Derek C. Abbott

Partner

(302) 351-9357 T
(302) 425-4664 F

Recipient of the Caleb R. Layton III Service Award, given to an attorney who personifies the qualities of a federal practitioner: legal acumen, professional decorum, and public service.

Derek is a member of the Business Reorganization & Restructuring Group—regarded by the Daily Bankruptcy Review as among the nation’s most prolific. He represents Fortune 1000, local, international and other organizations as lead or Delaware counsel in bankruptcy proceedings and litigation on behalf of debtors, creditors, official and ad hoc committees and transactional case constituents. Derek regularly works with outside and inside counsel, turnaround professionals, crisis management firms, investment and non-investment bank professionals, and DIP and exit financing lenders. His recent client representations include Nortel Networks, Overseas Shipholding Group, Delta Petroleum, Johnson Controls, AT&T, FKF Madison Group Owner, LLC, Lillian Vernon Corporation, Hancock Fabrics, Hollinger, Inc. and Nobex Corporation.

Derek is a graduate of the United States Military Academy at West Point, receiving a B.S. in 1987. He has made the honor, leadership, and discipline that are the hallmarks of that institution the cornerstones of his professional career. In 2011, he was the recipient of the Caleb R. Layton III Service Award, given by the judges of the United States District and Bankruptcy Courts for the District of Delaware to an attorney who personifies the qualities of a federal practitioner: legal acumen, professional decorum, and public service. Derek’s Delaware community activities are frequent and diverse ranging from assisting the Delaware Legal Services Community with fundraising activities, to serving as legal counsel for a variety of indigent clients through Delaware Volunteer Legal Services. He chairs the Morris Nichols pro bono committee and sits on the Firm’s recruiting committee.

He frequently presents before national and Delaware bar associations, bankruptcy organizations and other business and professional audiences. His client and peer recommendations are numerous and have resulted in his recognition by Chambers USA: Guide to America’s Leading Lawyers for Business, The Best Lawyers in America, and his selection for inclusion in Delaware Super Lawyers.

 

Professional Activities

  • American Bankruptcy Institute
  • American Bar Association (Business Law Section, Committee on Business Bankruptcy; Litigation Section)
  • Delaware State Bar Association (Bankruptcy Section, Chapter 11 Committee; Co-chair, Pro Bono Committee; Veterans Committee)
  • Turnaround Management Association

Community Activities

  • New Castle County for Combined Campaign for Justice (Co-Chair)

Representative Matters

  • Represented CBS/King World, a major television network and syndication business in connection with Pappas Telecasting bankruptcies.
  • Represented Hollinger, Inc. when they filed first Chapter 15 proceedings in Delaware.
  • Litigated the first motion for Nobex Corporation regarding post-petition employee incentive compensation plans after adoption of the 2005 Amendments and the new 503(c) provisions of the Bankruptcy Code.
  • Represented Pope & Talbot in bankruptcy proceedings.

News

30 Morris Nichols Attorneys Listed in The Best Lawyers in America® 2016

Wilmington, DE (August 17, 2015) – Thirty attorneys from Morris, Nichols, Arsht & Tunnell LLP were selected for inclusion in the 2016 edition of The Best Lawyers in America®. The results are based on peer-review evaluations from more than 79,000 eligible attorneys. Jack B. Blumenfeld was named the Best Lawyers® 2016... Continue Reading

Chambers USA 2015 Ranks 23 Morris Nichols Attorneys and 4 Practice Groups Among the Best in Delaware

Wilmington, DE (May 19, 2015) – The 2015 edition of Chambers USA: America’s Leading Lawyers for Business ranked Morris, Nichols, Arsht & Tunnell LLP as a Band 1 law firm in the Delaware categories for Bankruptcy/Restructuring, Chancery, Corporate M&A & Alternative Entities, and Intellectual Property. Twenty-three... Continue Reading

16 Morris Nichols Attorneys Selected for Inclusion in 2015 Delaware Super Lawyers

Wilmington, DE (May 15, 2015) – Sixteen Morris Nichols attorneys have been selected for inclusion to the 2015 Delaware Super Lawyers.  Jack B. Blumenfeld was named to the “Top 10” list for Delaware.  In addition, attorneys Eric S. Klinger-Wilensky, Curtis S. Miller and Matthew R. Clark were recognized as 2015... Continue Reading

28 Morris Nichols Attorneys Listed in The Best Lawyers in America® 2015

Wilmington, DE (August 18, 2014) – Twenty-eight attorneys from Morris, Nichols, Arsht & Tunnell were selected for inclusion in the 2015 edition of The Best Lawyers in America®. The results are based on peer-review evaluations from more than 50,000 attorneys. Two partners received special recognition as 2015 Delaware Lawyer of the... Continue Reading

