ParkLaw is a New York City-based law firm specializing in restructuring and bankruptcy transactions, serving founders and investors with a unique blend of corporate and financial expertise. Founded by Karen S. Park, JD, MBA, the firm distinguishes itself by offering deep restructuring knowledge typically found in large firms, but with the accessibility and personalized service of an independent practice, avoiding Big Law rates.
The firm leverages over 16 years of experience advising companies, funds, and financial institutions, with a focus on distressed mid- to large-cap entities and early-stage ventures. Karen S. Park has personally advised on over $2 billion in transaction value and offers strategic guidance ranging from out-of-court negotiations to formal bankruptcy proceedings. ParkLaw primarily serves entrepreneurs, founders, investors, family offices, and other law firms seeking specialized bankruptcy or corporate advice.
Services Offered
- Bankruptcy attorney services
- Corporate bankruptcy advice
- Debt and equity restructuring
- Operational wind down guidance
- Mergers and acquisitions (M&A) advisory
- Corporate transactional support
- Strategic advice for law and investment firms
- Structuring and drafting term sheets
- Definitive documentation for stock/asset acquisitions and divestitures
- Debt and equity investment structuring
- Entity formation advice (C-Corp, S-Corp, LLC)
- Negotiating partnership, shareholder, and operating agreements
- Commercial transactions
- Drafting employment agreements
- License agreements
- Commercial leases
- Vendor contracts
- Master purchase agreements
- Statements of work
- Standard terms and conditions
- Advising on personal liability exposure in business wind downs
- Representation in Chapter 7, 11, and 13 bankruptcy proceedings
Based in New York City, ParkLaw serves clients locally and beyond, with services available in English. The firm’s principal holds a JD from the University of Toronto and an MBA with Distinction from Columbia Business School, with prior experience at top-tier firms including Schulte Roth & Zabel and Shearman & Sterling.
