Traub is the founding member and managing partner, of Traub, Bonacquist, and Fox, a New York-based boutique law firm specializing in bankruptcy and business reorganization matters [REF].
On December 5, 2008, after Dreier's arrest for being involved in an alleged scheme to sell $700 million in fictitious promissory notes,[REF] Traub and the other bankruptcy lawyers resigned and restarted Traub, Bonacquist & Fox [REF].