Seth Goldman is a bankruptcy partner in the Los Angeles office of Munger, Tolles & Olson.
Mr. Goldman’s practice includes representing debtors, creditors, shareholders, independent directors and special board committees, official and ad hoc committees, investors in corporate restructurings and parties in bankruptcy-related litigation.
He is ranked in peer-reviewed The Best Lawyers in America 2024 and 2025 editions for his work in bankruptcy litigation, which features the top 5-6% of lawyers in the nation across 150 practice areas. In 2023, he was recognized as a notable practitioner in restructuring and insolvency in the International Financial Law Review’s annual guide to the world’s leading financial and corporate lawyers and law firms. IFLR globally ranks close to 5,000 law firms and more than 21,000 lawyers across 12 practice areas and 250 jurisdictions. Mr. Goldman is consistently ranked in Chambers USA.
Mr. Goldman frequently writes and lectures on issues in bankruptcy and is a contributing author to Collier on Bankruptcy, the preeminent bankruptcy law treatise. He has released educational videos through LexisNexis’s Practice Videos series, with the most recent providing an overview of the automatic stay under section 362 of the Bankruptcy Code. He is also a former governor and current treasurer for the Financial Lawyers Conference, the leading bankruptcy and finance professional organization in California.
Mr. Goldman was inducted as a Fellow of the American College of Bankruptcy in 2019.
Experience
Mr. Goldman’s public representations include:
- WeWork, Inc. at the direction of a Special Committee of independent directors of the board with regard to conflicts matters with related parties, including SoftBank Group and affiliates, and Adam Neumann.
- Berkshire Hathaway in various restructuring matters including as a bondholder and asset buyer in the Residential Capital bankruptcy, and the equity owner in the Whittaker Clark & Daniels bankruptcy cases.
- Netflix in connection with Chilean media company WOM SA’s bankruptcy restructuring.
- Hawaiian Electric Industries, Inc. regarding the August 2023 devastating Maui wildfires, including the Lahaina Fire, which was the deadliest U.S. wildfire in over a century.
- Alter Domus, the agent for certain lenders under an asset-backed credit agreement with Revlon Inc. in connection with Revlon’s bankruptcy cases and use of cash collateral.
- Bolivarian Republic of Venezuela in an ongoing case with respect to the enforcement of a $1.4 billion judgment obtained by Crystallex related to the Maduro government’s nationalization of assets in Venezuela.
- Bank of America in the Ditech Financial bankruptcy and asset sale and settlement of claims between the companies.
- Nexus Capital Management, a California-based private equity firm, in its acquisition out of bankruptcy of FTD Companies’ florist network in North America and Latin America.
- Pacific Gas & Electric and PG&E Corporation in their bankruptcy reorganization cases with respect to certain matters including regulatory matters, power purchase agreements and wildfire claims.
- Oaktree Capital Management LP in connection with the out-of-court and subsequent in-court reorganization of its portfolio company owned power plant in Salem Harbor, Massachusetts.
- LATAM Unsecured Creditor Ad Hoc Group, in their appeal of orders confirming the plan of reorganization and backstop agreements in the reorganization of LATAM Airlines Group, S.A.
- Nine West in its bankruptcy reorganization.
- GenOn Mid-Atlantic, an electric power generation and distribution company, in its out-of-court restructuring of leveraged lease coal plants.
- iHeart Communications in its out-of-court and in-court restructuring.
- Berry Petroleum in its bankruptcy reorganization and separation from Linn Energy.
- Payless in its bankruptcy reorganization in 2017.
- Gymboree in its bankruptcy reorganization in 2017.
- Toys R Us, Inc. in its bankruptcy case.
- First lien & DIP lender in Freedom Communications.
- Texas Competitive Electric Holdings group of companies in the Energy Future Holdings bankruptcy cases.
- Edison International in the Edison Mission Energy bankruptcy cases.
- The Official Committee of Syms Equity Securities Holders in the Chapter 11 reorganization of Syms Corp./Filene’s Basement.
- Wasserstein Partners, LP (nka EagleTree Capital, LP) in the Harry & David bankruptcy cases.
- Southern California Edison in the Calpine, Western Community Energy, A123, Cal Solar 10, and Clear Peak bankruptcy cases.
- Pasadena Playhouse, serving as debtor’s counsel, in reorganizing the more than 100-year-old cultural institution.
