Paul Traub

Paul R. Traub (born January 31, 1952) is an American attorney who specializes in business law, specifically bankruptcy, insolvency, and trial litigation. He has participated in several large retail bankruptcies, including Kmart, FAO Schwarz, KB Toys, Stage Stores, Office Max, and eToys.com. Other clients have included Halston, Joan & David, Levitz, Bombay Company, Linens 'n Things, Zales, and Whitehall Jewelers.

Early life and education Traub was born in Brooklyn, New York. Traub earned his Bachelor of Arts degree from the University at Buffalo in 1973, followed by a Juris Doctor from the Golden Gate University School of Law in 1977. He was admitted to the New York Bar Association in 1978.

Career He is admitted to practice law before the U.S. District Court Southern, Eastern and Western Districts of New York, the Second Circuit Court of Appeals, and Eastern District of Wisconsin.

Following Dreiers 2008 arrest for an alleged $700 million promissory-note fraud, Traub and the rest of the bankruptcy team resigned and re-stablished Traub, Bonacquist & Fox. In February, 2009, Epstein, Becker & Green, a firm specializing in government contracts, brought the seven-member Traub/Dreier bankruptcy team into their New York office.

Traub represented the creditors in eToys.com bankruptcy. The dotcom company filed for chapter 11 protection toward the end of the Internet bubble on March 7, 2001. The Office for United States Trustee accused him and his New York law firm of a conflict of interest, non-disclosure, and employing non "arms length" key personnel, because of his business partnership with Barry Gold. In April, 2001, Traub founded Asset Disposition Advisors, LLC ( "ADA"), a Delaware liquidation company, with Gold, located at his Manhattan law office.

Traub also appointed Gold CEO of eToys.com one month after forming ADA, while Gold had been receiving paychecks from Traub's lawfirm.