Ilana Volkov

Partner

Ilana has over 30 years of experience representing debtors, unsecured creditors' committees, trustees, pre-petition and DIP lenders, purchasers of assets, commercial landlords, contract parties, officers and directors, and other parties-in-interest in all aspects of complex business reorganizations, distressed M&A transactions, state insolvency proceedings, and bankruptcy litigation. Ilana also has extensive experience in cross-border insolvency proceedings.

During her career, Ilana has lectured and published articles on various aspects of bankruptcy law, served in leadership roles in various organizations, and received numerous awards and recognitions. She is the recipient of the 2016 IWIRC-NJ Network Woman of the Year Award, and has been selected for inclusion in Chambers USA®, Super Lawyers® for 2005, 2006, and 2008-2022, Bergen Magazine Best Lawyers® and Best Lawyers Business Edition: Women in the Law, Lawdragon 500 Leading U.S. Bankruptcy & Restructuring Lawyer, and Top Women Attorneys in the New York Metro Area 2023. Additionally, Ilana has been recognized in the 2025 edition of The Best Lawyers in America® for her work in Bankruptcy & Creditor Debtor Rights, Insolvency & Reorganization Law, and Bankruptcy Litigation.

Experience

1993-2019: Cole Schotz P.C., New York and New Jersey.
1991-1993: Sills Cummis & Gross P.C., New Jersey.
January-May 1990: Intern for the Honorable Calvin K. Ashland, United States Bankruptcy Judge for the Central District of California and Judge for the United States Court of Appeals for the Ninth Circuit, Bankruptcy Appellate Panel.

Education

University of California at Los Angeles School of Law: J.D., 1991
Columbia College, Columbia University: B.A., 1988

Admissions & Associations

United States District Court for the Southern District of New York
United States District Court for the Eastern District of New York
United States District Court for the District of New Jersey
Member in Good Standing of the Bars of the States of New York and New Jersey
American Bankruptcy Institute
International Women’s Insolvency and Restructuring Confederation
New York City Bar Association, Committee on Bankruptcy and Corporate Reorganization

No aspect of this advertisement has been approved by the Supreme Court of New Jersey.