Alexandria, Va.— ABI announces that Nick Koffroth of Fox Rothschild LLP (Los Angeles) has been selected as one of ABI’s “40 Under 40,” ABI’s award program that recognizes 40 of the top insolvency industry professionals under the age of 40. The honorees will be recognized at a special ceremony on Dec. 13 during ABI’s 2024 Winter Leadership Conference at The Phoenician Scottsdale in Scottsdale, Ariz.

Koffroth is a partner at Fox Rothschild LLP in Los Angeles, where he focuses his practice on complex bankruptcy cases and financial restructuring matters. He has represented debtors in matters ranging from the second-largest hospital bankruptcy case in U.S. history to subchapter V cases. Koffroth also has represented official committees of creditors in health care bankruptcy cases, official committees of equity security-holders in post-confirmation litigation, and an ad hoc committee in negotiations related to confirmation of a real estate Ponzi-scheme case. In addition, Koffroth represents a wide range of other bankruptcy stakeholders, including secured and unsecured creditors, landlords, tenants, franchisors, franchisees, directors and officers, and businesses and individuals in a wide range of industries, including commercial real estate, health care, entertainment, apparel, hospitality, sports and technology.

Koffroth sits on the advisory board for ABI’s Southwest Bankruptcy Conference and is a member of the Los Angeles Bankruptcy Forum, for which he served on its board of directors from 2019-21. He also is a member of the Beverly Hills Bar Association’s Bankruptcy Section, vice chair of the American Bar Association’s Business Bankruptcy Committee’s Content and Publications Subcommittee, and a Young Professionals co-chair with the California Bankruptcy Forum Conference. In addition, Koffroth is ranked by Chambers USA as an “Up and Coming” Bankruptcy/Restructuring attorney in California for 2024, and on The Best Lawyers in America’s “Ones to Watch” list for Bankruptcy and Creditor/Debtor Rights/Insolvency and Reorganization Law, Real Estate Law, Entertainment and Sports Law, Health Care Law, Banking and Finance Law, Commercial Litigation, and Banking and Finance Litigation. He also was selected to the “Rising Stars” list for Bankruptcy and Creditor/Debtor Rights from 2019-21, and for Bankruptcy: Business in 2022 in Southern California Super Lawyers.

Koffroth strives to make a difference in the practice by becoming a leader in the organizations he is involved with so that he can create educational opportunities and enhance the community for young businesspeople in the industry. He also provides pro bono services with Kids in Need of Defense by preparing asylum and special immigrant juvenile status applications for minor refugees.

“We are honored to celebrate the exceptional leaders within the 2024 class as they continue to make a significant impact both in their practice and in their communities,” said ABI Executive Director Amy Quackenboss. “As bankruptcy practice continues to evolve, this diverse collection of honorees will propel ABI and the insolvency community forward.”

The “40 Under 40” winners are distinguished by professional achievements and service and were selected by a group of experienced professionals from ABI’s current leadership. Now in its eighth year, the goal of ABI’s “40 Under 40” award program is not simply to create a one-time ceremony, but to fully engage those selected as future leaders in the insolvency profession and to build on the initiative each year.

Click here to view the full list of the 2024 “40 Under 40” honorees.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.