Charles focuses his practice on bankruptcy, creditors' rights issues and financial restructuring matters. Over the course of his career, he has served as trustee and counsel to the trustee in several Securities Investor Protection Act liquidation proceedings of stockbrokers at the behest of the Security Investors Protection Corporation and as a receiver in federal equity receiverships commenced by the Securities Exchange Commission. As a corporate partner of Gibson, Dunn & Crutcher, he has also represented Fortune 500 companies as well as most of the major underwriting houses, primarily in the merger, acquisition or public offering of securities contexts including representing Douglas Aircraft in its sale to McDonald, Occidental Petroleum in its acquisition of Island Creek Coal Company and Max Factor in its sale to Norton Simon.
Charles often testifies as an expert witness, most recently in the High Court of the British Virgin Islands. He testified on behalf of a major hedge fund on the impact, if any, of the United States Bankruptcy laws (the Securities Investor Protection Act and Chapter 15 of the Bankruptcy Code governing cross-border insolvencies in particular) on the validity and enforceability of the purchase of a material claim against Madoff Securities by the hedge fund. The High Court, Bankruptcy Judge Lifland (the SIPC judge and the Chapter 15 judge) and the U.S. District Court for the Southern District of New York ruled in favor of the hedge fund.
Beyond Fox Rothschild
Charles has spoken on bankruptcy-related topics to numerous organizations, including the American Bankruptcy Institute, Norton Bankruptcy Litigation Institute, Financial Executives Institute, The Practising Law Institute and the American Bar Association's Business Law Section. Presentations he has delivered include "Thailand's New Bankruptcy Laws Viewed Through the Thai Petrochemical Industry Plc. Case," "Cross-Border Bankruptcy Cases-Impact of Proposed Chapter 15," "Benefits of Creditors' Committee Membership," "Bankruptcy: Is It The Best Way Out?" and "Secured Creditors in Bankruptcy."
He was an Adjunct Professor of Law at Thomas Jefferson Law School lecturing in a Comparative International Law course primarily on Chapter 15 of the United States Bankruptcy Code and other cross-border insolvency issues. He serves as a member of the Board of Directors as well as Vice President and Secretary of Temple of the Arts in Beverly Hills, California.
Honors & Awards
- M&A Advisor Real Estate Deal of the Year for the Purchase of Veris Gold USA, Inc. assets by Whitebox Advisors, LLC (2015)