Aaron Applebaum

Partner
Wilmington
About

Aaron Applebaum represents debtors, official committees of unsecured creditors, creditors and chapter 11 trustees in complex bankruptcy cases and out-of-court commercial restructurings. Aaron also has significant experience representing parties in assignment for the benefit of creditor (ABC) proceedings in the Court of Chancery in Delaware. Aaron has been actively involved in numerous complex restructuring and acquisition matters, including in the oil and gas, retail, health care, medical services, restaurant, real estate and other industries.

Aaron protects and advances the interests of his clients, including distressed companies, committees and creditors, in commercial workouts and chapter 11 reorganization cases. He assists clients with all aspects of chapter 11 and other insolvency proceedings, including asset sales under section 363 of the Bankruptcy Code, confirmation of plans of reorganization, resolution of claims, and prosecution and defense of complicated bankruptcy and related litigation.

Areas of FocusRestructuringFinance
Bar admissionsDelawareMarylandNew JerseyPennsylvania

EXPERIENCE

  • Represented the Official Committee of Unsecured Creditors in Instant Brands Acquisition Holdings inc. et al., Case No. 23-90716-MI, in the United States Bankruptcy Court for the Southern District of Texas
  • Represented the Official Committee of Unsecured Creditors in In re Plastiq Inc., et al., Case No. 23-10671-BLS, in the United States Bankruptcy Court for the District of Delaware
  • Represented the Debtors, an integrated design firm specializing in higher education, healthcare, government and science & technology in In re EYP Group Holdings, Inc., et al., Case No. 22-10367-MFW, in the United States Bankruptcy Court for the District of Delaware
  • Represented the Official Committee of Unsecured Creditors in In re Times Square JV LLC et al., Case No. 22-11715-JPM, in the United States Bankruptcy Court for the Southern District of New York
  • Represented the Official Committee of Unsecured Creditors in In re Clarus Therapeutics Holdings, Inc. et al., Case No. 22-10845-MFW, in the United States Bankruptcy Court for the District of Delaware
  • Represented the Official Committee of Unsecured Creditors in In re Tilden Marcellus, LLC, Case No. 22-20212-GLT, in the United States Bankruptcy Court for the Western District of Pennsylvania
  • Represented sanofi-aventis U.S. LLC in complex bankruptcy litigation in In re Mallinckrodt plc et al., Case No. 20-12522-JTD, in the United States Bankruptcy Court for the District of Delaware
  • Represented GACP Finance Co., LLC, as secured creditor in In re BJ Services, LLC et al., Case No. 20-33627-MI, in the United States Bankruptcy Court for the Southern District of Texas
  • Represented the debtors, owners of more than 20 million square feet of retail space, in In re Pennsylvania Real Estate Investment Trust, et al., Case No. 20-12737-KBO, in the United States Bankruptcy Court for the District of Delaware
  • Represented the debtors, owners of forty-nine IHOP restaurants, in In re CFRA Holdings, LLC et al., Case No. 20-03608-CPM, in the United States Bankruptcy Court for the Middle District of Florida
  • Represented the chapter 11 trustee and four business debtors in In re Manus Edward Suddreth, et al., Case No. 13-12978-DER, in the United States Bankruptcy Court for the District of Maryland
  • Represented the Official Committee of Unsecured Creditors in In re Maurice Sporting Goods, Inc. et al., Case No. 17-12481-KBO, in the United States Bankruptcy Court for the District of Delaware
  • Represented the debtors, Singapore-based offshore contractors and providers of integrated offshore solutions to the global oil and gas industry, in In re Ezra Holdings Limited et al., Case No. 17-22405-RDD, in the United States Bankruptcy Court for the Southern District of New York
  • Represented the Official Committee of Unsecured Creditors in In re DirectBuy Holdings, Inc., et al., Case No. 16-12435-CSS, in the United States Bankruptcy Court for the District of Delaware
  • Represented the debtors, a grocery store cooperative serving approximately 800 supermarkets, specialty stores, convenience stores and superettes in In re AWI Delaware, Inc. et al., Case No. 14-12092 (Associated Wholesalers), in the United States Bankruptcy Court for the District of Delaware
  • Represented the purchaser of hospitals in New Jersey in bankruptcy cases in the United States Bankruptcy Court for the District of New Jersey
  • Represented the debtor in In re Bergenfield Senior Housing, LLC, Case No. 13-19703-MS in the United States Bankruptcy Court for the District of New Jersey
  • Represented the debtor in In re Modern Precast Concrete, Inc., Case No. 12-21304-REF in the United States Bankruptcy Court for the Eastern District of Pennsylvania
  • Represented the debtor in In re The Village at Penn State Retirement Community, Case No. 11-08005-MDR, in the United States Bankruptcy Court for the Middle District of Pennsylvania

Awards

Chambers USA

  • Up and Coming, Delaware Bankruptcy/Restructuring, (2024 – 2025)
  • Associate to Watch, Delaware Bankruptcy/Restructuring, (2021 – 2023)
    Chambers comments, "Associate Aaron Applebaum is adept at assisting debtors, creditors and trustees in bankruptcy and restructuring matters, including Chapter 11 proceedings." Clients say, "He is responsive and attentive to clients' needs."

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Education
  • J.D., Ohio State University
  • B.A., Political Science, College of Wooster

Bylines

  • "The New Hidden Cost of Chapter 11," XXXVIII ABI Journal 3, 32 – 33, March 2019
  • "Auto Industry Challenges Drive Opportunities for Turnaround Professionals," Journal of Corporate Renewal, January/February 2019

Media Mentions

My latest insights

News

DLA Piper secures bankruptcy court approval for donation to Honorable Kevin J. Carey...

8 January 2026

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Phone

+1 302 468 5662
(Work, Wilmington)