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Monique D. Almy

Phone: +1 202.624.2935
1001 Pennsylvania Avenue NW
Washington, DC 20004

Monique Almy is a partner with Crowell & Moring and resident in the firm's Washington, D.C. office. She is on the steering committee for the firm's Corporate Group and is also a member of the Bankruptcy and Financial Services groups, providing practical insight and creative problem-solving for a wide range of clients.

Monique's practice focuses primarily on corporate bankruptcy, restructuring, and other insolvency-related matters, with an emphasis on creditors' rights. She has practiced in the area of bankruptcy and creditors' rights for more than 25 years and has extensive experience in the representation of lender syndicates, institutional investors, financial institutions, and other parties in bankruptcy cases, out-of-court workouts, enforcement of remedies, and related litigation. In her practice, Monique regularly represents secured and unsecured creditors, debtors, lessors and committees in bankruptcy cases throughout the country. She also has experience representing court-appointed fiduciaries.

During the past 25 years, Monique has become an established and recognized leader in her practice area. She is a results-oriented practitioner with a strong business background and has worked with clients across several industries, including financial institutions, privacy and cybersecurity, transportation, aerospace and defense, health care, hospitality and leisure, and retail. Monique's unique blend of experience and practicality allows her to find innovative solutions for clients. Monique is able to understand the complexity of the transaction, as well as the needs of all the parties so she can construct a strategy for success. She has handled matters across the country, coordinated with local counsel as appropriate, and has handled multi-district litigation.

Monique also has extensive real estate experience in the retail and mixed-use industries, including representing shopping center developers in development projects; representing lenders and investors involved in retail companies and development projects; represented landlord and tenants in retail leasing; representing retail clients in mergers and acquisitions.

Monique has served as a member of the Panel of Bankruptcy Trustees of the U.S. Bankruptcy Court for the District of Maryland since 1997. She also speaks at bankruptcy-related continuing legal education programs and conducts seminars for commercial lenders and other financial institutions. Monique has been recognized as a leading bankruptcy lawyer in Washington, D.C. by Chambers USA since 2014, where clients report she is "valued for her experience and judgement." Monique has also been recognized in the 2020 Lawdragon list of "500 Leading U.S. Bankruptcy and Restructuring Lawyers;" The Best Lawyers in America list for Bankruptcy and Creditors' Rights Law; selected for inclusion in the list of Maryland Super Lawyers (a publication of Law & Politics); as well as being recommended by The Washingtonian in the December 2020 issue under the heading “Bankruptcy—Creditors and Debtors Turn to These Lawyers.”

In 2019, Forbes created its inaugural “America’s Top Corporate Law Firms” list and worked with the market research firm Statistica to conduct an online survey of lawyers both at law firms and GCs. Self-recommendations were not considered, and law firms that received the most recommendations were included on the list. When a firm received a higher number of recommendations than average for a particular legal practice area, it was given a “most recommended for” designation. Crowell & Moring has been recommended in the practice area of Bankruptcy.

Representative Engagements

  • Medical Device Litigation
    Appointed as the Trustee for BioniCare, which manufactured and sold devices featuring a unique technology for pain relief. After months of difficult negotiations, the court approved a multi-million dollar sale and unique settlement structure based on the pre-bankruptcy debt documents. In re BioniCare Medical Technologies, Inc., No. 07-16902 (Bankr. D. Md.).

  • Trustee Litigation
    Appointed as the Trustee for Insurance Payment Plan after litigation over an involuntary bankruptcy petition and related state court insurance receivership proceedings. In re Insurance Payment Plan, Inc., No. 12-28460 (Bankr. D. Md.).

  • Canadian Insolvency Proceeding
    Served as lead counsel for Alsalam Aircraft Company in dealing with international issues arising in connection with the Aveos insolvency proceedings in Canada. In re Aveos Fleet Performance Inc., No. 500-11-042345-120 (Superior Court, Province of Quebec, District of Montreal).

  • Recovery of Stolen Funds
    Served as lead counsel for FNC Title Services, LLC in investigating a matter of hacking from a foreign entity and the recovery of lost funds. Due to quick action and assistance from the Crowell & Moring team, 100 percent of the missing funds were recovered.

  • Multi-District Representation
    Served as special counsel to debtors national bankruptcy proceedings for several matters, including guidance and counseling on a variety of insolvency and bankruptcy issues, participating in and coordinating negotiations and litigation (both inside and outside of bankruptcy court) with primary bankruptcy counsel, and counseling on multi-district and cross border issues. In re Nortel Networks, Inc., No. 09-10138 (Bankr. D.Del.); In re Tribune Company, No. 08-13141 (Bankr. D.Del.); In re Eastman Kodak Company, No. 12-10202 (Bankr. S.D.N.Y.)

