S. Jason Teele is a Member of the Firm’s nationally recognized Creditors’ Rights/Bankruptcy Reorganization Practice Group with 25 years of experience representing clients in complex bankruptcy and insolvency matters throughout the United States. He represents issuers, secured and unsecured creditors, creditors’ committees, equity holders, boards and management teams, and purchasers of distressed assets in Chapter 11 cases, liquidations, and related litigation, guiding clients through high-stakes restructurings with a focus on maximizing recoveries and preserving enterprise value.

Mr. Teele also advises lenders and borrowers in loan workouts, out-of-court restructurings, and distressed credit situations. He counsels clients on modifications and forbearance arrangements, intercreditor issues, and enforcement strategies, including foreclosure and the exercise of secured creditor remedies under contracts, the Bankruptcy Code, and the Uniform Commercial Code (UCC). In addition, he handles commercial litigation and transactional matters and advises directors and officers regarding fiduciary duties in distressed circumstances.

His clients include public and private companies, creditors and committees, equity sponsors, venture capital and private equity funds, labor unions, pension funds, and individuals across industries such as automotive, health care, manufacturing, media and entertainment, retail, and transportation and logistics.

Practices

  • Bankruptcy, Financial Reorganization and Creditors’ Rights

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Court Admissions

  • U.S. District Court, District of New Jersey
  • U.S. District Court, Southern District of New York
  • U.S. District Court, Eastern District of New York
  • U.S. Bankruptcy Court, District of New Jersey
  • U.S. Bankruptcy Court, Southern District of New York
  • U.S. Bankruptcy Court, Eastern District of New York
  • U.S. Court of Appeals, Third Circuit

Newsroom

Presentations

Rankings and Recognition

  • Selected for inclusion in:
  • The Best Lawyers in America®* 2012-2026, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law; Litigation - Bankruptcy
  • New Jersey Super Lawyers®* 2012-2025, Bankruptcy: Business; Business/Corporate; General Litigation
  • New Jersey Law Journal®* "40 Under 40" 2011

Prior to joining Sills Cummis, Mr. Teele was part of teams recognized for their restructuring work and received the following recognitions, “Turnaround Atlas Awards – Consumer Products Restructuring of the Year” in 2019 and “Turnaround Atlas Awards – Retail Services Restructuring of the Year” in 2019 by Global M&A Network, as well as “Turnaround Awards – Restructuring Deal of the Year – $25 million to $50 million” in 2018 and “Turnaround Awards – Restructuring Deal of the Year – $100 million to $500 million” in 2013 by The M&A Advisor.

* See Award Methodology. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

Affiliations

  • Member, American Bankruptcy Institute

    — Education Co-Chair, Commercial and Regulatory Law Committee (2016-2018)

  • Member, Turnaround Management Association

  • Member, American Bar Association

  • Member, New Jersey State Bar Association

  • Member, New York State Bar Association

  • Member, Supreme Court of New Jersey District XA Ethics Committee (2025-2029)


Education

  • J.D., Seton Hall University School of Law (magna cum laude )
  • M.P.A., Seton Hall University
  • B.A., Rutgers University

Bar Admissions

  • New Jersey
  • New York