NEW YORK, NY, February 11, 2021 /24-7PressRelease/ -- Albert Togut has been inducted into Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.
Mr. Togut is a corporate restructuring attorney, bankruptcy specialist and senior member of Togut, Segal & Segal LLP in New York. Known as the oldest and one of the most successful boutique bankruptcy law firms in the U.S., it has garnered extensive recognition in matters of corporate reorganizations, creditors' rights and other relevant areas of the law. In addition to Mr. Togut's full-time responsibilities at the firm, he also serves as a senior advisor on all cases, while also mentoring his talented team of staff attorneys.
A pioneer in his field, Mr. Togut has been instrumental in the firm's accomplishments. Winning countless cases on behalf of clients, he has successfully served as a court-approved counsel on numerous occasions. Over the past 45 years, Mr. Togut and his group of highly trained professionals have successfully represented some of the most complex and high-profile chapter 11 cases, including for General Motors, Chrysler Automotive, Enron, American Airlines, Latam Airlines and Frontier Airlines, among countless other famed companies and brands. More recently, he was called upon to represent Westinghouse, Pacific Drilling and Toisa Shipping between 2018 and 2019 as sole company counsel, which are all billion dollar companies. Among real estate cases, he was lead counsel for Rockefeller Center Properties and Olympia & York's World Financial Center, and is currently counsel to Lehman Brothers' Aurora Commercial Corp. Grateful for his unique success story, Mr. Togut has become highly regarded by bankruptcy judges and the U.S. Department of Justice, which he credits mostly to his strong sense of integrity.
Prior to forming his firm in 1980, Mr. Togut spent a summer working for Conrad Duberstein while pursuing his law degree. As a leader of the Bar and head of the bankruptcy department of the firm, Otterbourg, Steindler, Houston and Rosen in New York City, he was so inspired by his work that he spent another six years at his firm after graduating. In 1980, shortly after Mr. Duberstein left the firm, Mr. Togut established his own successful practice.
Besides his commitments at the office, Mr. Togut has become a frequent speaker. He has notably lectured throughout the country on behalf of the American Bar Association and American Bankruptcy Institute, including at its international program in Europe. He also taught courses at the prestigious Harvard Law School. A prolific writer as well, Mr. Togut has contributed dozens of articles via Forbes Magazine, Norton Bankruptcy Law Advisor, the ABI Journal and other prominent publications on various bankruptcy matters since 1977.
Mr. Togut has been involved with various civic organizations in support of his community. To wit, he served instrumental roles on the board of the Boston Symphony, the Williamstown Theater Festival and the Palm Beach Opera. Mr. Togut also chaired the Board of the Berkshire International Film Festival for ten years.
Highly educated, Mr. Togut received a Bachelor of Science in economics, with honors, at New York University in 1971. Following this accomplishment, he was bestowed with a Doctor of Jurisprudence from Saint John's University in 1974. Mr. Togut has been admitted to practice by the State of New York, the U.S. District Court for the Southern and Eastern Districts of New York, the U.S. District Court for the Eastern District of Michigan, the U.S. Court of Appeals for the Second Circuit, and the Supreme Court of the United States.
Elected by his peers to highly prestigious invitation-only honorary groups, Mr. Togut is a Fellow of the American College of Bankruptcy and the International Insolvency Institute. Throughout the course of his career, he has also been active with several other professional organizations relative to his field. Among them, Mr. Togut is a member of the Association of the Bar of the City of New York, American Bar Association, the Bankruptcy Lawyers of the Bar Association of New York as a past president and the Co-Chair of the Commission of the American Bankruptcy Institute that studied Chapter 11 reform whose recommendations led Congress to pass recent legislation to make it easier for companies to reorganize under the Bankruptcy Code.
In 2019, Mr. Togut was recognized for his leadership in corporate reorganizations by the Lincoln Center Corporate Council. He also received a Leadership Award from the New York Institute of Credit and the Professor Lawrence P. King Award from the UJA bankruptcy division. Additionally, Mr. Togut's expertise has been recognized in several leading law publications, including as a New York Super Lawyer and as a Leading Lawyer by Chambers USA. He has also been profiled in the business sections of the New York Times and the Wall Street Journal, was recently quoted in articles on Bloomberg's website, "Biden's Plans for Recovery Face Corporate America Debt Problem," where he addressed the country's economy in the face of the pandemic. He was interviewed on Bloomberg TV about what corporate bankruptcies to expect in 2021.
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Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America®, Marquis Who's Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Today, Who's Who in America® remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. Marquis® now publishes many Who's Who titles, including Who's Who in America®, Who's Who in the World®, Who's Who in American Law®, Who's Who in Medicine and Healthcare®, Who's Who in Science and Engineering®, and Who's Who in Asia®. Marquis® publications may be visited at the official Marquis Who's Who® website at www.marquiswhoswho.com.
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