Kaitlin has a broad bankruptcy and financial restructuring practice dedicated to advising clients on all aspects of bankruptcy proceedings, corporate restructurings, and insolvencies. Clients rely on her extensive experience representing debtors, unsecured creditors, secured lenders, and other parties-in-interest in cases under Chapter 11 and Chapter 7, out-of-court restructurings and attendant litigation.
Kaitlin represents bondholders, bond trustees, and other creditor groups in connection with distressed health care and higher education entities nationwide. Corporate clients seek her specialized counsel in defending against complex bankruptcy-related litigation, including directors and officers liability claims and avoidance actions. She assists clients in purchases and sales of distressed assets through Section 363 of the Bankruptcy Code. Kaitlin also advises lenders and borrowers in the retail, gaming, and energy industries on capital preservation across the credit spectrum and structuring transactions to minimize risk. Kaitlin has represented debtors in successfully restructuring under Chapter 11 of the Bankruptcy Code.
Before joining Mintz, Kaitlin practiced in the New York office of an international law firm, where she specialized in the representation of clients in large, complex, and litigious bankruptcies, including those involving cross-border issues, asbestos liability and channeling injunctions, and breach of fiduciary claims. While in law school, she served as the production editor for the New York University Journal of International Law and Politics.
Experience
- Represented a leading specialty gift store with 86 locations in seven states and nearly 2,000 employees in successful Chapter 11 bankruptcy case Massachusetts.
- Represented former directors, officers, and management of international toy retailer against claims of fraud and breach of fiduciary duty in connection with toy retailer’s Chapter 11 proceeding.
- Represented Master Trustee and Bond Trustee in connection with Verity Health Systems, a California hospital system, with respect to bond obligations in excess of $425 million.
- Represented the indenture trustee in the workout of $15 million of college-related revenue bonds issued for the benefit of the College of New Rochelle in New York chapter 11 bankruptcy proceedings.
- Represented K.D. Pharma as buyer in the Sancilio Pharmaceuticals bankruptcy in Delaware bankruptcy proceedings.
- Represented the Commonwealth of Massachusetts in adversary proceeding brought by Lehman Brothers Holdings Inc. regarding the termination of interest rate swaps with Lehman Brothers Special Financing Inc. following its Chapter 11 filing.
- Represented the indenture trustee for noteholders owed $1.75 billion in the iHeart Communications bankruptcy case in the Southern District of Texas.
- Represented indenture trustee and bond insurer in connection with workout of $10 million in tax-exempt bonds issued to finance Arizona charter school.
- Represented indenture trustee for holders of unsecured notes relating to $350 million of unsecured debt owed by oil and gas developer in Delaware bankruptcy proceeding of White Star Petroleum.
- Represented indenture trustee for holders of $367 million in convertible notes in the Chapter 11 case of Energy XXI, Inc.
- Represented ad hoc group of second lien bondholders in Chapter 11 of Caesars Entertainment Corp. in the US Bankruptcy Court for the District of Illinois.
Case Studies
Case Study
Mintz represented The Paper Store in its Chapter 11 bankruptcy case and devised a strategy that allowed its stores to remain in operation without interruption.
Case Study
viewpoints
2025 Bankruptcy Roundup: Rising Filings and Evolving Dynamics
January 15, 2026 | Blog | By Kaitlin R. Walsh, Dormie Ko
Bankruptcy activity across the United States increased noticeably in 2025, marking one of the sharpest rises in more than a decade and reflecting mounting financial pressure on businesses and individuals alike. While the total number of annual bankruptcy filings remains lower than pre-pandemic levels, overall filings grew at a steady pace compared to the prior year. In fact, 2025 was among the most active periods for business filings since the aftermath of the Great Recession with tens of thousands of business filers seeking protection under Chapter 7 or Chapter 11. The number of filings in 2025 marks a clear increase from 2024 and underscores the challenges that companies face in managing debt and cash flow in the current market environment dominated by high inflation, interest rates, and trade policy uncertainty.
Watch Your Language! Non-Pro Rata Uptier Transactions and the Serta and Mitel Decisions
February 12, 2025 | Blog | By Kaitlin R. Walsh, Tim McKeon
Among the many financial innovations that came out of the COVID era, non-pro rata uptier transactions as a liability management exercise (“LMEs”) are among the more controversial. While lawsuits challenging non-pro rata uptier transactions are making their way through the courts, two important decisions were recently issued by the Court of Appeals for the Fifth Circuit and the New York Appellate Division.
Lifesaving Legal Work Gives Migrant Family a New Start
November 28, 2023 | Article
SCOTUS Bankruptcy Decision Roundup
July 7, 2023 | Blog | By Kaitlin R. Walsh
A Momentive Decision: Second Circuit Splits with Third Circuit on Make Whole Premiums; Adopts Sixth Circuit’s Two-Step Approach in Selecting an Interest Rate in Chapter 11 Cramdowns
October 25, 2017 | Blog | By Kaitlin R. Walsh
SCOTUS to Settle Circuit Split on Rule Applicable to Recharacterization of Debt to Equity Disputes
July 5, 2017 | Blog | By Kaitlin R. Walsh
Supreme Court to Resolve Circuit Split on Scope of 546(e)’s Safe Harbor Provision
May 15, 2017 | Blog | By Kaitlin R. Walsh
Make-Whole Momentum Halted: Third Circuit Rejects Momentive Rationale and Requires Debtor to Pay Make-Whole Premium
November 28, 2016 | Blog | By Kaitlin R. Walsh
The Evolution of Fiduciary Duties Under Delaware Law
September 28, 2015 | Blog | By John H. Bae, Kaitlin R. Walsh
News & Press
Rising Stars: Mintz Elevates in M&A, Restructuring
January 2, 2024|
Mintz Announces Record Member Growth in 2023
December 22, 2023|
Twenty-nine Mintz Attorneys Named to 2023 New York Metro Super Lawyers List
September 22, 2023|
21 Mintz Attorneys Recognized as 2021 New York Super Lawyers and Rising Stars
September 30, 2021|
Mintz Represents The Paper Store in Chapter 11 Bankruptcy Proceedings
September 14, 2020|
Twenty-Seven Mintz Attorneys Named 2017 New York Super Lawyers and Rising Stars
September 20, 2017|
Twenty-Eight Mintz Attorneys Named 2016 New York Super Lawyers and Rising Stars
September 21, 2016|
Twenty-Three Mintz Attorneys Named 2015 New York Super Lawyers and Rising Stars
September 16, 2015|
Events & Speaking
Bartender, I’ll Take a Quarantini: The Fits and Starts of a “Post-Pandemic” Hospitality Industry
National Federation of Municipal Analysts
Las Vegas
The American Bankruptcy Institute's Winter Leadership Conference
Recent Trends In The Credit Bidding of Assets and Cross-Border Issues
Rancho Palos Verdes, CA
Recognition & Awards
New York Super Lawyers: Bankruptcy: Business (2021 – 2025)
New York Super Lawyers: Rising Star – Bankruptcy: Business (2015 – 2017)
Involvement
- Member, International Women’s Insolvency & Restructuring Confederation
- Member, Turnaround Management Association
- Member, American Bar Association
- Member, New York State Bar Association
