Jeffrey T. Testa represents businesses, individuals, debtors, creditors' committees, lenders, chapter 11 and chapter 7 trustees, litigation trustees, receivers, assignees, creditors and defendants in complex bankruptcy proceedings and related litigation throughout the nation.
Jeff is equally skilled in business and civil litigation matters. He has represented corporations and individuals in federal and state court litigation and in arbitrations and mediations in a wide variety of business litigation, construction and contractual disputes. Jeff is also called upon by clients in times of crisis for leadership and advice on multiple topics including white collar criminal matters and government investigations.
Jeff served as debtors’ co-counsel to Trump Hotels & Casino Resorts Inc. in its successful 2004 and 2009 Chapter 11 bankruptcy proceedings, which resulted in confirmed plans of reorganization. He also served as co-counsel to the Official Committee of Unsecured Creditors of In re GB Holdings, Inc., a case relating to the former Sands Casino in Atlantic City, New Jersey wherein the creditors' committee terminated exclusivity of the debtor and won confirmation of a plan of reorganization.
Jeff has significant experience serving as counsel to both Chapter 11 and Chapter 7 Bankruptcy Trustees in complex cases throughout the nation including: In re Solomon Dwek, a nationally publicized Ponzi case in which Jeffrey counseled the bankruptcy trustee in his administration of over 80 debtor entities which owned more than 300 commercial, industrial and residential properties located throughout the United States, wherein hundreds of adversary proceedings were commenced by the Trustee, the real estate portfolio liquidated, and wherein a Chapter 11 plan of liquidation was confirmed; In re Pappas Broadcasting, Inc., in which the debtors and their non-debtor affiliates operated the largest privately held commercial television broadcast group in the United States as measured by Nielsen Media Research, wherein Jeffrey represented the Trustee in the sale of numerous television stations; In re Student Finance Corp, a student loan company whose claims exceeded $1.1 billion; and In re Golden Guernsey Dairy, LLC, wherein Jeff assisted the Trustee in selling the Midwest dairy distribution plant to Lifeway Foods. Jeff also represents state court receivers and assignees in the dissolution of corporations and partnerships. Among his active cases, Jeff currently represents the Trustee of Big Island Carbon, a cutting edge bio-fuel company located in Hawaii; Tengion Inc., a publically traded bio-medical research company; Powerwave Technologies, Inc., an international wireless company; the Assignee for the Benefit of Creditors of Sixth Avenue Electronics City, Inc.; and Integrated Packaging Corporation.
Jeff has experience prosecuting and defending a wide range of bankruptcy-related litigation matters including fraudulent conveyances, preferences, Ponzi schemes, directors and officers litigation, derivative employment issues, claims objections, fee auditor disputes, tax disputes, lease rejection, intellectual property, bankruptcy fraud and discharge issues. Jeff frequently counsels clients in both the purchase and sale of distressed assets, including corporations, commercial and residential real estate, intellectual property, loan portfolios, television stations, liquor licenses, equipment, biomedical technologies, and other assets. Jeff also advises secured lenders in bankruptcy proceedings including with regard to DIP and exit financing matters.
Jeff has spoken on various legal issues as a panel speaker at the New Jersey State Bar Association Annual Meeting and Convention. He also previously served as the alternate municipal prosecutor for the Township of Verona (Essex County, NJ), and was a member of the District VA Ethics Committee.
Awards & Accolades
Recognized in Chambers USA since 2011. Clients stated that he is a “phenomenal lawyer.”
Listed in New Jersey Super Lawyers from 2006-2017
Recognized in 2008 by the New Jersey Law Journal as one of the state’s “40 Under 40”
No aspect of these advertisements have been approved by the Supreme Court of New Jersey. See Awards Methodology.