  • Fiduciary Representation
    Appointed as Chapter 7 Trustee for a government contractor that refurbished aircraft and served as lead counsel during the auction process and resulting settlement. In re Aerospace Manufacturing, No. 08-15901 (Bankr. D. Md.).

  • Preference Defense
    Represented Hitachi in defending a preference action in which the demand was more than $700,000. This matter was more complex than most due to the nature of the relationships between Hitachi and the various MPC entities, which pre-dated the various acquisition/spin-off transactions by Micron and Gateway. In re MPC Computers, LLC, et al., No. 08-12667 (Liquidating Trustee v. Hitachi Data Systems Corp., Adv. Pro. 10-54505) (Bankr. Del.)

  • DIP Lender Representation
    Represented the lead pre-petition and DIP lender and agent of a billion dollar, syndicated credit facility to a major business in the airline industry. In re US Airways Inc.

    Represented the lead pre-petition and DIP lender and agent of a several hundred million dollar syndicated credit facility to a group of debtors that provide national rail system services. In re Railworks Corporation.

    Represented the lead pre-petition and DIP lender and agent of a multi-million dollar, syndicated credit facility to a group of debtors that provide metal processing services. In re Lombard Acquisitions, LLC. 

  • Real Estate Representation
    Shopping centers and retail development projects.

    Disposition and financing of distressed loan portfolios (both REO and non-REO assets, as well as single asset loans on trophy properties), and bankruptcy sales and debtor-in-possession financing.

    Commercial leasing transactions, including ground leases, space leases, net leases and other tax advantaged leases.

    Structured finance and securitizations; representing various entrepreneurial clients in connection with their diversification, expansion, credit enhancement and joint venture/strategic alliance work.


  • University of Delaware, B.A. (1984) honors program
  • University of Baltimore School of Law, J.D. (1987) cum laude
    managing editor, Law Review


Admitted to practice: District of Columbia, Court of Appeals of Maryland, U.S. Bankruptcy Court for the District of Maryland, U.S. District Court for the District of Columbia, U.S. District Court for the District of Maryland

American Bankruptcy Institute, Bankruptcy Bar Association, Maryland State Bar

View More

"Venue Reform May Be Gaining Momentum," Crowell & Moring’s Restructuring Matters (September 29, 2021). Authors: Frederick (Rick) Hyman and Monique D. Almy.
DOJ Program’s Bankruptcy Fee Hike Unconstitutional: 2d Cir. Bloomberg Law (May 24, 2021)
Media Mentions
Chambers USA 2021 Ranks 63 Crowell & Moring Lawyers and 30 Practice Areas Among Best in U.S. (May.20.2021)
Firm News / Announcement
New Restaurant Relief Fund Threatens To Stiff Bankrupt Companies Bloomberg Law (May 18, 2021)
Media Mentions
"In the Wake of COVID-19: Protective Actions The Retail Tenant Should Take When Faced With A Landlord’s Bankruptcy," Journal of Bankruptcy Law (November 2020). Authors: Monique D. Almy, Gregory D. Call, Thomas F. Koegel, and Randall L. Hagen.
"In the Wake of COVID-19: Protective Actions the Retail Tenant Should Take When Faced with a Landlord’s Bankruptcy," Corporate Alert (June 23, 2020). Contacts: Monique D. Almy, Gregory D. Call, Thomas F. Koegel, Randall L. Hagen
Client Alert / Newsletter
"Considerations For Lenders During And After COVID-19," Westlaw (June 6, 2020). Authors: Monique D. Almy, Randall L. Hagen, Scott Lessne, and Mark S. Lichtenstein.
Corporate Bankruptcies Delayed Until Virus Carnage Sorted Out Bloomberg Law (May 11, 2020)
Media Mentions
"Guidance for the Federal Contractor in Dealing with a Financially-Distressed Subcontractor During and After the COVID-19 Pandemic," Corporate Alert (April 28, 2020). Contacts: Monique D. Almy, J. Chris Haile, Randall L. Hagen
Client Alert / Newsletter
Chambers USA 2020 Ranks 53 Crowell & Moring Lawyers and 21 Practice Areas Among Best in U.S. (Apr.23.2020)
Firm News / Announcement

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Crowell & Moring LLP is an international law firm with offices in the United States, Europe, MENA, and Asia that represents clients in litigation and arbitration, regulatory and policy, and transactional and corporate matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation and government-facing matters, as well as its ongoing commitment to pro bono service and diversity, equity, and inclusion.

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