Speaking Engagements
- Panelist, “State of the Law on Make Wholes and Postpetition Interest,” Financial Lawyers Conference, Feb. 28, 2023
- Speaker, Automatic Stay Overview, Lexis Practical Guidance Video, Apr. 2021
- Speaker, Relief of the Automatic Stay, Lexis Practical Guidance Video, Apr. 2021
Materials reproduced with the permission of LexisNexis®.
Education
-
Harvard Law School (J.D., magna cum laude, 2002); member, Journal of Law and Technology; teaching assistant, international tax program; Addison Brown Prize, 2002
-
University of Chicago (B.A., with honors, 1994) Phi Beta Kappa
Bar Admissions
- California
Experience
Mr. Goldman’s public representations include:
- WeWork, Inc. at the direction of a Special Committee of independent directors of the board with regard to conflicts matters with related parties, including SoftBank Group and affiliates, and Adam Neumann.
- Berkshire Hathaway in various restructuring matters including as a bondholder and asset buyer in the Residential Capital bankruptcy, and the equity owner in the Whittaker Clark & Daniels bankruptcy cases.
- Netflix in connection with Chilean media company WOM SA’s bankruptcy restructuring.
- Hawaiian Electric Industries, Inc. regarding the August 2023 devastating Maui wildfires, including the Lahaina Fire, which was the deadliest U.S. wildfire in over a century.
- Alter Domus, the agent for certain lenders under an asset-backed credit agreement with Revlon Inc. in connection with Revlon’s bankruptcy cases and use of cash collateral.
- Bolivarian Republic of Venezuela in an ongoing case with respect to the enforcement of a $1.4 billion judgment obtained by Crystallex related to the Maduro government’s nationalization of assets in Venezuela.
- Bank of America in the Ditech Financial bankruptcy and asset sale and settlement of claims between the companies.
- Nexus Capital Management, a California-based private equity firm, in its acquisition out of bankruptcy of FTD Companies’ florist network in North America and Latin America.
- Pacific Gas & Electric and PG&E Corporation in their bankruptcy reorganization cases with respect to certain matters including regulatory matters, power purchase agreements and wildfire claims.
- Oaktree Capital Management LP in connection with the out-of-court and subsequent in-court reorganization of its portfolio company owned power plant in Salem Harbor, Massachusetts.
- LATAM Unsecured Creditor Ad Hoc Group, in their appeal of orders confirming the plan of reorganization and backstop agreements in the reorganization of LATAM Airlines Group, S.A.
- Nine West in its bankruptcy reorganization.
- GenOn Mid-Atlantic, an electric power generation and distribution company, in its out-of-court restructuring of leveraged lease coal plants.
- iHeart Communications in its out-of-court and in-court restructuring.
- Berry Petroleum in its bankruptcy reorganization and separation from Linn Energy.
- Payless in its bankruptcy reorganization in 2017.
- Gymboree in its bankruptcy reorganization in 2017.
- Toys R Us, Inc. in its bankruptcy case.
- First lien & DIP lender in Freedom Communications.
- Texas Competitive Electric Holdings group of companies in the Energy Future Holdings bankruptcy cases.
- Edison International in the Edison Mission Energy bankruptcy cases.
- The Official Committee of Syms Equity Securities Holders in the Chapter 11 reorganization of Syms Corp./Filene’s Basement.
- Wasserstein Partners, LP (nka EagleTree Capital, LP) in the Harry & David bankruptcy cases.
- Southern California Edison in the Calpine, Western Community Energy, A123, Cal Solar 10, and Clear Peak bankruptcy cases.
- Pasadena Playhouse, serving as debtor’s counsel, in reorganizing the more than 100-year-old cultural institution.
News
Speaking Engagements
- Panelist, “State of the Law on Make Wholes and Postpetition Interest,” Financial Lawyers Conference, Feb. 28, 2023
- Speaker, Automatic Stay Overview, Lexis Practical Guidance Video, Apr. 2021
- Speaker, Relief of the Automatic Stay, Lexis Practical Guidance Video, Apr. 2021
Materials reproduced with the permission of LexisNexis®.
Practice Areas
Education
-
Harvard Law School (J.D., magna cum laude, 2002); member, Journal of Law and Technology; teaching assistant, international tax program; Addison Brown Prize, 2002
-
University of Chicago (B.A., with honors, 1994) Phi Beta Kappa
Bar Admissions
- California