Leslie W. Chervokas
Partner
Bar Admissions
- New York
With more than 25 years of Am Law 100 experience, Leslie Chervokas effectively manages complex commercial and financial transactions to mitigate legal risk. Ms. Chervokas currently serves as Co‐ Chair of the Banking & Financing Subcommittee of the National Association of Minority & Women Owned Law Firms (NAMWOLF).
Leslie Chervokas represents major financial institutional and corporate clients in complex commercial transactions, financings and restructurings.
Among other engagements, Ms. Chervokas serves as outside counsel to a U.S. financial services provider with more than $115 billion in managed assets, and is adept at streamlining transactions and documentation to resolve legal issues. As trusted counsel for nine years to one of the largest U.S. providers of business and residential video, voice and high‐speed data services and cloud and outsourced IT, she handled matters ranging from distribution, sales channel and technology transactions to financing, insolvency and risk management.
In addition to advising companies pursuing growth strategies, Ms. Chervokas handles distressed situations. She represents a federal government credit agency and other major clients in workouts and restructurings, including those involving derivatives and other structured products. She also counsels clients on the impact of insolvency regimes on structured financings, securitizations and safe harbored financial contracts.
Previously, Ms. Chervokas advised the United States Treasury and the President’s Automotive Task Force in its restructuring of U.S. auto manufacturers GM and Chrysler. In addition, she represented a pre‐eminent financial institution in restructuring CMBS debt secured by U.S. and international real estate assets. Her experience also includes chapter 11 representation of debtors, creditors and other constituents engaged in various industries, such as automotive, cable television, commercial real estate, equipment leasing, gaming, healthcare, hospitality, investment banking, IT, manufacturing, media & entertainment, pharmaceutical and retail.
Prior experience also includes handling asset‐based lending; insurance premium, private equity and specialty financing; auto and equipment loans and leases; real estate and other secured transactions. Past engagements include refinancing a regional sports network; representing institutional lender in a mortgage backed credit facility; and advising the sponsor of a CLO. Significant M&A deals include a prominent hedge fund’s acquisition of material positions in GMAC and LNR.
Ms. Chervokas is active in community affairs in Westchester County, New York.
