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James L. Bromley

Partner

James L. Bromley

Partner
New York +1-212-558-4923 +1-212-558-4923 +1-212-558-3588 +1-212-558-3588
[email protected]
Jim Bromley is a partner in Sullivan & Cromwell’s Finance & Restructuring Group and is the co-head of the Firm’s Global Restructuring practice, where his practice focuses on restructuring, bankruptcy and litigation advice to a wide spectrum of corporate clients, including creditors, debtors and investors, as well as government actors.

For three decades, Mr. Bromley has advised on the most prominent and noticeable matters across a large number of industries, including automobile, aviation, consumer & retail, energy, financial services, manufacturing, mining, telecommunications and shipping, among others. He was instrumental in the Chapter 11 proceedings of Nortel Networks and in designing and implementing the multinational sale process that resulted in the disposition of Nortel’s patent portfolio and its CDMA, Enterprise and MEN businesses. He was also the lead counsel on the prepackaged Chapter 11 plan of the reorganization of Modular Space Corporation. His stature in the restructuring and bankruptcy space has won him plaudits from peers and clients alike.

"I admire him as he is very smart, has a really impressive grasp of substantive law, is very good in court and is quietly effective at running complicated cross-border cases," said one of his many admiring commentators to Chambers USA.

“A ‘first-rate bankruptcy lawyer... One of the true experts in cross-border insolvencies.’” “Tremendously talented, incredibly smart and able to pick up issues very, very quickly,” remarks Chambers USA and its interviewees.

Mr. Bromley has substantial first-chair trail experience, including jury trials before state, federal and international courts. His reputation in his representation of Nortel Networks, which was one of the most complex cross-border restructuring cases ever, extends to the international stage.

“The bench trial was held in front of two benches simultaneously in US and Canada with two judges sitting together by video feed. ’This was unprecedented,’ observes a peer, summing up the consensus. ‘There were over 100 depositions and 40 witnesses, and these judges were definitely no-nonsense, and after all they had to go through, were not about to suffer any fooling around. The lawyers definitely had their work cut out for them, but James did very well on that,’” Benchmark Analysis wrote.

Domestically, Mr. Bromley has been highly regarded by the business and legal press, including The American Lawyer, which named him a “Dealmaker of the Year,” Benchmark Litigation, which named him “Bankruptcy Lawyer of the Year,” and Turnarounds & Workouts, which named him “Outstanding Restructuring Lawyer.”

Mr. Bromley’s dedication to pro bono work has put him in the spotlight. In 2016, he was the lead counsel in Michael Ferguson v. JONAH, the landmark LGBT civil rights case that unanimously determined that conversion therapy and seeking to convert gay people constituted consumer fraud.

"Jim [Bromley] and his team didn't just show up for the fun stuff; they played a central role in every discovery kerfuffle, every deposition, every expert report, and every court argument... Jim’s closing argument enraptured the courtroom and had many of us in tears," said David Dinielli, deputy legal director with the Southern Poverty Law Center, regarding the JONAH case.

A lecturer-in-law on cross-border insolvency law at Harvard Law School, Mr. Bromley is also a fellow at the American College of Bankruptcy and an instructor at International Association of Restructuring, Insolvency & Bankruptcy Professionals (“INSOL”). He is a frequent speaker at International Insolvency Institute (“III”), INSOL, American Bankruptcy Institute (“ABI”) and other industry leading conferences.

A thought leader in his field, Mr. Bromley has provided the following insights and authorship.

Publications
  • “The Pension Benefit Guaranty Corporation’s Valuation Regulation in Bankruptcy: Entitled to Chevron Deference or Arbitrary and Capricious?” The University of Pennsylvania Journal of Business Law, 2018 (chapter co-author)
  • “U.S. Insolvency and Corporate Reorganization Report,” International Financial Law Review, 2017 (chapter co-author)
  • The Law and Practice of Restructuring in the U.K. and U.S., Oxford University Press, 2017 (chapter co-author)
  • Cross-Border Bank Insolvency, Oxford University Press, 2011 (chapter co-author)