Sherri L. ToubPartner
She draws upon her background in law, finance, and journalism to advise management teams and boards of directors on multi-stakeholder communications around complex business and financial issues, including restructurings.
Sherri draws upon her unique background in law, finance, and journalism to advise management teams and boards on communications strategies in a wide range of financial and special situations across a variety of industries, helping to reassure the stakeholders who matter most during periods of uncertainty and transformation. Sherri helps drive Kekst CNC’s Restructuring & Bankruptcy practice and also provides strategic counsel in Private Capital, Litigation Support, Mergers & Acquisitions, and Crisis & Issues Management.
As an expert with 17 years of experience in the bankruptcy and restructuring arena, Sherri brings a nuanced understanding of this complex landscape and unparalleled knowledge of legal process and procedure to her advising of both public and private companies facing capital structure, liquidity, liability management, financial disclosure, and other mission critical communications issues. She also frequently represents creditors as well as buyers of distressed assets and works with hedge funds and private equity clients in connection with investments and managing developments at the portfolio level.
Prior to joining Kekst CNC, Sherri was a Managing Director at Finsbury, where she oversaw a number of complex and high-profile restructuring assignments. Before her career in strategic communications, she was a Bloomberg News legal columnist, reporting on Chapter 11 case developments, trends, and court decisions affecting the restructuring landscape and financial markets. She was previously at William Blair & Company, working with distressed as well as healthy companies on sale and refinancing transactions. Sherri began her career as a lawyer at Weil, Gotshal & Manges, spending almost eight years in the firm’s business finance & restructuring group advising on an extensive range of restructuring, M&A, and financing engagements. She represented debtors, creditors, lenders, and acquirors of assets in Chapter 11 cases and out-of-court restructurings, handing transactional work as well as litigation.
Sherri holds a B.A. in English from the University of Michigan and a J.D. degree from the Benjamin N. Cardozo School of Law, where she was a supervising editor of the Cardozo Law Review. She is a member of the bar in New York.
Recent and Notable Relevant Experience
Restructuring & Bankruptcy
Has provided strategic communications counsel and execution support in preparation for and in connection with numerous Chapter 11 cases, out-of-court restructurings, and wind downs, leading client teams and working hand-in-hand with company legal and financial advisors on all aspects of multi-stakeholder communications to achieve successful outcomes.
Representative company-side engagements include advising Intelsat, Century 21 Stores, CraftWorks Holdings, Valeritas, and iHeartMedia in connection with their high-profile Chapter 11 cases and One Call Corporation in its successful out-of-court recapitalization.
Serves as communications counsel to a range of creditors, including the recent representation of the Ad Hoc Subrogation Group in the PG&E Chapter 11 cases.
Recent buy-side engagements include advising Aurify Brands in connection with purchases of substantially all assets of Le Pain Quotidien and Maison Kayser out of Chapter 11.