Gerard DiConza, Smith, Gambrell & Russell, LLP Photo

Gerard DiConza

Partner

About Gerard

Gerard DiConza represents debtors, creditors, receivers, trustees, estate fiduciaries, distressed asset buyers, and other parties in interest in bankruptcy cases and out-of-court restructurings. With more than 30 years of experience, clients turn to Gerry when the path forward requires strategic judgment, skilled execution and a pragmatic resolution. Gerry's practice spans the full spectrum of bankruptcy and restructuring work. Whether prosecuting avoidable transfer claims on behalf of estate fiduciaries, navigating contested section 363 sales, or advising debtors in a restructuring, Gerry combines a practical approach with litigation and transactional fluency to help clients reassess their options.

Equal parts litigator and deal lawyer, Gerry knows when to press hard in contested litigation and when strategic negotiation will deliver better results. His experience prosecuting complex litigation claims gives him credibility at the bargaining table, while his transactional background allows him to structure creative solutions that preserve value and satisfy competing stakeholder interests.

Gerry has handled high-profile restructurings across industries, from high-end designer shoe retailers, national transportation and logistics companies, to commercial real estate owners. He has also litigated constitutional claims asserted by a trustee and mortgagee against a municipality and its employees in bankruptcy court, pursued insider fraud, avoidance and other claims for trustees, and resolved multimillion-dollar fee disputes for financial professionals.

Gerry is a frequent author and speaker on restructuring and bankruptcy topics, contributing regularly to industry publications and conferences.

Representative Matters

  • Counsel to federal receiver appointed for ArciTerra Companies, LLC, et al., Case No. 23-CV-02470 (D. Ariz.), advising receiver on sale of nationwide real estate portfolio and other matters.
  • Special litigation counsel for the Chapter 11 Trustee for liquidating hedge funds in In re Soundview Elite Ltd. et al., Bankr. S.D.N.Y. Case No. 13-13098, pursuing litigation claims for breach of fiduciary duty, fraud, fraudulent transfers and preferences against former insiders and third parties.
  • Special litigation counsel for liquidating trust formed upon confirmation of chapter 11 plan in ONH AFC CS Investors LLC cases, Bankr. D. Del. Case No. 23-10931, pursuing fraudulent transfer claims on behalf of the liquidating trust.
  • Litigation counsel for trustees and plan administrators in Chapter 7 and 11 cases in various bankruptcy courts, pursuing fraudulent transfer and preference claims on behalf of the estates.
  • Litigation counsel to a municipality in separate adversary proceedings alleging claims for violations of the automatic stay, deprivation of constitutional rights, negligence and intentional tort.
  • Litigation counsel to a financial advisory and investment banking firm, in fee dispute litigation arising out of the buyout of a former shareholder of TransPerfect Global, Inc.
  • Debtors’ counsel for several affiliated debtor-entities in In re Paul Wallace, et al., Bankr. S.D.N.Y. Case No. 10- 22998, with interests in several boutique hotels. Successfully sold debtors’ interest in hotels under section 363 sales and litigated several claims, including claims for recharacterization and recovery of fraudulent and preferential transfers. Confirmed plan provided full recovery for unsecured creditors.
  • Debtor’s counsel for the managing company of an Estonian steel production company in Chapter 11 cases (In re Galvex Capital LLC, et al., Bankr. S.D.N.Y. Case No. 06-10082). Cases ultimately resolved and dismissed pursuant to agreements in which all creditors were paid in full.
  • Bankruptcy litigation counsel to a national retailer in contested claim objection litigation brought by the General Growth Properties debtors (In re General Growth Properties, Inc. (Bankr. S.D.N.Y. Case No. 09-11977). Successfully resolved claims and counterclaims of Finish Line against GGP.

Recognitions

New York "Super Lawyers" – Bankruptcy (2013–2025)

Credentials

Education

J.D., St. John’s University School of Law
LL.M., New York University School of Law, Corporate Law
B.B.A., Hofstra University

Admissions

  • New York
  • U.S. District Court, Southern and Eastern Districts of New York

Organizational Involvement

Community

American Bankruptcy Institute

Turnaround Management Association

Advisory Board Member, ABI/NYC

New York State Bar Association

Advisory Board Member, St. John’s University School of Law, Center for Bankruptcy

Thought Leadership

Lecturer, Real Estate Workouts & Bankruptcy, St. John’s University School of Law, 2024-2026

Moderator, “Subchapter V Issues,” American Bankruptcy Institute, NYC Conference, May 2023

Panelist, “Professional Compensation Issues in Bankruptcy,” American Bankruptcy Institute, NYC Conference, June 2022

Moderator, “Liquidating Outside of Chapter 11: Considerations for Cannabis and Other Companies Not Eligible for Chapter 11,” American Bankruptcy Institute, NYC Conference, May 2021

Panelist, “Section 363 Sale Issues,” American Bankruptcy Institute, NYC Conference, May 2019

Panelist, “Engaging and Paying Contingency Counsel,” American Bankruptcy Institute, NYC Conference, May 2018

SGR News & Perspectives

Jump to Page

Smith, Gambrell & Russell, LLP Cookie Preference Center

Your Privacy

When you visit our website, we use cookies on your browser to collect information. The information collected might relate to you, your preferences, or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. For more information about how we use Cookies, please see our Privacy Policy.

Strictly Necessary Cookies

Always Active

Necessary cookies enable core functionality such as security, network management, and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.

Functional Cookies

Always Active

Some functions of the site require remembering user choices, for example your cookie preference, or keyword search highlighting. These do not store any personal information.

Form Submissions

Always Active

When submitting your data, for example on a contact form or event registration, a cookie might be used to monitor the state of your submission across pages.

Performance Cookies

Performance cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.

Powered by Firmseek
Gerard DiConza / News & Insights
trellis19