Overview

George Klidonas is an associate in the restructuring group of Kirkland & Ellis LLP and focuses his practice on in and out-of-court restructurings, as well as debtors’ and creditors’ rights. George’s well-rounded practice has exposed him to a number of industries including oil & gas, energy, aerospace, hospitality, real estate, retail, commodities/securities, healthcare, law firm, shipping, and telecommunications. Specifically, George has experience with representing companies both in and out of bankruptcy, as well as purchasers, secured and unsecured creditors, trustees and other fiduciaries, and other parties in interest in bankruptcy cases.

George also stays on the forefront of developments in his field by prolifically publishing articles and speaking on various topics. He, therefore, has a thorough understanding of shifts in the law and he understands what information will be useful to clients.

More

Thought Leadership

Publications 

Consumer

  • Are Nondischargeability Provisions Jurisdictional?: The Effect of United Student Aid Funds v. Espinosa on Nondischargeable Debts, XXIX AM. BANKR. INST. J. 22, 70-71 (June 2010)

Distressed Investing

  • Distressed Investors: Prepare for Stress, NORTON J. OF BANKR. LAW & PRAC., Vol. 21, No. 3, Art. 6 (June 2012)

Energy

  • U.S. Special: How oil and gas firms are restructured, Private Debt Investor (September 1, 2016)

Fees & Retention

  • Fees on Fees Prohibited by the Supreme Court: The Aftershock, XXXIII AM. BANKR. INST. J. 1, 14-15, 59 (Jan. 2016)
  • Sections 327 through 330: Recent Developments in the Law of Employment and Compensation of Bankruptcy Professionals, 2015 NORTON ANN. SURV. OF BANKR. LAW 13 (2015)
  • District Court: No Reimbursement Without Substantial Contribution, XXXIII AM. BANKR. INST. J. 7, 14-15, 76 (July 2014) (co-author)
  • Sections 327 through 330: Recent Developments in the Law of Employment and Compensation of Bankruptcy Professionals, 2014 NORTON ANN. SURV. OF BANKR. LAW 16 (2014)
  • Beware Professionals: Compensation Provisions and Engagement Letters, AM. BANKR. INST. ETHICS & PROF. COMP. COMM. NEWSLETTER, Vol. 10, No. 2 (April 2013)
  • Reimbursement Made Easy: Revisiting Approval of Attorneys’ Fees Under a Plan, XXXII AM. BANKR. INST. J. 3, 24, 96 (April 2013)
  • Sections 327 through 330: Recent Developments in the Law of Employment and Compensation of Bankruptcy Professionals, 2013 NORTON ANN. SURV. OF BANKR. LAW 19 (2013)
  • Reimbursement of Creditors’ Attorneys’ Fees in Chapter 11 Cases, The Florida Bar Out-of-State Division: State-to-State, pg. 5 (Spring 2012)
  • Approval of Attorneys’ Fees under a Plan: Creditors Reimbursed under a “Reasonable” Standard, XXX AM. BANKR. INST. J. 3, 26, 78-79 (April 2011)

Intellectual Property

  • Security Interests in FCC Broadcast Licenses and Proceeds, AM. BANKR. INST. TECHNOLOGY AND INTELLECTUAL PROPERTY COMM. NEWSLETTER, Vol. 10, No. 1 (Jan. 2013)

International

  • Revisiting Nondebtor Releases in Chapter 15 Cases, XXXIII Am. Bankr. Inst. J. 3, 12-13, 89 (March 2014) (co-author)
  • Automatic Stay in Chapter 15 Cases: Global Stay Applicable Only in Chapter 11 Cases, XXIX AM. BANKR. INST. J. 38-39, 81 (November 2010)

Labor & Employment

  • CEO Severance Payments Under Chapter 11 Plans, DOW JONES DAILY BANKR. REV. 9 (Nov. 5, 2013)
  • The WARN Act: Giving Employees Notice of Layoffs in Bankruptcy, XXXII AM. BANKR. INST. J. 6, 26-27, 86-87 (July 2013)
  • A More Flexible WARN Act Exception for Flexible Flyer, LAW360.COM (June 17, 2013)

Other Publications

  • The New Supreme Court: A Discussion of Recent Bankruptcy Decisions, BLOOMBERG LAW REPORTS – BANKR., Vol. 5, No. 22 (May 2011)
  • Report on the 1993 Amendments to the Federal Rule of Civil Procedure 11, NEW YORK CITY BAR LIT. COMMITTEE (May 2010) (co-author)

Practice, Procedure & Litigation

  • Liquidating Plans Are Also Subject to Equitable Mootness Dismissal, XXXIV AM. BANKR. INST. J. 3, 22-23 (March 2015)
  • Stern v. Marshall: Supreme Court Reviews Waiver Issue, XXXII AM. BANKR. INST. J. 11, 18-19, 52 (Dec. 2013)
  • Third Circuit Still Narrowly Applies the Equitable Mootness Doctrine, XXXI AM. BANKR. INST. J. 10, 26-27, 70 (November 2012)
  • Judicial Estoppel Revisited: Love v. Tyson Foods and Reed v. City of Arlington, XXXI AM. BANKR. INST. J. 5, 18-19, 89-90 (June 2012)
  • The Federal Arbitration Act in Bankruptcy Cases: Upheld or Not?, XXXI AM. BANKR. INST. J. 3, 18, 100-101 (April 2012)
  • Estoppel Does Not Extend to Innocent Trustees, XXX AM. BANKR. INST. J. 9, 44-45, (Nov. 2011)
  • Co-Proponents of a Plan May Successfully Invoke Community-of-Interest Privilege, XXX AM. BANKR. INST. J. 5, 22, 77 (June 2011)
  • Avoidance Actions in Ponzi Scheme Bankruptcy Cases, AM. BAR ASSOC. BUS. BANKR. COMM. (April 2011)

