Mr. Young, partner, focuses his practice on creditors' rights in bankruptcy, bankruptcy litigation, commercial transactions and commercial litigation in both state and federal courts. His experience includes sales and secured transactions under the Uniform Commercial Code, creditors' rights in bankruptcy and civil litigation.
Mr. Young's experience includes asset acquisitions and foreclosures accomplished through receiverships and bankruptcy asset sales, lien validity and priority, preference and fraudulent transfer litigation, claims allowance and representation of unsecured creditors committees in both chapter 7 and chapter 11 corporate bankruptcies. He is regularly involved in motion practice, trials (including jury trials) and appellate work on behalf of creditors, creditors committees, officers and directors, and equity holders.
In the area of business litigation, Mr. Young has protected creditors' rights on behalf of secured and unsecured commercial creditors, vendors and financial institutions to recover debts and obligations owed as well as enforcement of contractual rights throughout the United States, but most prominently in Maryland, the District of Columbia, Virginia and Delaware. He has represented secured creditors in recovery of assets ranging from aircraft (Delaware) to bio-medical equipment (Maryland) to intellectual property (Virginia) and represented unsecured creditors and creditors' committees in Maryland, Virginia, Delaware and other states. His bankruptcy experience also includes protection of intellectual property rights including licensing, protection of landlord rights, asset sales and debtor-in-possession financing. Mr. Young has extensive experience working on both ad hoc and official committees of unsecured creditors and equity holders. He is the author of Bankruptcy and its Impact on Intellectual Property Law published by the American Bankruptcy Institute.
Mr. Young regularly provides outside counsel and business advice to his business clients, drawing on his experience as a business consultant prior to becoming a lawyer, regarding the formation of businesses, the restructuring of businesses, contract relationships and negotiations between business entities and compliance with issues arising under the Uniform Commercial Code including sales, secured transactions, reclamations, warehousing and bulk sales.
In addition to his active practice, Mr. Young has served as an Adjunct Professor of Law at George Mason University School of Law since 1999 where he regularly teaches courses in Bankruptcy Law and Chapter 11 Reorganization. He also regularly teaches continuing legal education courses on the relationship of bankruptcy to other areas of law.
• Bankruptcy and Its Impact on Intellectual Property, American Bankruptcy Institute (2nd Edition 2009; 1st Edition 2007), co-authored with Patricia Rogowski, Esquire.
• Creditors' Rights in Bankruptcy - It's Not an Oxymoron, Washington Smart CEO Magazine, August 2006.
• What Happens When Patent Law Intersects with The Bankruptcy Code?, Philadelphia Intellectual Property Law Association, Spring 2006.
• Judicial Re-Regulation of Airline Routes, 5 GMU Law Review 409 (1983).
• Collection Law from Start to Finish: (1) The Fair Debt Collection Practices Act and (2) The Impact of Bankruptcy on Collections, NBI, Inc., Washington, D.C., October 29, 2008.
• Intellectual Property in Bankruptcy, District of Columbia Bar, Corporate, Finance and Securities Section and Bankruptcy Committee, February 12, 2008. Presented with the Honorable S. Martin Teel, Jr., U.S. Bankruptcy Judge, District of Columbia.
• Domestic Relations and Bankruptcy Law: When Ships Collide (In the Dark), Fairfax Bar Association, October 1, 2007. Presented with the Honorable Kimberly J. Daniel, Chief Judge, Fairfax County (Virginia) Juvenile and Domestic Relations District Court and Shirley F. Keisler, Esquire, Grenadier, Anderson, Starace, Duffett & Keisler, P.C.
• BAPCPA Changes to Homestead Exemptions, American Bankruptcy Institute Mid-Atlantic Bankruptcy Workshop, Summer 2007.
• BAPCPA Changes to Chapter 11, American Bankruptcy Institute Mid-Atlantic Bankruptcy Workshop, Summer 2007.
June 1, 2014 Kutak Rock Secures Two Affirmances From U.S. Court of Appeals
Kutak Rock attorneys Loc Pfeiffer and Alison Feehan, with support from Craig Young, received two successive affirmances from the United States Court of Appeals for the Fourth Circuit in favor of a bank client arising out of two related cases litigated aggressively in three separate venues.
March 1, 2013 Multioffice Team Secures Take-Nothing Jury Verdict
January 1, 2012 Firm Elects 24 To Join Partnership In 2012
Kutak Rock LLP, a national provider of legal services for corporate matters, securities, real estate, tax, public finance and litigation, has elevated 24 attorneys from its various offices across the nation to the firm partnership. The promotions are effective January 1, 2012.
August 24, 2011 An Issuer's Payments on Tradable Debt Securities May Be Protected From Avoidance in a Subsequent Bankruptcy Case of the Issuer
The Second Circuit recently held, in a case of first impression, that a pre-bankruptcy payment by an issuer of commercial paper to redeem the commercial paper can constitute a protected settlement payment under the Bankruptcy Code that is not avoidable as a preference or as a constructively fraudulent transfer in a subsequent bankruptcy case of the issuer.