Clay B. Roberts

Associate, Miami



Clay Roberts is an associate in the Firm's Financial Restructuring and Insolvency Practice. He has experience in domestic and international restructuring matters, representing debtors, creditors, and other parties in interest, both in and out-of-court. Clay also has substantial experience litigating insolvency-related disputes.

Clay is the Co-Chair for the Chapter 11 Subcommittee in the American Bar Association's Business Law Section. He also frequently writes articles on restructuring and bankruptcy issues.

Prior to joining White & Case, Clay served as law clerk to the Honorable Laurel M. Isicoff, Chief Judge for the United States Bankruptcy Court for the Southern District of Florida.

Bars and Courts
Florida State Bar
US District Court for the Southern District of Florida
US District Court for the Middle District of Florida
US District Court for the Northern District of Florida
Georgia State University
College of Law
Business Economics
Georgia State University


Acosta, Inc.
Representation of an ad hoc group of crossover lenders and bondholders in the prepackaged chapter 11 restructuring of Acosta, Inc., a leading sales and marketing company.

Affinion Group Holdings, Inc.
Representation of a group of noteholders in the out-of-court restructuring of Affinion Group Holdings, Inc., a customer engagement and loyalty marketing company.

iHeartMedia, Inc.
Representation of the indenture trustee for unsecured legacy notes in the chapter 11 restructuring of iHeartMedia, Inc., a leading media and entertainment company.

Claire's Stores, Inc.
Representation of the largest holder of second lien notes in the chapter 11 restructuring of Claire's Stores, Inc., a global specialty retailer of products for young women and children.

Speaking Engagements

Moderator, March 28, 2019, Retail Bankruptcies From the Outside Looking In, ABA Business Law Section Spring Meeting, Vancouver, BC

Moderator, October 9, 2017, Who's My Client?: The Practice and Ethics of Third Party Financing in Bankruptcy, National Conference of Bankruptcy Judges, Las Vegas, NV


Stripping Down and Stripping Off in Chapter 11 and Chapter 13: Does Caulkett Change the Calculus?, Norton Journal of Bankruptcy Law & Practice Vol. 26, Issue 2 (April 2017).

Will the Supreme Court Disapprove of Class Skipping Structured Dismissals in Jevic?, ABA Business Bankruptcy Committee Newsletter (Feb. 2017).

Contributing Author, Bankruptcy and Intellectual Property Deskbook, ABA Publishing (2016).

Co-Author, Worth the Risk? Eleventh Circuit Holds Petitioning Creditors Liable for Broad Categories of Fees if Involuntary Petition is Dismissed, BBA JOURNAL (May 2016).

Creditors Beware: Bankruptcy Code Permits Broad Recovery of Attorney's Fees After Dismissal of Involuntary Petition, 35-APR AM. BANKR. INST. J. 48 (April 2016).

Using § 707(b): Tale in Futility or Proper Means to Dismiss Cases Converted to Chapter 7?, BBA JOURNAL (May 2015).

The Moving Target of Executoriness: Examining Lewis Brothers Bakeries v. Interstate Brands Corp., 33-AUG AM. BANKR. INST. J. 56 (August 2014).

Awards and Recognition

Best Lawyers in America: Ones to Watch, 2021