Miami Ohio University Athletics
Mitch Sonkin Biography
1/28/2015 12:00:00 AM | General
Mitch Sonkin currently serves as Senior Advisor to MBIA, Inc. Prior to his role as an advisor, he served as Executive Vice President and Chief Portfolio Officer for the company. In his capacity as Chief Portfolio Officer, Sonkin was responsible for the oversight of MBIA’s $778 billion global portfolio of insured municipal, corporate and structured finance credits, including all workout, restructuring and litigation related remediation activities. He was also a member of the Board of MBIA Insurance Corporation and Capital Markets Assurance Corporation. Prior to this position, Sonkin was Managing Director and Head of the Insured Portfolio Management Division. Mr. Sonkin also serves on the Board of the ResCap Liquidating Trust,a former unit of Ally Financial.
Sonkin was formerly senior partner and co-chair of the Financial Restructuring Department at the Wall Street law firm of Cadwalader, Wickersham & Taft and a member of its Management Committee. Before joining MBIA in 2004, Sonkin was a senior partner at the international law firm, King & Spalding, where he was co-chair of King & Spalding’s Financial Restructuring Group and a member of the firm’s Policy Committee. Prior to joining King & Spalding, He has over 30 years of experience in U.S. and international workouts and restructurings, corporate reorganization and insolvency matters, and has served as a court appointed examiner. Sonkin has played a significant role in complex structured finance, corporate, infrastructure, utility, healthcare and insurance company reorganizations and served as chief counsel in the rehabilitations of Mutual Benefit Life and Confederation Life Insurance (U.S.).
Sonkin has lectured and served on panels on such topics as distressed debt trading, utility restructurings and life insurance company reorganizations. He is a cum laude graduate of the Temple University College of Liberal Arts where he earned a bachelor's degree in political science and currently serves on the Board of Visitors. He received his J.D. from the Syracuse University College of Law where he is a member of the Board of Advisors and its Executive Committee. A member of the Bar of the State of New York, Sonkin is also admitted to practice before the U.S. Supreme Court.
