Erik B. Weinick and Chad B. Simon were promoted to members of law firm Otterbourg.

Weinick is a member of Otterbourg’s bankruptcy and litigation groups and also co-founded the firm’s privacy and cybersecurity practice. He has represented a range of commercial and financial firms, entrepreneurs, individuals, and domestic and foreign government agencies before regulators, state and federal courts, and alternative dispute resolution tribunals.

In addition to advising on privacy and cybersecurity matters, Weinick’s experience includes bankruptcy, commercial torts, defamation/slander, employment and labor, insurance, non-competition agreements, professional malpractice, real estate, SEC receiverships and unfair/deceptive trade practices.

Weinick is certified as a CIPP-US privacy professional and was recently appointed to the advisory board of Agnes Intelligence, an artificial intelligence technology firm. He is an author, speaker and commentator on cybersecurity areas encompassing consumer privacy and reporting transparency, credit risk management, private equity and restructuring, and regulatory issues. 

A member of Otterbourg’s workout and restructuring group and banking and finance group, Simon represents banks, private equity investors, commercial finance companies, fiduciaries and other institutions in all aspects of financially distressed situations. He has served in several high-profile restructurings, including J.C. Penney, Modell’s Sporting Goods, NJOY and Specialty Retail Shops Holding Corp.

Simon consults on complex restructuring transactions across a range of industries, including structuring and documenting both in and out of court workouts of revolving credit facilities, term loans, debtor-in-possession and exit financing facilities, convertible debt and equity instruments, and the acquisition and sale of distressed assets. Additionally, Simon advises clients on various intercreditor issues and engineers strategies to maximize recoveries from distressed loans and investments.

Simon also represents clients in federal bankruptcy courts throughout the country, and has appeared before the United States Supreme Court and United States Court of Appeals.