Eitan Blander

Mr. Blander provides efficient and practical advice to debtors, creditors, and other parties in interest in corporate restructurings both in- and out-of-court.

Eitan Blander is an associate at Togut, Segal & Segal LLP, where he focuses on debtor-side representations in complex corporate restructuring matters, chapter 11 cases, and related litigation. Mr. Blander also represents creditors, committees, trustees, and other parties in interest in connection with chapter 11, chapter 15 and chapter 7 cases. Prior to joining the firm, he served as a judicial law clerk to the Honorable Mary Kay Vyskocil, formerly of the United States Bankruptcy Court for the Southern District of New York.

Eitan was recently named to the 2026 Best Lawyers: Ones to Watch in America list for his work in the category of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law in New York City.

Eitan received his J.D., with honors, from Emory University School of Law, where he was a member of the Emory Bankruptcy Developments Journal and director of the Emory Law School Supreme Court Advocacy Program (ELSSCAP), the only student-run Supreme Court litigation program in the country. He received his B.A. from McGill University with First Class Honors in Psychology.

Eitan worked briefly as a data analyst before becoming a lawyer.

Representative Cases

Azul S.A.: bankruptcy co-counsel to Azul S.A. and 19 affiliated debtors, Brazil’s largest airline by number of departures and cities served, in their chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York restructuring nearly $10 billion in liabilities. Assisted with all aspects of the chapter 11 cases, including preparation of schedules and statements, enforcement of the automatic stay, retention of professionals, claims reconciliation and objections, and plan-related matters. Currently serving as bankruptcy co-counsel to the Reorganized Debtors following confirmation of the chapter 11 plan of reorganization.

Steward Health Care System LLC: special counsel to the Litigation Trustee (and previously to the debtors in possession) of Steward Health Care System LLC and 166 affiliated debtors, formerly the largest private, physician owned health care network in the United States, in their chapter 11 cases pending in the U.S. Bankruptcy Court for the Southern District of Texas, for the purpose of pursuing more than $300 million in preference and related fraudulent transfer claims to help fund a plan of liquidation.

Powin, LLC: bankruptcy co-counsel to Powin, LLC and its affiliates, an Oregon-based manufacturer of utility scale battery energy storage systems and a provider of related energy services, in a chapter 11 case in the U.S. Bankruptcy Court for the District of New Jersey restructuring approximately $300 million in liabilities. Assisted the debtors in preparing and filing the June 2025 cases and obtaining first-day relief, and continues to advise on enforcement of the automatic stay, retention of professionals, contract counterparty issues, the debtors’ August 2025 asset sale, and plan-related matters.

Acorda Therapeutics: bankruptcy co-counsel to the debtors, a biopharmaceutical company that develops therapies to restore function and improve the lives of people with neurological disorders, in their chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York, which culminated with a $185 million sale to Merz Pharmaceuticals. Currently serving as litigation co-counsel to the Liquidation Trustee in pursuing preference avoidance actions.

Vice Group Holding Inc.: lead bankruptcy counsel to the debtors, a global digital media company once valued at $5.7 billion, in their chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York. Assisted in selling substantially all of the debtors’ assets to a secured-creditor consortium led by Fortress Investment Group for a $350 million credit bid, and thereafter negotiated settlements with key creditor constituents leading to a confirmed plan funding a Plan Administrator to pursue retained causes of action for unsecured creditors. Currently serving as counsel to the Plan Administrator.

LATAM Airlines: co-counsel to the debtors, Latin America’s leading airline group, in their chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York, which restructured more than $7.5 billion in debt. Assisted with all aspects of the chapter 11 cases, including negotiating amendments and restructurings of aircraft agreements and other leases, resolving and objecting to claims, and negotiating adequate protection arrangements with secured lenders. Among other things, helped obtain approval of two contested settlements resolving dozens of proofs of claim asserted at more than $4 billion, and disallowance of a significant portion of claims asserted by a group of banks in excess of $300 million.

Benitago Inc.: bankruptcy counsel to Benitago Inc. and its affiliated debtors, an e-commerce brand incubator and aggregator that sold nearly 1,000 products across dozens of brands on Amazon, in a chapter 11 case in the U.S. Bankruptcy Court for the Southern District of New York. Assisted the debtor to negotiate a fully consensual plan under which the largest secured creditor equitized an $86 million claim for 100% of the reorganized equity and funded a cash pool for general unsecured creditors.

Endo International plc: co-counsel to the debtors, a multi-billion-dollar global specialty biopharmaceutical business, in a chapter 11 case in the U.S. Bankruptcy Court for the Southern District of New York pursuing a comprehensive restructuring of more than $8.1 billion in funded debt and potential liability arising from more than 3,500 lawsuits related to the marketing and sale of opioid products.

Golden Sphinx Ltd.: bankruptcy counsel to the Foreign Liquidators of Golden Sphinx Limited, a Jersey incorporated holding company, in its chapter 15 case in the U.S. Bankruptcy Court for the Central District of California. Obtained recognition of the company’s Jersey liquidation as a foreign main proceeding, extending the protection of the automatic stay over a pending California judgment-enforcement action, and successfully defended that recognition and stay against the creditor’s subsequent motions for relief from the stay and for Rule 2004 discovery.

