Nickolas Karavolas

Partner New York City

A commercial banking, financial restructuring and creditors’ rights lawyer for over a decade, Nickolas primarily focuses his practice on representation of secured and unsecured creditors in various financial workout and restructuring matters.

Nickolas has experience representing indenture trustees and committees, routinely handling various in-court and out-of-court financial restructurings. He has experience in secured and asset-based financings as well as real estate commercial transactions. In addition, Nickolas has experience representing different parties in complex commercial litigation matters.


Honors & Awards

  • Named New York Metro Super Lawyers® Rising Star, 2017-2021
  • New York City Bankruptcy Assistance Project Dedicated Volunteer Award Recipient, 2010-2011, 2014
  • Honoree of the New York State Bar Association Empire State Counsel® Program for Pro Bono Work, 2014

Education & Admissions

  • Hofstra University School of Law, J.D. magna cum laude, 2009
  • Fordham University, B.S., summa cum laude, 2003
Admitted to Practice
  • New York
  • U.S. District Court, Eastern, Northern, Southern and Western Districts of New York
  • U.S. Bankruptcy Court, Eastern, Northern, Southern and Western Districts of New York
  • U.S. Court of Appeals, Second Circuit

Speaking Engagements

View All
  • Speaker, “How to Navigate Law School and Legal Career as a First-Generation Lawyer,” Hofstra University Maurice A. Deane School of Law’s First Generation Law Student Association (FGLSA), November 2021
  • Co-Host, Learning Lab: Bankruptcy Code and the Servicemembers Civil Relief Act, National Tax Lien Association (NTLA) Annual Conference, February 2018

Activities & Professional Associations

Present Activities

  • Hofstra Law School Alumni Mentor
  • Hofstra Law School Law Review Alumni Mock Interviewer
  • New York City Bankruptcy Assistance Project
  • New York State High School Mock Trial Tournament, Volunteer Judge

Professional Associations

  • American Bar Association
    • Business Law Section
  • Association of Commercial Finance Attorneys
  • National Tax Lien Association
  • New York State Bar Association
    • Business Law Section

Articles & Publications


  • Co-Author, “A Note on Mortgage Assignments in New York,” Law 360, January 2017
  • Co-Author, “Two Recent Decisions Change Bankruptcy Landscape,” Rochester Business Journal, July 2016
  • Co-Author, “Court Decisions Impact Core Bankruptcy Law Principles,” Rochester Business Journal, July 2015
  • Co-Author, “Equitable Subordination Considerations For Creditors,” Law360, July 2015