Real Estate

  • Hands Off: Rent-Stabilized Apartments Are Exempt Assets, XXXIV AM. BANKR. INST. J. 8, 22-23, 61 (August 2015)

Restructuring & Reorganization

  • Secured Creditors Beware: Liens May Be Extinguished under a Chapter 11 Plan, BANKING LAW J. 32 (Jan. 2016)
  • Credit Bidding Rights Stalled: In re Fisker Automotive: NORTON J. OF BANKR. LAW & PRAC., Vol. 24, No. 2 (April 2015)
  • Secured Creditors’ Right to Credit Bid Stalled, CARDOZO ALUMNI NEWSLETTER (April 2014)
  • Secured Creditors: To Participate or Not to Participate in a Case, XXXII AM. BANKR. INST. J. 9, 18, 86-87 (Oct. 2013)
  • No Administrative-Priority Claims for Tort Victims: Operating vs. Liquidating Responsibilities, XXXI AM. BANKR. INST. J. 1, 18, 73 (February 2012)
  • No-Shop Provisions Unenforceable in Bankruptcy, Or Are They?, DOW JONES DAILY BANKR. REV. 11 (Jan. 11, 2012).
  • Reinstatement Revisited: Charter’s Lessons for Secured Lenders, XXIX AM. BANKR. INST. J. 1, 42-43, 45 (Feb. 2010) (co-author)
  • Buying a Troubled Co. with Pension Overhang: Must You Pay More for Certainty?, MIDDLE MARKET GROWTH (March 2015)

Taxation

  • Sovereign Immunity and Fraudulent-Transfer Actions against the IRS, AM. BANKR. INST. BANKR. TAXATION COMM. NEWSLETTER, Vol. 11, No. 2 (July 2014)
  • Fraudulent Transfer Actions against the Internal Revenue Service: No Sovereign Immunity, AM. BANKR. INST. BANKR. TAXATION COMM. NEWSLETTER, Vol. 10, No. 2 (April 2013)
  • The First Fiscal Cliff (Temporarily) Averted: Outlook for 2013 and Beyond, AM. BANKR. INST. BANKR. TAXATION COMM. NEWSLETTER, Vol. 10, No. 1 (February 2013)
  • U.S. v. Hall: Post-petition Capital Gains Tax Not Dischargeable under a Chapter 12 Plan, AM. BANKR. INST. BANKR. TAXATION COMM. NEWSLETTER, Vol. 9, No. 3 (July 2012)

Teachings

Distressed Dealmaking, UNIVERSITY OF PENNSYLVANIA LAW SCHOOL/THE WHARTON SCHOOL (Teaching Assistant, Fall 2016)

Seminars

How to Curate Your Digital Identity in Four Easy Steps, TURNAROUND MANAGEMENT ASSOCIATION (TMA) ANNUAL CONFERENCE (Speaker, Nov. 3, 2016)

Lien Stripping in Chapter 11 Bankruptcy Cases: Lessons for Secured Creditors, STRAFFORD (Speaker, Jan. 27, 2016)

Almost Everything You Wanted to Know About Tax Issues in Bankruptcy, NATIONAL CONFERENCE OF BANKRUPTCY JUDGES (Speaker, Sept. 2015)

Practitioner Beware: Bankruptcy Court Powers Again Before U.S. Supreme Court, NEW YORK COUNTY LAWYERS’ ASSOC. (Speaker, Feb. 28, 2014)

International Mergers & Acquisitions, FORDHAM UNIVERSITY SCHOOL OF LAW (Visiting Professor, Fall 2012)

Recognition

New York Super Lawyer (2013–2018)

New York Super Lawyers Rising Star (2011, 2012)

National Conference of Bankruptcy Judges: Next Generation Award (2012)

Memberships & Affiliations

American Bankruptcy Institute

  • Secured Credit Committee: Former Co-Chair and Director of Education

  • Bankruptcy Tax Committee: Former Co-Chair and Director of Education

  • ABI Journal: Former Coordinating Editor of the Practice and Procedure Section

Hellenic Lawyers’ Association

Hellenic American Bankers’ Association

Credentials

Admissions & Qualifications

  • 2008New York
  • 2007New Jersey

Courts

  • United States District Court for the Southern District of New York
  • United States District Court for the Eastern District of New York
  • United States District Court for the District of New Jersey

Languages

  • English
  • Greek

Education

  • Benjamin N. Cardozo School of LawJ.D.2007

    Cardozo Trial Team

    Associate Editor, Public Law, Policy, and Ethics Law Journal

  • St. John's University School of LawLL.M., Restructuring2010

    Supreme Court Amicus Brief: U.S. Student Aid Fund v. Espinosa

  • Fordham UniversityB.S., Business Administration; Business Law and Ethics Minor2004

    Specialization in International Affairs