Overview
Overview
Eric Novetsky is the chair of our Finance practice group. He also leads our Small Business Administration and Government-Backed Lending practice, and is a member of our Insolvency & Reorganization practice group. He specializes in the representation of lenders and borrowers in non-traditional commercial loan transactions, including bridge, government-backed and asset-based financing, as well as the representation of creditors, creditors’ committees, and corporate debtors in bankruptcy proceedings. Incorporating an extensive background in supply chain management and automotive manufacturing, Eric also works with clients to negotiate and document supply/purchase/customer contracts and to identify and resolve issues arising within customer/supplier agreements and relationships.
Prior to joining Jaffe, Eric specialized in procurement, international logistics, foreign trade, customs, and materials management at DaimlerChrysler, Eaton Corporation, and John Deere.
Education & Admissions
Education & Admissions
Education
- Wayne State University Law School
J.D., cum laude
Order of the Coif - University of Michigan, Dearborn
MBA - Michigan State University
B.A. in Supply Chain Management
Bar Admission
- Michigan
Court Admissions
- State of Michigan
- U.S. District Court for the Eastern District of Michigan
- U.S. District Court for the Western District of Michigan
- U.S. Court of Appeals for the Sixth Circuit
Affiliations
Affiliations
- Turnaround Management Association, Board of Directors (Michigan Chapter), 2016—present
- Credit Abuse Resistance Education, Co-chair, Detroit Michigan Chapter
- State Bar of Michigan, Member
- American Bankruptcy Institute, Member
- Federal Bar Association, Member
- Turnaround Management Association NextGen, Founding Member of Board of Directors, 2013—2016
- Previous employment specializing in the fields of procurement, international logistics, foreign trade, customs and materials management at DaimlerChrysler, Eaton Corporation and John Deere, 1999—2006
News
News
March 17, 2021
Restaurant Revitalization Fund Grant Program
December 31, 2020
COVID – 19 Consolidated Appropriations Act of 2021
November 5, 2020
Enhanced Scrutiny for +$2 Million PPP Loans
October 23, 2020
Michigan’s New Receivership Act
Publications
- “The Absolute Priority Rule as an Absolute Rule: The Rejection of Secured Creditor ‘Gifting’ Under a Chapter 11 Plan of Reorganization,” Commercial Law League of America, Bankruptcy Law Section Newsletter, October 2011
- “Second Circuit Holds that Section 502(d) Does Not Apply to Administrative Expense Claims Under Section 503(b)(9) of the Bankruptcy Code,” Commercial Law League of America, Bankruptcy Law Section Newsletter, 2009
- “Fifth Circuit Holds that Courts Should Consider Counsel’s Lack of Involvement With Party in Ruling on Disqualification Due to Imputed Conflict,” American Bankruptcy Institute, Ethics Committee, 2009