Kristine Manoukian is a partner in the Business Reorganization Group at Schulte Roth & Zabel. Her practice focuses on advising ad hoc creditor groups comprised of hedge funds and other financial institutions, secured lenders, purchasers and other investors in restructurings (in- and out-of-court), recapitalizations and workouts, including in connection with financing matters, debt-for-equity exchanges, bankruptcy sales, and plan confirmation issues. Kristine is ranked as one of The Deal's Top Women in Dealmaking and has been recognized as a rising star by New York Metro Super Lawyers.


Ad hoc group of first lien lenders in the Westmoreland Coal Company chapter 11 cases

Ad hoc group of second lien lenders and DIP lenders in the SunEdison chapter 11 cases

Steering committee of first lien creditors, DIP financing lenders and the purchaser of Walter Energy's assets in its chapter 11 cases

Steering committee of first lien lenders and DIP financing lenders in the Longview Power chapter 11 cases

Ad hoc group of senior secured noteholders in the Catalyst Paper Corp. chapter 15 proceedings (and related Canadian proceedings)

Ad hoc group of noteholders and new money lenders in connection with Abengoa's global restructuring

Ad hoc group of hospitals in the Purdue Pharma chapter 11 cases

First Lien and DIP lenders, and the purchaser of Relativity Media assets in its chapter 11 cases

Syndicate of senior secured lenders in the Seadrill Limited chapter 11 cases

Funds managed by Oak Hill Advisors as secured noteholders in the recapitalization of Associated Materials

Sixth Street as first lien lender in the Energy Alloys and Barney's chapter 11 cases

MGG Investment Group as first lien and DIP lender in the GenCanna Global chapter 11 cases

Associated Materials and its board in the merger with funds managed by SVP Global

Bluestar Alliance as purchaser of the Justice brand assets in the Ascena Retail Group chapter 11 cases

Potential purchasers in the Voyager, GWG and Purdue Pharma chapter 11 cases

Ad hoc group of secured noteholders of Northern Oil & Gas in a consent solicitation, and tender and exchange offer

Senior noteholders of Caesars Entertainment in a consent solicitation

Wilmington Trust as second lien agent in the True Religion chapter 11 cases

Debtors in the Allied Nevada, Atari, Quiznos, and Archbrook Laguna chapter 11 cases

Unsecured Creditors' Committees in the Hawker Beechcraft, Friendly Ice Cream Corp. and Vitro America chapter 11 cases

Centerbridge in the Lehman Brothers chapter 11 cases



Second Circuit’s Purdue Pharma Ruling: Third Party Releases Remain a Question of Geography, SRZ Alert, June 20, 2023

Validity of Non-Consensual Third-Party Releases Called into Question in Purdue Bankruptcy - But for How Long? SRZ Alert, Dec. 22, 2021; republished in Pratt's Journal of Bankruptcy Law, April/May 2022

Ultra Petroleum Bankruptcy Court Allows Make-Whole Premium and Postpetition Interest at Contractual Default Rate,” SRZ Alert, Feb. 22, 2021

Speaking Engagements

Distressed Opportunities, Schulte Private Capital Conversations, July 2023

Distressed Opportunities,” SRZ 32nd Annual Private Investment Funds Seminar, January 2023

“The Broad Spectrum of Distressed Investing,” 18th Annual Wharton Restructuring and Distressed Investing Conference, Feb. 2022

“Bankruptcy,” SRZ 31st Annual Private Investment Funds Seminar, Jan. 2022

“Credit Funds and Distressed Investing,” SRZ 30th Annual Private Investment Funds Seminar, January 2021

“Credit and Specialty Finance,” SRZ 28th Annual Private Investment

Funds Seminar, New York, January 2019

Wharton Restructuring Club Distressed Debt Trading — Before You Say “Done” Seminar, Philadelphia, November 2018

Section 363 Bankruptcy Sales: Key Considerations in the Auction Process, Private Sales, Due Diligence and Operations,” Strafford Webinar, May 2018

“European Restructuring Techniques: The Impact of Brexit and Other Developments on the Primacy of the UK Scheme of Arrangement,” LSTA and LMA Conference, May 2017

Business Bankruptcy Legal Update Panel, ABI Annual Spring Meeting, April 2017


  • American Bankruptcy Institute
  • IWIRC, International Women’s Insolvency & Restructuring Confederation
  • INSOL International
  • Armenian Bar Association
  • Board of Directors for the Harlem School of the Arts


  • The Deal
    • Ranked as one of the Top Women in Dealmaking
  • New York Metro Super Lawyers — Rising Star
  • Immigration Equalitys 2012 Safe Haven Award for excellence in pro bono representation

Prior Experience

  • Partner, Clifford Chance
  • Counsel, Akin Gump Strauss Hauer & Feld
  • Associate, Richards, Layton & Finger
  • Law Clerk to Hon. William T. Thurman, Chief Judge, U.S. Bankruptcy Court for the District of Utah