JPA No. 111 Co. Ltd. and JPA No. 49 Co. Ltd.: bankruptcy counsel to JPA No. 111 Co., Ltd. and JPA No. 49 Co., Ltd., two Japanese special purpose vehicles that each own one Airbus A350 aircraft, in chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York. Among other things, successfully opposed a motion to dismiss filed by the debtors’ secured lender, obtained approval of contested bidding procedures and a sale to the stalking-horse bidder over numerous objections, and thereafter negotiated a global settlement paving the way for a plan of liquidation expected to pay all claims in full.

Greensill Capital, Inc.: bankruptcy counsel to Greensill Capital Inc., the U.S.-based subsidiary and sales arm of the Greensill Capital global supply chain finance business, in a chapter 11 case in the U.S. Bankruptcy Court for the Southern District of New York filed after related liquidation proceedings commenced in Australia and the United Kingdom. The chapter 11 case culminated with a section 363 sale of the debtor’s subsidiary, Finacity Corporation, a working-capital finance company, and the confirmation of a plan of liquidation creating a litigation trust to pursue causes of action for creditors.

Culligan Ltd.: bankruptcy counsel to litigants opposing recognition of the chapter 15 case of Culligan Ltd. in the U.S. Bankruptcy Court for the Southern District of New York, a Bermuda-incorporated holding company for direct and indirect subsidiaries that distributed water purification and filtration units through franchise dealers located exclusively in North America.

Rubie’s Costume Company: co-counsel to Rubie’s Costume Company, Inc. and its affiliated debtors, together one of the world’s largest designers, manufacturers, and distributors of costumes and related accessories, in a chapter 11 case in the U.S. Bankruptcy Court for the Eastern District of New York. Obtained bankruptcy court approval of a section 363 sale of substantially all of the debtors’ assets after an expedited three-month process — a result Bankruptcy Judge Alan Trust called a “remarkable achievement” — satisfying nearly $100 million of secured debt, assuming and paying approximately $35 million in postpetition trade payables, and saving hundreds of jobs.

McClatchy Newspapers: co-counsel to the debtors, a 162-year-old family-controlled public company that provides independent local journalism to 30 communities in 14 states, including the Miami Herald, The Kansas City Star, The Sacramento Bee, the Charlotte Observer, The News & Observer (Raleigh), and the Fort Worth Star-Telegram, as well as national news coverage through its Washington, D.C. bureau, in their chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York.

Aurora Commercial Corp.: bankruptcy counsel to the debtors, two subsidiaries of Lehman Brothers Holdings Inc. that engaged in the origination and servicing of residential mortgage loans, in their wind-down and liquidation in the U.S. Bankruptcy Court for the Southern District of New York. Assisted the debtors in reducing the claims pool from approximately $343 million to less than $55,000, enabling confirmation of a fully consensual plan paying all allowed claims in full — a result Bankruptcy Judge Shelley Chapman praised as a “spectacular result… delivered in an efficient and professional manner.” Litigated multiple claims disallowances through numerous rounds of appeals before the District Court and the Second Circuit.

Eitan also has extensive experience representing Albert Togut as Chapter 7 and Chapter 11 Trustee in multiple jurisdictions:

• Waterfront Resort Holdings, LLC: counsel to Albert Togut, as chapter 11 trustee of Waterfront Resort Holdings, LLC, the owner of 105 unsold condominium units at the Allura Waterfront Condominium in College Point, Queens, in the U.S. Bankruptcy Court for the Eastern District of New York. Currently assisting the trustee in rightsizing management of the property and maximizing sales of the remaining units.
• JTRE LLCs: counsel to Albert Togut, as chapter 11 trustee of JTRE 14 Vesey LLC and three affiliated debtors, a group of affiliated entities that own properties in Manhattan, including the former New York County Lawyers’ Association Building located at 14 Vesey Street, in jointly administered cases in the U.S. Bankruptcy Court for the District of New Jersey. Currently assisting the trustee in marketing and selling the properties in coordination with the properties’ secured lender and in obtaining confirmation of a plan of liquidation for each debtor.
• Manhattan Country School: counsel to Albert Togut, as chapter 7 trustee of the affiliated entities that owned and operated the Upper West Side-based Manhattan Country School. Assisted the trustee in marketing and auctioning the 150 West 85th Street building, which sold for over $33 million.
• MetaZoo Games LLC: counsel to Albert Togut, chapter 7 trustee of the publisher of the MetaZoo trading card game. Assisted the trustee in selling the debtor’s intellectual property and remaining card inventory for over $2 million.
• Mynd Spa & Salon, Inc. (f/k/a Elizabeth Arden Red Door Salons): counsel to Albert Togut, as chapter 7 trustee of the national spa and salon chain, which operated 26 locations and generated over $100 million a year in revenue at its peak before closing permanently amid the COVID-19 pandemic.
• Starworks, LLC: counsel to Albert Togut, as chapter 7 trustee of the fashion and talent marketing agency, once majority-owned by Vice Media.
• MVision Private Equity Advisers USA LLC: counsel to Albert Togut, as chapter 7 trustee of the U.S. affiliate of a private equity placement and advisory firm.