León Cosgrove

Andrew Zaron

Andrew Zaron is a partner at León Cosgrove LLP who focuses on Bankruptcy, Restructuring and Related Commercial Litigation.

Mr. Zaron has extensive experience counseling and representing clients confronting the difficult choices imposed by financial distress. Over a period of 20 years working with some of the nation’s largest and most prestigious law firms, Mr. Zaron has developed an astute, solutions-oriented practice representing virtually every party in interest in insolvency-related situations. His aggressive representation of clients has achieved extremely favorable results, whether through settlement or final court resolution. He is ranked in the Bankruptcy/Restructuring category by Chambers USA, which notes that he “maintains a broad bankruptcy and restructuring practice” and demonstrates “additional strength in commercial litigation.”

Mr. Zaron’s experience spans a wide array of clients, industries and matters. He represents debtors, secured and unsecured creditors, official and ad hoc committees of creditors, trustees, vendors, state and federal court appointed receivers, purchasers of distressed assets and directors and officers of troubled companies. Industries represented include real estate, construction, telecommunications, retail, hospitality, construction, health care and entertainment, among others. Out-of-court restructurings, workouts, bankruptcy proceedings, statutory liquidations, assignments for the benefit of creditors, friendly and contested foreclosure proceedings, receivership proceedings, and asset sales under Article 9 of the Uniform Commercial Code comprise a large part of his practice. He also frequently handles claims litigation, collections actions, actions to subordinate or set aside liens, clawback actions, and actions seeking recoveries for breaches of fiduciary duties, professional malpractice and negligence. Mr. Zaron has been the lead attorney on matters large and small, including several where the amount in controversy exceeded $1 billion.


Representation of the indenture trustee and collateral agent for a $1.75 billion commercial paper facility in the bankruptcy of the largest non-institutional mortgage servicer in the country;

Representation of an SEC appointed receiver in a federal district court action involving a $1.2 billion family of hedge funds

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Representation of the purchaser of a $150 million secured line of credit used to purchase assets in a section 363 bankruptcy sale through a credit bid;

Representation of a chapter 11 debtor company engaged in real estate development and mortgage servicing;

Representation of four subsidiaries of a Malaysian public company in its assignment for the benefit of creditor proceedings;

Representation of the unsecured creditors committee in the chapter 11 bankruptcy proceeding of a company owning substantial film distribution rights;

Representation of an ad hoc committee of bondholders in the chapter 11 bankruptcy proceeding of a special hospital district;

Representation of the first priority secured lender in the chapter 11 bankruptcy of a plant and tree nursery;

Representation of a bankruptcy trustee of two prominent hotels on South Beach which were sold for $25 million;

Representation of the director of a corporation accused of breaching his fiduciary duty to the corporation;

Representation of a private equity sponsor of a corporation in an action by bankruptcy trustee seeking to set aside the sponsor’s secured claim;

Representation of an SEC appointed receiver in his action against a hedge fund manager and administrator for aiding and abetting breaches of fiduciary duties by certain directors and officers;

Representation of a real estate developer in pursuit of over $1 billion of claims against a gaming facility;

Representation of numerous parties in hundreds of clawback actions, including trustees and receivers as plaintiffs, and vendors, financial institutions, individuals and other parties as defendants.