Paul practices principally in the area of commercial restructuring and bankruptcy. He is the founder of the firm’s corporate reorganization practice and chaired the section for more than 20 years. Paul represents both debtors and creditors. He has appeared in bankruptcy courts around the country and has acted as lead counsel in a number of major out-of-court workouts. He has also acted for purchasers and sellers of businesses, both in and out of bankruptcy, and has served as a court-appointed Chapter 11 trustee and bankruptcy mediator.
Experience
Representative matters
Representative matters
Served as lead bankruptcy counsel in the mass tort chapter 11 cases of Pittsburgh Corning Corporation and Metex Manufacturing Corporation. He also was lead bankruptcy counsel on the asbestos-related chapter 11 cases of Durabla Manufacturing Corporation, Hercules Chemical Corporation, North American Refractories Company (“NARCO”), Harbison-Walker Refractories Company, A.P. Green Industries, Inc., Rapid-American Corporation, Oakfabco, Inc., Geo. V. Hamilton, and The Fairbanks Company.
Represented the following debtors in steel and mining related Chapter 11 cases: Mesta Machine Company, Wean Industries, Inc., Songer Corporation, The Carbide/Graphite Group, Inc., Levinson Steel Company and Franklin Industries, Inc.
Represented the following creditors’ committees in steel and mining related Chapter 11 cases: Birmingham Steel, Inc., Geneva Steel, Inc., LTV Steel Co., Inc., National Steel, Inc., Republic Engineered Products, Rouge Industries, Inc., WCI Steel, Inc., Aleris International, Inc., Eveleth Mines, and US Metal Source Corporation
Served as lead bankruptcy counsel in the mass tort chapter 11 cases of Pittsburgh Corning Corporation and Metex Manufacturing Corporation. He also was lead bankruptcy counsel on the asbestos-related chapter 11 cases of Durabla Manufacturing Corporation, Hercules Chemical Corporation, North American Refractories Company (“NARCO”), Harbison-Walker Refractories Company, A.P. Green Industries, Inc., Rapid-American Corporation, Oakfabco, Inc., Geo. V. Hamilton, and The Fairbanks Company.
Represented the following debtors in steel and mining related Chapter 11 cases: Mesta Machine Company, Wean Industries, Inc., Songer Corporation, The Carbide/Graphite Group, Inc., Levinson Steel Company and Franklin Industries, Inc.
Represented the following creditors’ committees in steel and mining related Chapter 11 cases: Birmingham Steel, Inc., Geneva Steel, Inc., LTV Steel Co., Inc., National Steel, Inc., Republic Engineered Products, Rouge Industries, Inc., WCI Steel, Inc., Aleris International, Inc., Eveleth Mines, and US Metal Source Corporation
Served as Special Labor Counsel to PTS Transportation and PTC Alliance, Inc. in their chapter 11 cases.
Represented the Creditors Committee in ASARCO LLC, a leading copper producer, which resulted in payments to creditors of over $4 billion, making it one of the most successful chapter 11's in history
Served as an Expert Witness in connection with The Federal Mogul chapter 11 Asbestos Case
Served as an arbitrator in several international disputes involving commodities transactions
Served as a Chapter 11 Trustee of a failed hotel and real estate project in the US Virgin Islands
Recognitions
- Listed as a Notable Practitioner in IFLR1000 Global for United States, Pennsylvania Restructuring and Insolvency, 2020, 2023-2024
- Chairman of the American College of Bankruptcy, the national honorary organization of bankruptcy professionals that is active in pro bono matters and legal education, 2010-2012
- Listed in Who’s Who Legal
Credentials
Education
Education
- Harvard Law School, 1970, LL.M.
- University of Pittsburgh School of Law, 1968, J.D., Editor, Law Review
- University of Minnesota, 1965
Professional admissions & qualifications
Professional admissions & qualifications
- Pennsylvania
Professional affiliations
Professional affiliations
- Allegheny County Bar Association – Former Chair of the Bankruptcy and Commercial Law Section, 1994
- American Bankruptcy Institute
- American Bar Association
- Pennsylvania Bar Association
- Turnaround Management Association
Clerkships
Clerkships
- State Supreme Court - Pennsylvania, Honorable Thomas W. Pomeroy, Jr. (deceased)
News
1 / 7