Adam Prescott

ADAM is a shareholder with Bernstein, Shur, Sawyer & Nelson, P.A. and represents businesses and individuals in bankruptcy, out-of-court restructurings and other complex transactional and litigation cases, with an emphasis on chapter 11 matters. He has represented chapter 11 debtors and post-confirmation trustees in cases filed in numerous jurisdictions, including recent matters in bankruptcy courts in Maine, Massachusetts, Vermont and Delaware. His chapter 11 practice includes representing businesses in a diverse array of industries, such as health care, manufacturing, transportation, energy, real estate development, hospitality and retail, and he has represented numerous small business debtors in successfully reorganizing under the Small Business Reorganization Act of 2019 (SBRA). In addition to his chapter 11 debtor practice, he has represented secured creditors, unsecured creditors’ committees, debtor-in-possession lenders, asset-purchasers, landlords, trade vendors and other interested parties throughout all stages of chapter 11 and 7 cases, as well as litigated preference actions, fraudulent transfer lawsuits, nondischargeability proceedings, claim objections, and bankruptcy appeals at all levels. Prior to joining Bernstein Shur, he was a senior associate at WilmerHale in Washington, D.C., and he clerked for Hon. Rudolph Contreras of the U.S. District Court for the District of Columbia.

Adam is a frequent contributor to the national and local discourse regarding bankruptcy law and practice, especially recent developments under the SBRA. He has authored several articles on a variety of SBRA topics and case law developments, including in the ABI Journal, the Norton Journal of Bankruptcy Law and Practice, the Maine Bar Journal and Law360. He also has presented on the SBRA and other bankruptcy topics at ABI’s Annual Spring Meeting and Northeast Bankruptcy Conference, as well as spoken as a witness on SBRA eligibility before ABI’s Subchapter V Task Force, among numerous other national webinars and panels. In addition, he participated as a member of the 2022 class in the Next Generation program at the National Conference of Bankruptcy Judges. He has been selected in Chambers USA for Bankruptcy/Restructuring and in Super Lawyers New England.

Adam is a member of ABI and the Maine Bar Association. Within his firm, he mentors associates across multiple practice groups and has run the firm’s summer associate writing program for the past several years. He also maintains an active pro bono practice, including a recent complex, multi-year restructuring matter for a Maine and New Hampshire agricultural business.