Loeb & Loeb LLP
Marc Cohen has substantial experience representing
Notably, Mr. Cohen currently represents the states of California and Delaware in enforcing their unclaimed property laws, including in connection with the life insurance and oil and gas industries. In addition to successfully obtaining judicial relief to enforce his clients’ rights to administer their state unclaimed property programs, he has also been especially successful in negotiating settlement agreements on behalf of his clients. This includes representing the California State Controller’s Office in negotiating multi-state settlements with the insurance industry; to date, California has executed settlements with 24 major US insurers with a projected aggregate value of $2.4 billion nationally and over $300 million going to beneficiaries or to the state.
Mr. Cohen has also represented the City of Los Angeles in numerous matters, including advising the City of Los Angeles, Department of Airports in the Chapter 11 bankruptcy cases of American Airlines, Delta Airlines, Northwest Airlines and United Airlines, as well as advising the City in connection with the treatment of several contracts and leases between those carriers and Los Angeles World Airports (LAWA).
He continues to represent the City of Los Angeles in connection with an ongoing dispute involving Ontario airport. Additionally, Mr. Cohen has also represented several California state agencies and officers, including the State Controller’s Office and the Department of Finance, in the Chapter 9 municipal bankruptcy case of the City of San Bernardino.
In 2014, Mr. Cohen was chosen by California Lawyer magazine as a recipient of its prestigious California Lawyer Attorneys of the Year (CLAY) Award for his representation of the State Controller’s Office in recovering billions of dollars in unpaid life insurance and annuity proceeds from insurance companies. He has been recognized as a Leading Individual in Chambers USA: America’s Leading Lawyers for Business since 2006. Chambers USA 2015 ranks Mr. Cohen as a leading practitioner in Bankruptcy & Restructuring, noting that he “gains plaudits from sources for his outstanding negotiation skills.” He has been ranked for the past 20 years in Best Lawyers in America for Bankruptcy and Creditor Debtor Rights, and Insolvency and Reorganization. Additionally, he was named the 2006 Bankruptcy Lawyer of the Year by the Century City Bar Association.
He is a
Mr. Cohen is actively involved with the Miracle Mile Civic Coalition and serves as the Chairman of the Model Adopt-A-Fire Station Program for the Los Angeles Fire Department. He is Chairman of the First-In Fire Foundation and has been named an Honorary Fire Chief by the LAFD. Mr. Cohen is also a Major in the California State Military Reserve, JAG Corps, and serves as Deputy Counsel — Cyber Defense for the California Military Department.
In addition, Mr. Cohen has participated in several speaking engagements, given numerous lectures and written on bankruptcy issues throughout the course of his career.