax aspects of onshore and offshore investment funds, private equity partnerships and their investment managers.
Specifically, David represents investment managers in connection with the formation and the ongoing operation of investment funds, including navigating the tax issues related to the proper documentation and international tax reporting of investors in such funds.
He also represents private equity fund managers in connection with the acquisition and disposition of portfolio investments.
- University of Pennsylvania Law School, JD, cum laude, Journal of International Law, Senior Editor
- Yeshiva University, BA, summa cum laude
- New York
