Photo of William B. Finkelstein

William B. Finkelstein Senior Counsel

Areas of Practice

Bar Admissions

  • Texas

Court Admissions

  • U.S. Supreme Court
  • U.S. Court of Appeals, 11th Circuit
  • U.S. Court of Appeals, 5th Circuit
  • U.S. Court of Appeals, 10th Circuit
  • U.S. Court of Appeals, Eastern District of Texas
  • U.S. District Court, Northern District of Texas
  • U.S. District Court, Southern District of Texas
  • U.S. District Court, Western District of Texas


Baylor Law School, J.D., cum laude

  • Baylor Law Review

University of Texas, B.A.

William B. Finkelstein is a Senior Counsel in the Corporate Finance and Bankruptcy Practice Groups and a former Office Managing Member in Dykema Cox Smith's Dallas office. His nearly 40-year practice is concentrated on providing general business and strategic advice to clients in a broad spectrum of industries, including manufacturing, metals recycling, jewelry, retail, medical-dental equipment and real estate. He has also represented companies, investors and financial institutions in various commercial litigation, restructuring and insolvency matters.

In addition to providing general business advice, Mr. Finkelstein’s practical experience includes counseling clients on commercial transactions, acquisitions and minimizing insolvency risks in structuring transactions, representing clients in acquisitions of businesses and assets from troubled companies, and representing official committees in bankruptcy cases. He has also represented lenders, exporters and importers and technology-based firms in a wide variety of commercial litigation and insolvency matters.

Prior to joining Dykema, Mr. Finkelstein was a partner at an AmLaw 25 firm in Dallas. Previously, he served as a law clerk for the Honorable Thomas M. Reavly, Associate Justice of the Supreme Court of Texas.

Mr. Finkelstein received a J.D., cum laude, graduating second in his class, from Baylor Law School. He received his B.A. from The University of Texas. 


