James P. Lagios - Partner

Albany Law School of Union University, J.D., magna cum laude
Executive Editor for Business,  Albany Law Review

Member, Justinian Society for Academic Excellence


State University of New York at New Paltz
B.S. Accounting,
summa cum laude

Practice Areas

Creditors' Rights


New York
U.S. District Court
Northern District of New York
Southern District of New York
Eastern District of New York

U.S. Court of Appeals
Second Circuit

James P. Lagios
Partner - ALBANY
9 Thurlow Terrace, Albany, NY 12203
PH: 518-462-3000 | FX: 518-462-4199 |
v-Card | Bio as PDF

Jim maintains a general practice of law with emphasis in business transactions, commercial litigation, professional liability, and debtor/creditor rights.

Jim represents corporate clients in complex commercial transactions, many of which have involved significant regulatory issues in the health care industry.  Jim has represented parties to asset purchase transactions in negotiations leading up to the successful consummation of the agreement, both inside and outside of bankruptcy proceedings, and also in litigation growing out of troubled transactions.

Jim defended a chief financial officer in a multi-party federal action brought by an international investment holding company alleging fraud, breach of fiduciary duty, and negligent misrepresentation.  He utilized the procedures of the Hague Convention to obtain critical evidence located in Europe.  Jim also has extensive experience employing eDiscovery tools to obtain and review necessary evidence.  Jim serves as local counsel to insurance carriers participating in the national flood insurance program, and has appeared in federal courts for the Eastern, Southern, and Northern Districts, as well as the United States Court of Appeals for the Second Circuit.

Jim has handled a variety of issues in bankruptcy and state-court insolvency proceedings.  He recently negotiated on behalf of a hospital system a bankruptcy court stalking-horse bid for the assets of an Article 28 hospital and several of its affiliates.  He has also represented a financial receiver appointed in an involuntary state-court liquidation proceeding commenced by the New York State Attorney General under article 11 of the New York State Not-For-Profit Corporation Law.  Jim has defended preference actions and brought motions for relief from the automatic stay, and has defendant against such motions.  Jim has also commenced adversary proceedings against debtors to continue state-court litigation in the bankruptcy setting.

Early in his career, Jim practiced with the New York City law firm of Shearman & Sterling in the firm's Bank Finance and Bankruptcy Department.  He was subsequently appointed confidential law clerk to the Honorable Albert M. Rosenblatt, Associate Judge of the New York State Court of Appeals.

Presentations and Publications
Court Decision on ACA’s 60-Day Repayment Rule Gives Providers Valuable Guidance, American Health Lawyers In-House Counselor, November 2015, (co-authored with Daniel Bernstein)

Presenter, Legal Aspects of a Business Sale,  Business Owners Seminar, 2015



  • American Health Lawyers Association
  • New York State Bar Association
  • Capital District and Mid-Hudson Bankruptcy Bar Associations
  • Historical Society of the Courts of New York State
  • Professional Liability Underwriting Society (PLUS)
In The Community

The Boys and Girls Clubs of Albany

  • Member, advisory board
  • Past member, board of directors
  • Served on executive, program, and finance committees