Robert D. Drain

Robert D. Drain (born c. 1957) is a United States bankruptcy judge of the United States Bankruptcy Court for the Southern District of New York who has presided at several high profile corporate bankruptcies. Corporations frequently relocate to White Plains days before filing for Chapter 11 because they see him as likely to rule in their favor.[1] For example, Purdue Pharma moved their corporate headquarters to White Plains before filing for bankruptcy due to multiple wrongful death lawsuits from multiple jurisdictions. Judge Drain allowed the bankrupt company to pay out millions in bonuses to executives.[2]

Judge Robert D. Drain

Early life

Drain received a B.A. degree cum laude with honors in 1979 from Yale University and J.D. in 1984 from Columbia University School of Law where he was a Harlan Fiske Stone Scholar for three years.[3]

He was a partner in the bankruptcy department of the New York firm Paul, Weiss, Rifkind, Wharton & Garrison when he was appointed to be judge in 2002. He is also an adjunct professor of law at St. John's University School of Law's LLM in Bankruptcy Program.[3]

Notable cases

He has presided over the bankruptcies of:[3]

In addition he has presided over the ancillary or plenary cases involving foreign companies with United States connections:[3]

and has served as the court-appointed mediator in a number of chapter 11 cases.

References
  1. "Companies Lease Offices in New York Suburb to Pick Bankruptcy Judge".
  2. "Judge Approves Millions in Bonuses for Purdue Pharma Employees".
  3. "Judge Robert D. Drain Profile". Nysb.uscourts.gov. 2005-06-20. Archived from the original on 2012-11-28. Retrieved 2012-11-21.
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