Mr. Pagay is a business lawyer whose practice focuses on working with CEOs, CFOs and other upper level management on the development and implementation of strategic alternatives for and against distressed businesses. He has substantial experience representing chapter 11 debtors, trustees, unsecured creditors, creditors' committees, and other parties in the contexts of bankruptcy cases, adversary proceedings, commercial litigation, mediations, domestic and international business transactions, business reorganizations, and out-of-court corporate restructurings of debt. He has broad industry experience, including healthcare, life sciences, real estate, technology, retail, manufacturing, transportation, sports, and entertainment. Recent representations include reorganizing the Ruby Tuesday restaurant chain through a debt-for-equity transaction with its secured lenders, implemented through a chapter 11 plan confirmed after only four months in bankruptcy; counseling technology entrepreneur Yueting “YT” Jia, the founder of mobility ecosystem company Faraday Future, in the successful restructuring of over $3 billion in debt held almost entirely by creditors located in the People’s Republic of China (which representation was recognized at Global M&A Network's 13th Annual Turnaround Atlas Awards as "Cross-Border Turnaround of the Year"); advising a creditors' committee in connection with a successful hospital reorganization; and completing the sale of a $100 million Class A commercial office property over the objections of co-owners. He has served as principal counsel to China Export & Credit Insurance Corporation (SINOSURE) and its Chinese policyholders and clients in complex United States insolvency matters. Mr. Pagay has lectured regarding a variety of legal issues, including mass-tort bankruptcy cases arising from sexual-abuse liability and crossborder transactions and insolvencies. He has been named a "Super Lawyer" in the field of Bankruptcy & Creditor/Debtor Rights every year since 2009 in a peer survey conducted by Law & Politics and the publishers of Los Angeles magazine, an honor bestowed on only 5% of Southern California attorneys. Mr. Pagay holds an AV Preeminent Peer Rating (Martindale-Hubbell's highest recognition for ethical standards and legal ability). He has been listed among The Best Lawyers in America in the practice areas of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation – Bankruptcy and was named to the 2023 edition of the Lawdragon 500 Leading Bankruptcy & Restructuring Lawyers.