Charles L. Glerum: Lawyer with Edwards Wildman Palmer LLP

Charles L. Glerum

Boston,  MA  U.S.A.

Peer Rating
AV® Preeminent

Client Rating

Featured AV Peer Review Rated Lawyer IconFeatured AV Peer Review Rated Lawyer Icon
Printer Friendly VersionEmail this PageDownload to My Outlook ContactsAdd lawyer to My FavoritesCompare this lawyer to other lawyers in your favorites

Experience & Credentials Ratings & Reviews

Practice Areas

  • Restructuring & Insolvency
  • Municipal Insolvency and Chapter 9 Bankruptcy
University Brown University, A.B., 1975
Law SchoolUniversity of Michigan Law School, J.D., 1980
AdmittedMassachusetts; U.S. District Court, District of Massachusetts; U.S. Supreme Court; U.S. Court of Appeals, First Circuit; U.S. District Court, Northern District of New York

Charley Glerum has been listed in Best Lawyers in America , Massachusetts Super Lawyers and in Chambers USA. His practice focuses on creditor representation in which he has represented secured creditors, subordinated creditors and unsecured creditors in all phases of workouts, from the response to the first defaults under loan agreements to the negotiation of workout and forbearance agreements through litigation and bankruptcy. He also focuses on transactions with Insolvency Issues and has extensive experience in all aspects of complicated debt restructurings, workouts, debt acquisitions and asset recovery transactions, as well as the purchase and sale of assets in insolvency situations.
•Representation of series of creditors committees in both Delaware and Massachusetts, including the creditors' committees of MCMS, Olympus Healthcare, Winthrop Hospital, ACT Manufacturing, Carlson Implementation Associates, Inc., Bay State Lobster Company and Boston Publishing Company.

•Representation of senior secured lenders in connection with bankruptcy of multi-state cable company with five levels of institutional debt aggregating over $250 million, in connection with which clients recovered their principal, accrued interest and default interest and expenses in full in cash upon confirmation of plan of reorganization.

•Representation of various parties in healthcare insolvencies, including serving as debtor's counsel in first hospital Chapter 11 in Massachusetts and as court appointed Bankruptcy Trustee of 19 separate healthcare corporations.

•Representation of several secured investors and institutional investors in Chapter 11 cases throughout US.

•Serving as court appointed Examiner, in one case to investigate allegations of fraud and in second case to supervise the sales process of a bio-tech start-up, which resulted in confirmation of Plan of Reorganization guarantying a 35% recovery for unsecured creditors.

•Representation of the Chapter 11 Trustee of series of Chapter 11 debtors with annual revenues of $400 Million.


Secured Credit Facility for a Farm Credit Association Lender

A team of our lawyers continued representation of a farm credit association lender in restructuring a $70,000,000 revolver and term loan facility to an overextended multi-state greenhouse business through extensive financial analysis and monitoring that led to spinning off underperforming locations.

Steward Health Care System Lender of Recovery Loans and Contract Claims

A team of our lawyers represented Steward Health Care System LLC as Lender in connection with recovery of loans and contract claims against a Special Master in a state court receivership in Rhode Island.

Secured Credit Facility for NewStar Financial, Inc.

A team of our lawyers represented secured lender, NewStar Financial, Inc., in connection with its borrower, Smith Gas, a service provider for gas exploration companies, following a default under its credit facility.

Secured Credit Facility for a Lender for Casino Construction

A team of our lawyers continued representation of a Lender in the workout of a $25,000,000 term loan and line of credit for the construction of a casino, with a collateral shortfall and cash flow subject to the specialized constraints of state license requirements and political concerns.

Bond Counsel to Bank of America for Assisted Living Facility

A team of our lawyers provided counsel for Bank of America in the restructure of $120 million syndicated bond financing to a recently-constructed assisted living facility significantly impacted by the downturn in the economy.

JP Morgan Chase Bank as Lender in Pre- and Post-Petition Financing

A team of our lawyers represented JPMorgan Chase Bank, N.A. (JPM) as administrative agent and lender in connection with both pre-petition and post-petition (Debtor-in-Possession) financing of Personal Communications Devices, LLC (PCD).

Counsel to Bank of America on Outstanding Loans to Satellite Communications Company

A team of our lawyers provided counsel to Bank of America regarding outstanding loans to a satellite communications company in chronic default resulting in the successful sale of a subsidiary and paydown of principal balance.

Exit Strategy Devised and Implemented for Line of Credit and Term Loan

A team of our lawyers represented Bank of America in devising and implementing an exit strategy in a highly sensitive matter in both the public and political arenas involving a $17,000,00 irrevocable long-term letter of credit, line of credit and term loan.

Allegedly Fraudulent Healthcare Services Provider Loan Restructure and Recovery

A team of our lawyers represented Bank of America in connection with restructuring and ultimate recovery of a loan made to a healthcare services provider.

NewStar Financial Senior Secured Facilities and Purchase of Preferred Stock

Our lawyers represented Boston-based Newstar Financial in the October 2011 purchase of preferred stock and credit facility for Smith Energy Services, Inc.

Edwards Wildman Client Advisory - Order Restored: Security Interest in FCC License Proceeds Upheld
November 6, 2012
American Bankruptcy Institute - 2012 Northeast Conference
July 12-15, 2012 event

Chambers USA 2014 Recognizes 35 Edwards Wildman Lawyers for Excellence
June 4, 2014
Chambers USA 2013 Ranks 36 Edwards Wildman Lawyers in 17 Practice Areas
May 28, 2013
Chambers USA 2012 Ranks 33 Edwards Wildman Lawyers in 17 Practice Areas
June 7, 2012
Firm Recognized by Chambers USA in 17 Categories
June 21, 2011
EAPD Attorneys Selected For Inclusion in Super Lawyers 2010
October 7, 2010
Charles Glerum Joins the Firm as Partner
July 21, 2010


View Ratings & Reviews
Profile Visibility
#1,708 in weekly profile views out of 19,840 lawyers in Boston, Massachusetts
#114,626 in weekly profile views out of 1,606,920 total lawyers Overall

Office Information

Charles L. Glerum

111 Huntington Avenue
BostonMA 02199-7613


Professional Networking for Legal Professionals Only

Quickly and easily expand your professional
network - join the premier global network for legal professionals only. It's powered by the
Martindale-Hubbell database - over 1,000,000 lawyers strong.
Join Now