People
Marie C. Pollio

Marie C. Pollio

she/her/hers

Partner

Marie is co-chair of Shipman's Finance Department, and is a member of the firm's Management Committee. She provides strategic, practical advice to several national banks and other financial institutions in connection with their roles in complex financial and capital markets transactions and default and workout situations. Marie represents trustees, administrative agents and collateral agents in a variety of secured and unsecured financing transactions from deal origination through ongoing administration and into defaulted situations. She regularly advises on public offerings and privately-placed corporate debt issuances, high-yield bonds issuances, syndicated loan transactions, cross-border financing, project financing, lease transactions, collateral agencies, and escrow and depositary relationships. Her practice is focused on some of the most complex, innovative financial products cutting-across all industries. Marie works closely with the corporate trust and agency departments of her clients to help them meet the challenges of the modern, global economy.

She provides a nuanced approach to negotiations focusing on what is most important to her clients while protecting their interests in a pragmatic and business-minded way. Marie understands how deals are structured and the key interests and concerns of all parties. As a result, she anticipates potential issues for her clients (and their clients) and proposes solutions consistent with their overall business objectives. Marie’s commitment to provide high-quality, practical service has fostered the growth of long-term relationships with her clients and partner firms.

Marie also has decades of experience representing creditors in complex bankruptcy and reorganization proceedings pending in bankruptcy courts around the country. She represents institutional creditors, individually and as members of unsecured creditors’ committees. Marie has extensive experience guiding her corporate trust clients through the unique legal issues indenture trustees and administrative agents face in financial restructuring and insolvency matters. Her experience spans across various industries, such as energy, financial services, bank holding companies, airlines, manufacturing, and municipal bond financings.

Credentials

Education

New York University, B.A., 1992, magna cum laude, Phi Beta Kappa
New York University School of Law, J.D., 2004, cum laude
University of Vermont, M.Ed., 1994

Bar Admissions

Connecticut, 2004
New York, 2005

Court Admissions

U.S. District Court, Eastern District of NY, 2012
U.S. District Court, Southern District of NY, 2005
U.S. District Court, District of CT, 2005

Distinctions

Listed as a Connecticut Super Lawyer Rising Star®: Bankruptcy & Creditor/Debtor Rights (2010-2014)
Selected as one of the "500 Leading U.S. Bankruptcy and Restructuring Lawyers" by Lawdragon (2020-present)
National Conference of Bankruptcy Judges: Next Generation (2011)
NYU Annual Survey of American Law, Executive Articles Editor
Philip F. Cohen Award
Robert Mckay Scholar

Professional Affiliations

American Bar Association: Business Law
American Bankruptcy Institute
Connecticut Bar Association: Business Law
Hartford County Bar Association
International Women’s Insolvency and Restructuring Confederation

Community Involvement

Statewide Legal Services of CT, Inc. Pro Bono Security Deposit Clinic

Experience

General

$203 Million Financing for University Health Ambulatory Care Center

Shipman & Goodwin represented a major university health center in a $203 million financing for the construction of a state-of-the-art ambulatory care center. Our representation involved the negotiation of intricate loan documents and title insurance; complex title, surveying and land use issues; avoidance of environmental problems; corporate governance; navigation of liability issues; drafting of sophisticated bankruptcy opinions; and arrangement of the client’s qualification for exemption from taxes.

Represented National Bank in connection with $2.25 Billion High-Yield Bonds for Major Retailer

Represented major national bank in connection with its role as trustee and collateral agent for $2.25 billion of high yield bonds issued by a leading retailer, including mortgaged real property in multiple jurisdictions.

Represented National Bank in $1.2 Billion High-Yield Bonds to Fund Acquisition of Genealogy Research Company

Represented major national bank in connection with its roles as trustee, collateral agent and escrow agent for $1.2 billion of high-yield bonds issued to fund the acquisition by a major private equity fund of a major online geneology research company.

Stable Value Fund Chapter 11 Case

We were retained by a client appointed to act as the independent fiduciary of the Trust Advisors Stable Value Plus Fund due to allegations of wrongful conduct regarding the Fund's assets, which total more than $260,000,000 in pension plan investments of approximately 1,500 pension plans, to represent it with regard to bankruptcy and employee benefits issues. On September 30, 2005, the client filed a Chapter 11 case in the Connecticut Bankruptcy Court to preserve the assets of the Fund and ensure an orderly distribution of the Fund's assets to all investors. Following extensive negotiations with the Court-appointed Investor Committee and other parties-in-interest, the firm prepared and filed the Fund's Plan of Reorganization with the Court. After submitting the Plan to investors for approval, 99% of all voting investors voted in favor of the Plan. On July 28, 2006, the Plan was confirmed by the Connecticut Bankruptcy Court. This case is one of only a handful of Chapter 11 cases filed in the Connecticut Bankruptcy Court to confirm a Plan of Reorganization in less than one year.

Load More +