Maura I. Russell
New York Office

437 Madison Avenue
24th Floor
New York, NY 10022

P: 212-551-7755
F: 212-599-5085


Maura I. Russell is a partner in Montgomery McCracken’s Bankruptcy & Financial Restructuring Department. She focuses her practice on bankruptcy and reorganization matters. She also handles matters emphasizing secured transactions, in-court and out-of-court workouts, creditors’ rights in bankruptcy proceedings, representation of official and unofficial creditors’ committees, business counseling, contract negotiations, and buyers and sellers of distressed assets.  Maura has an expertise in assisting parties (debtors, secured lenders and asset purchasers) in the disposition of inventory, furniture, fixtures and equipment.

Maura has served as lead counsel to many clients, including agents and secured lenders, official and unofficial creditors’ committees, official equity committees, and debtors in complex Chapter 11 cases. Maura has performed transaction work in numerous cases with sellers, purchasers, lenders, and secured and unsecured creditors of financially troubled companies, non-judicial restructurings, and Chapter 11 reorganizations throughout the United States and Canada.

Maura is a court-approved mediator in the United States Bankruptcy Court for the Southern District of New York and is certified as a qualified mediator by the American Bankruptcy Institute.

Prior to joining Montgomery McCracken, Maura was an attorney at a large international law firm.

Selected Representations

  • Served as special counsel/ asset disposition consultant to the debtor in connection with its store closing program and the liquidation of inventory, furniture, fixtures and equipment in in the following bankruptcy cases: Charming Charlie, Inc., (Wilmington, DE), Forever 21, Inc.(Wilmington, DE), Forever XXI, ULC (Ontario Canada), Art Van Furniture, LLC (Wilmington, DE), Finlay Enterprises, Inc. (a/k/a Finlay Fine Jewelry) (New York, NY); Loehmann’s, Inc. (New York, NY); Steve & Barry’s Inc. (New York, NY) and USA Discounters, Ltd. (Wilmington, DE).
  • Served as special asset disposition counsel/consultant to the secured lender in connection with the liquidation of the debtor’s retail inventory, furniture fixtures and equipment in Anna’s Linens, Inc. (Santa Anna, CA); Ben Moss Western Jewellers, Ltd. (Toronto, Canada); Delia*s, Inc. (White Plains, NY); Dots, LLC (Newark, NJ); Filene’s Basement, LLC/Syms Corp. (Wilmington, DE); RadioShack Corporation (Wilmington, DE); and Rob & Stucky Limited LLP (Tampa, FL).
  • Served as counsel to bidding group seeking to serve as the Company’s agent to liquidate inventory in Brodkey Brothers, Inc. (Omaha, NE); Joyce Leslie, Inc. (New York, NY); hhgregg, Inc. (Indianapolis, IN); Total Hockey, Inc. (ED Missouri); TSA Stores, Inc. (Sports Authority) (Wilmington, DE); L. Bryant. LLC d/b/a Fashion to Figure; and Heritage Home Group, LLC, et al (Wilmington, DE).
  • Served as counsel to the senior secured lender under multi-million-dollar asset based loan facility involving residential real estate in connection with overall chapter 11 case, litigation and negotiation of consensual plan of liquidation and realization of real estate collateral. JNL Funding Corp. and Joseph G. Forgione (New York, NY).
  • Served as counsel to European based retailer in connection with the negotiation of a €100 Million asset based lending facility merging the U.S. asset based lending structure with European insolvency law and asset valuation structures.
  • Served as counsel to nationally recognized culinary school in connection with an out-of-court orderly wind down of the business and distribution to creditors.
  • Served as special counsel to the debtor and its manager in connection with the disposition of commercial property assets in KFM Holdings, Inc., et al. (Los Angeles, CA).

Selected Publications

Academic Achievements

Maura received her J.D. from St. John’s University School of Law. She graduated, magna cum laude, from St. John’s University with a B.A. in Criminal Justice.