Jon Polonsky focuses his practice on securities and financial institutions litigation, bankruptcy and creditors' rights, and product liability and consumer products safety.
Mr. Polonsky has prosecuted and defended class, derivative and private securities actions involving claims for 10b-5 securities fraud and common law fraud, claims under the Investment Advisor Act, and claims against parents and controlling shareholders, directors, officers, accountants, auditors and lenders. He has also conducted internal investigations under the Foreign Corrupt Practices Act and concerning claims against directors, officers, accountants, auditors and lenders.
In his bankruptcy and creditors’ rights practice, Mr. Polonsky has represented bankruptcy trustees, examiners, official unsecured creditors' and equity holders’ committees and creditors in investigations and litigation involving fraudulent transfers and conveyances, equitable subordination, preferences, breaches of fiduciary duty, waste and mismanagement, and conflicts of interest. He has represented committees in the bankruptcy proceedings of four hospitals, a large residential real estate project, a technology company, a manufacturing company and a hedge fund. He has also represented creditors and committees in work-outs and restructurings involving hospitals, residential and commercial real estate, aircraft leases and manufacturing facilities.
Prior to joining the firm, Mr. Polonsky served as a Senior Trial Attorney in the Economic Crimes Bureau of the Brooklyn District Attorney's Office, investigating and prosecuting insurance fraud, bank and credit card fraud, forged documents and false statements, arson, labor racketeering, extortion and embezzlement.
Professional & Community Activities
American Association for Justice, Member
American Bankruptcy Institute, Member
American Bar Association, Section of Business Law, Business Bankruptcy Committee, Member
Association of the Bar of the City of New York, Member
Appleby Foundation, Former Board Member
The Quarterly, Former General Counsel
Rebecca Kelly Ballet Company, Former Board Member
Rye Brook Board of Zoning Appeals, Past Member
Rye Brook United, Pro Bono Counsel
Yale Legal Services Organization, Past Board Member
Yale Legal Services Program, Past Co-Director