Who's Who Legal: Insolvency & Restructuring 2014 Names Morris Nichols Attorneys

Wilmington, DE (July 1, 2014) – Morris, Nichols, Arsht & Tunnell partners Derek C. Abbott and Robert J. Dehney have been recognized in the Who’s Who Legal: Insolvency & Restructuring 2014. Through client and peer research, the independent guide evaluates hundreds of attorneys worldwide to identify leaders in the field. As... Continue Reading

17 Morris Nichols Attorneys Selected For Inclusion in Super Lawyers- Delaware Edition 2014

Wilmington, DE (May 19, 2014) – 17 Morris Nichols attorneys have been selected for inclusion in Super Lawyers - Delaware Edition 2013. Jack Blumenfeld and A. Gilchrist Sparks, III, were named to the Best of the Best Top 10 Delaware Super Lawyers list. In addition, attorneys Eric Klinger-Wilensky and Curtis Miller were recognized as 2014... Continue Reading

Chambers USA 2014 Names 21 Morris Nichols Attorneys and 4 Practice Groups as Best in Delaware

Wilmington, DE (May 23, 2014) – The 2014 edition of Chambers USA: America’s Leading Lawyers for Business today ranked twenty-one Morris Nichols’ attorneys and four practice groups as best in Delaware.  Chambers annually conducts in-depth interviews of commercial users of legal services to assess the strengths and reputations... Continue Reading

2014 Chambers USA Directory Ranks 21 Morris Nichols Attorneys as 'Leaders in their Field"

Wilmington, DE (March, 2014) – The Firm congratulates its 21 attorneys who will be included in the 2014 Chambers USA “Leaders in their Field” legal directory by Chambers & Partners. Several practices and lawyers are recognized in more than one area. Delaware A Gilchrist Sparks III, Chancery & Corporate /M&A Derek... Continue Reading

Morris Nichols Attorneys Named to 2014 Best Lawyers in America - 60 Practice Specialty Selections; 22 Top-Listed Practice areas; 5 Delaware Lawyers of the Year

Wilmington, DE (August 21, 2013) – Morris Nichols is pleased to announce that two thirds of the firm's partnership have been selected for inclusion in the 2014 edition of The Best Lawyers in America.  The firm was noted for 60 individual specialty selections, 22 "Top-Listed" practice specialties, and five individual 2014 Delaware Lawyers... Continue Reading

22 Morris Nichols Attorneys Selected for Inclusion in Super Lawyers - Delaware Edition 2013

Wilmington, DE (May 23, 2013) – 22 Morris Nichols attorneys have been selected for inclusion in Super Lawyers - Delaware Edition 2013.  Rick Alexander and A. Gilchrist Sparks, III, were named to the Best of the Best Top 10 Delaware Super Lawyers list. Super Lawyers is a rating service of outstanding lawyers from more than 70 practice... Continue Reading

Chambers USA 2013 Names 17 Morris Nichols Attorneys and 4 Practice Groups as Best In Delaware

Wilmington, DE (May 24, 2013) – The 2013 edition of Chambers USA: America’s Leading Lawyers for Business today ranked seventeen Morris Nichols’ attorneys and four practice groups as best in Delaware.  Chambers annually conducts in-depth interviews of commercial users of legal services to assess the strengths and reputations... Continue Reading

28 Morris Nichols Attorneys Named to The Best Lawyers in America 2013

Wilmington, DE (August 31, 2012) – 28 Morris Nichols attorneys have been named to The Best Lawyers in America 2013 in twenty two practice areas. Morris Nichols lawyers were selected for outstanding reputations and distinguished work in their practice areas based on a confidential peer-review survey of the top attorneys in the country,... Continue Reading

18 Morris Nichols Attorneys Selected for Inclusion in Super Lawyers - Delaware Edition 2009

Wilmington, DE – June 3, 2009 – Super Lawyers® magazine has named 18 Morris Nichols attorneys as top legal counsel in Delaware for 2009, three more than were listed in 2008. The selections for Super Lawyers are made by Law & Politics who undertakes a rigorous selection process that includes a statewide survey of lawyers,... Continue Reading

Chambers USA 2009 Names 20 Morris Nichols Attorneys and Five Practice Groups as Best in Delaware

Wilmington, DE – June 12, 2009 – The 2009 edition of Chambers USA:  America’s Leading Lawyers for Business today ranked twenty Morris Nichols’ attorneys and five practice groups as best in Delaware. Chambers annually conducts in-depth interviews of commercial users of legal services to assess the strengths and... Continue Reading

Derek Abbott Quoted in Bloomberg on Tribune Co's Proposed Sale of Chicago Cubs

Wilmington, DE – March 9, 2009 – Morris Nichols’ business reorganization and restructuring partner Derek Abbott was quoted by Bloomberg media in an article about the Tribune Company’s proposed sale of the Chicago Cubs. Tribune, the Chicago-based owner of the Los Angeles Times and the Chicago Tribune, filed for bankruptcy on... Continue Reading

Presentations & Publications