  • Business and strategic counsel to business
  • Business reorganization and bankruptcy
  • Commercial litigation
  • Asset acquisitions
  • Representation of purchasers in a $100 million acquisition and contemporaneous master lease of 91 convenience stores, including related branding, marketing and  master fuel supply agreements.
  • Counsel to family-owned recycling company, operating in six facilities in connection with sale of shares of business to European entity.
  • Representation of metals industry client in connection with various land use/zoning matters.
  • Counsel to successful bidders in bankruptcy auctions to acquire the rights to conduct store closing sales at over 200 Bombay® store locations and to purchase intellectual property rights.
  • Counsel to successful bidders in auction in Bankruptcy Court in Oklahoma to acquire the rights to conduct store closing sales at over 50 Harold's® store locations and distribution center.
  • Out-of-court restructuring on behalf of Ericsson Credit A.B., as senior secured financier, in $800 million financing and capital restructuring of Diveo Broadband Networks, Inc. and its subsidiaries in Argentina, Brazil, Columbia, Mexico, Panama, Peru and Uruguay.
  • Counsel to Worldspan, L.P. in connection with post-petition provision of services and sale of interests in and assumption and assignment of agreements with Worldspan to subsidiary of American airlines in In re: TWA, Inc. (D. Del.); and in connection with executory contracts with, and investments in online travel companies in In re: Bye Bye Now (M.D. Fla.).
  • Counsel to Ericsson Inc., as senior secured creditor and debtor in possession lender, in In re: Airadigm Communications, Inc. (N.D. Wisc.) and as senior secured creditor in In re: National Global Telecommunications, Inc. (D. Del.).
  • Assisted technology providers and outsourcers in major Chapter 11 reorganizations and restructuring matters. These matters have involved a variety of issues, including information technology, executory contracts, equitable subordination, and sale of assets. These cases include In re: U.S. Airways, Inc. (E.D. Va.), In re: Adelphia Communications Corp. (S.D.N.Y.), In re: National Steel Corp. (N.D. Ill.), In re: SpectraVision, Inc. (D. Del.), In re: Eastern Airlines, Inc. (S.D.N.Y.), In re: System One Holdings, Inc. (Continental Airlines subsidiary) (D. Del.), In re: ANC (D. Del.), In re: Enron (S.D.N.Y.), In re: First City Bancorporation (N.D. Tex.), and In re: First City Bank Houston (FDIC Receivership).
  • Representation of commercial banks, asset based lenders, equipment lessors and credit insurance companies in numerous debtor-in-possession financings and bankruptcy and workout matters, such as De Lage Landen, Fleet Credit Corporation, Rabobank Nederland, N.A., BancBoston Retail Finance, Inc., Transamerica Consumer Receivables Finance, Inc., NorthPark National Bank, GBFC, Inc., The First National Bank of Boston, G.E. Capital Corp., Westinghouse Credit Corporation, and Compania Mexicana de Seguros de Credito, S.A.
  • Representation of numerous real estate lenders in workouts, litigation and bankruptcies, including counsel to Bank One in connection with litigation and negotiations of agreements for deeds in lieu of foreclosure and settlements with guarantors involving $70 million in secured facilities, and counsel to Reilly Mortgage in connection with state court receiverships for properties securing loans exceeding $75 million.
  • Acquisition of operating assets on behalf of buyers in In re: Amre, Inc. (N.D. Tex.), In re: LayerOne, Inc. (N.D. Tex.), In re: PCS, Inc. (N.D. Tex.), In re: Athletic Training Equipment Corp. (D. Nev.), In re: INSpire Insurance (N.D. Tex.), In re: Genesis Airport Support, Inc. (N.D. Tex.), and In re: Grandy's Inc. (C.D. Calif.).
  • Counsel to Official Committee of Equity Security Holders in In re: Gadzooks, Inc. (N.D. Tex.); Official Committee of Unsecured Creditors in In re: ERLY Industries, Inc. (S.D. Tex.) and counsel to limited partnership created under plan to prosecute claims in behalf of creditors; Ad Hoc Committee of Creditors of JBA Management, Inc., the jewelry subsidiary of Ames in In re: Ames Department Stores, Inc. (S.D.N.Y.); Official Committee of Unsecured Creditors in In re: Harbor Financial Group, Inc. (N.D. Tex.); Official Physicians' Committee in In re: Physicians Resource Group, Inc. (N.D. Tex.); Official Committee of Trade Creditors in In re: Zale Corporation (N.D. Tex.) in connection with consignment claims, trade financing and inventory issues.
  • Litigation and bankruptcy counsel to owner of trademarks and other intellectual property rights in In re: Carlos Falchi (S.D.N.Y.).
  • Counsel to developer interests in connection with real estate, zoning and highway development issues in In re: Hunt (N.D. Tex.), including representation of developer in Chapter 9 municipal reorganization in In re: Town of Westlake (N.D. Tex.).
  • Counsel to numerous Mexican food, garment and machinery and parts exporters; and Belgian and Israeli diamond exporters in connection with sales in the United States.
  • Representation of bidding parties in "store closing auctions and lease designation rights" auctions in In re: Brook Mays (N.D. Tex.); In re: Americana Foods (N.D. Tex.); In re: Sofa Express, Inc. (M.D. Tenn.).
  • Co-representation of subordinated debt holders in contested valuation hearings in In re: Mirant (N.D. Tex.).

Memberships & Involvement

American Bar Association, Business Law and Business Bankruptcy Sections

American Bankruptcy Institute

Association of Commercial Finance Attorneys

John C. Ford Inn of Court, Master

Community/Civic Activities

  • Jewish Federation of Greater Dallas, Annual Campaign Co-chair, 2007-2009; Board of Directors, 2010-present
  • Mason (including Scottish Rite & Shrine)
  • Mt. Zion United Jewish Cemetery, President
  • UJA Young Leadership Cabinet, 1986-1990

Recipient of the Helebn Gross Leadership Award, Jewish Federation of Greater Dallas, June, 2016

The Best Lawyers in America® for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2012-Present. Copyright 2015 by Woodward/White, Inc., Aiken, SC

Named Cardozo Society Member of the Year by The Jewish Federation of Greater Dallas, 2012

Recognized by DMagazine as a Best Lawyer for Bankruptcy and Workout, 2006, 2008-2009, 2011-2012 and 2014-2016

Recognized in Texas Super Lawyers® for Bankruptcy & Creditor/Debtor Rights, Mergers & Acquisitions, 2003-Present

Named Outstanding Member of the Cardozo Society of the Jewish Federation of Greater Dallas, 2010

Recipient of an AV® Preeminent™ Rating by Martindale-Hubbell