Shai Waisman is the President of Kroll Business Services, which includes Prime Clerk Restructuring, Settlement Administration, Global Corporate Actions, Lucid Issuer Services, Lucid Agency and Trustee Services, Notice Media Solutions, and Business Technology. Shai also serves on the Operating Committee of Kroll. Prior to his current role, Shai served as the Chairman of the Board and Chief Executive Officer of Prime Clerk, a business he co-founded.
He is a widely recognized expert on restructuring and bankruptcy. Before joining Prime Clerk, Shai was a partner in the Business Finance & Restructuring department of Weil, Gotshal & Manges, where he led some of the largest and most complicated restructurings in history, including Lehman Brothers, American Airlines, Global Crossing, Loral Space & Communications, Atkins, Silicon Graphics, Steve & Barry’s and many other companies. At Weil, Shai held leadership roles on the Firm Committee, Investment Committee, Hiring Committee, and Technology Committee.
Shai has written extensively on the subject of the development of American bankruptcy law, the acquisition and sale of assets of distressed companies, and current issues in the reorganization practice. He was co-editor and an author of the First and Second Editions of The Law and Practice of Restructuring in the UK and US (Oxford University Press, 2011 & 2017).
Among his many educational and charitable activities, Shai currently serves as:
- Vice Chair of the Board of Overseers of the Benjamin N. Cardozo School of Law
- Member, New York Advisory Board of Facing History & Ourselves
- Executive Committee, Lawyers Division of UJA-Federation New York
- Executive Committee, Bankruptcy & Reorganization Group of UJA-Federation New York
- Board Member, Foundation for Education in Honduras
Shai graduated from The American University and holds a J.D. from the Benjamin N. Cardozo School of Law.