‹ back to PartnersSheon Karol

Sheon Karol has a unique combination of turnaround, executive and legal experience spanning more than 20 years, with an emphasis on out-of-court restructurings, bankruptcy proceedings and mergers and acquisitions. Mr. Karol is an innovative, collaborative leader with expertise in a wide variety of industries, including:

A seasoned executive, Mr. Karol has led several prominent restructuring engagements and played an essential role in numerous others. He has served in a variety of management and interim management positions, such as chief restructuring officer (CRO) and senior vice president. Noteworthy engagements include:

• Financial advisor to Grupo Mexico in its successful retention of equity in ASARCO's contested confirmation hearing
• CRO of a $1 billion private company
• Managed more than $200 million in asset sales for an $8 billion supermarket chain in Chapter 11, where he successfully sold 326 stores in a 90-day period and directed claims reconciliation after the company emerged from bankruptcy
• Provided general bankruptcy advice and managed operations for the restructuring of certain business units affiliated with a $250 million medical diagnostic company
• Guided the auction and sale of a $12 billion farm cooperative’s nitrogen fertilizer business, netting $25 million more than the stalking horse bid
• Senior vice president, general counsel and the board secretary of a national kitchen and housewares retailer with more than $400 million in annual sales
• The Caldor Corporation, a 145-store discount retailer, with approximately $3 billion in annual sales

Prior to his corporate experience, Mr. Karol was a lawyer with a leading New York firm. His practice focused on mergers and acquisitions, private placements, securities, financing, bankruptcies and workouts.

Mr. Karol holds a bachelor’s degree from Yeshiva College and his juris doctorate from Yale Law School. He is a frequent speaker at restructuring and legal conferences and recently co-authored “Protecting Director Assets in Troubled Times” in The Corporate Board.