Experienced Client-Focused Debt Lawyer Joins Sullivan & Worcester, NY

Powered by LawFuel – JENNIFER PASTARNACK JOINS SULLIVAN IN NEW YORK TO HEAD THE FIRM’S GLOBAL DEBT AND CLAIMS TRADING PRACTICE

New York City and Boston, February 4, 2020 – International law firm Sullivan & Worcester announced today that Jennifer Pastarnack has joined the firm as a partner to lead its firmwide Global Debt and Claims Trading practice in New York, expanding Sullivan’s offerings of corporate, bankruptcy and restructuring services in the United States and in London.

“At Sullivan, client relationships are at the core of our success. Jennifer brings that same client-focused, value-driven mentality to her practice.  She has tremendous experience in a specialized area of the markets our domestic and international clients are interested in,” said Joel Carpenter, managing partner of the firm. “She is a great fit and we’re pleased that she’s chosen Sullivan as her new professional home.”

Pastarnack works with hedge funds, investment banks and asset managers in trading the debt of financially distressed companies in domestic and cross-border transactions in the secondary market. She is well-versed in all aspects of the investment life cycle for claim trades including diligence reviews, claim evaluation and structuring, and has provided counsel on a broad mix of complex regulatory, legal and commercial matters, including U.S. federal securities laws. She joins Sullivan from Clifford Chance, prior to that she was with Kramer Levin Naftalis & Frankel.

“Sullivan has the dynamic platform I wanted for the next stage of my career,” Pastarnack said. “The firm has outstanding legal talent, is an entrepreneurial, forward-thinking organization, and recognizes the importance of investing in technology to better serve our clients.”

Sullivan is a member of the Loan Syndications and Trading Association, Inc., the trade association for the U.S. debt industry, and the Loan Market Association, the trade association for the European debt trading industry. Pastarnack will be working closely the firm’s Chambers-ranked Bankruptcy & Restructuring group.

“Jennifer is an excellent lawyer whose experience in the debt and claims trading area is unique among our peers and will allow us to expand the services we provide to our existing fund and bankruptcy clients,” said Jeffrey Gleit, head of the Bankruptcy & Restructuring group.

As a pro bono advocate, Pastarnack successfully co-represented a client in a Special Immigration Juvenile Status immigration case in Brooklyn Family Court.  In October 2019, she published an article in the New York Law Journal entitled “Bankruptcy Trade Claim Market: The Dangers of Claim Trading Platforms and Automated Contracts” and was featured in a lengthy Corporate Counsel Business Journal article in May, 2019, that shared Jennifer’s unique approach to client relationships and business generation. Pastarnack earned her J.D. cum laude at New York Law School and received her B.S. from Cornell University in Labor and Industrial Relations.

About Sullivan

Sullivan & Worcester (Sullivan) is a leading AmLaw 200 law firm.  With over 200 attorneys in Boston, London, New York, Tel Aviv and Washington, DC, they guide organizations that are rewriting the rules. Sullivan’s clients, including Fortune 500 companies and emerging businesses, rely on Sullivan’s strategic vision, comfort with complexity and intense focus on results. ZAG / Sullivan & Worcester (formerly ZAG-S&W) — a joint venture between Israel-based Zysman, Aharoni, Gayer & Co. and Sullivan & Worcester LLP — provides counsel to Israel-based companies and U.S. companies with Israeli interests on a variety of legal matters including access to capital markets, international tech IPOs, mergers and acquisitions, and tax. For more information please visit sullivanlaw.com.

Recent LawFuel Headlines

• Which Law Firms Could Be Left Behind in the 2025 Pay + Legal AI Shake-Up?
  Big pay cheques, flashy AI demos, bold merger promises — these are all the usual theatrics in law firm press releases. But beneath the PR sheen, cracks are widening: not every firm can sustain both rising compensation and heavy AI spending without wobbling. Some are already looking shaky.
• Deputy PM David Lammy’s Return to the Law
  From Global Diplomacy to Leaking Courthouses David Lammy has swapped the trappings of global diplomacy for the joys of leaking court lavatories and backlogged justice. The former foreign secretary is… Read more: Deputy PM David Lammy’s Return to the Law
• The Giorgio Armani Business Rules That Lawyers Could Learn From
  What Lawyers Could Learn from Fashion’s Last Emperor Norma Harris, Contributing writer Giorgio Armani died last week at 91, still clutching the reins of his $12 billion empire like a… Read more: The Giorgio Armani Business Rules That Lawyers Could Learn From
• Google’s $425 Million Trial Loss And Cooley’s Surprise Starring Role
  The Lawyers Who Took Google’s Billing Bonanza Tom Borman, LawFuel contributing editor Google has been whacked with a $425 million jury verdict in a class-action privacy trial in a case… Read more: Google’s $425 Million Trial Loss And Cooley’s Surprise Starring Role
• The Lawyer Who Worked 23 Hours a Day And the Billing Scam Everyone Knows About
  The Law Firm Billing Myth Ben Thomson, LawFuel contributing editor The legal profession has always been fond of a long lunch, a late night, and a generous definition of billable.… Read more: The Lawyer Who Worked 23 Hours a Day And the Billing Scam Everyone Knows About
• Japan’s Biggest Publishers Just Sued Perplexity AI for $44m
  Bezos-Backed Perplexity AI Accused of Free-Riding on Journalism Journalists aren’t thrilled about being turned into free training fodder for Silicon Valley’s latest obsession. Now Japan’s Nikkei, owner of the Financial… Read more: Japan’s Biggest Publishers Just Sued Perplexity AI for $44m
• AI Is Smarter Than You—Until It Lies. Here’s How Your Firm Will Go Up in Flames If You Let It
  Generative AI is everywhere, but when lawyers used it, two ended up sanctioned for fake citations it’s time to cue the panic or – much better – privot to control and oversight of what your legal AI efforts are doing. Here we look at some of the key steps law firms should take to avoid the risks increasingly associated with generative AI tools.
• Lawyers Built This AI to Read Judges’ Minds — And BigLaw Is Already Hooked
  And Now Legal AI That Sees Into the Judge’s Mind . . Almost Tom Borman, LawFuel contributing editor Every litigator wants the edge. Some want it ethical. Others want it… Read more: Lawyers Built This AI to Read Judges’ Minds — And BigLaw Is Already Hooked
• £65m Lifeline or Financial Casket? Pogust Goodhead’s Hedge-Driven Drama Unfolds
  A Hedge Fund Lifeline – With Strings Attached Ben Thomson, LawFuel contributing editor Pogust Goodhead, the claimant firm spearheading the £36 billion Mariana dam class action against BHP, has drawn… Read more: £65m Lifeline or Financial Casket? Pogust Goodhead’s Hedge-Driven Drama Unfolds