Richard M. Pachulski

Richard M. Pachulski: Attorney with Pachulski Stang Ziehl & Jones LLP AV stamp icon
Attorney Awards

Biography

Mr. Pachulski is widely regarded as one of the preeminent corporate restructuring attorneys in America. He was recently named an “Attorney of the Year” by American Lawyer Media’s Recorder, and has been lead counsel on several deals that have been recognized as “Deal of the Year” by The M&A Advisor, Turnaround & Workouts and Global M&A Network. Over the past few years, he was lead counsel in the corporate restructurings of American Suzuki Motor Corporation, Solyndra LLC, and Mesa Airlines. Additionally, Mr. Pachulski also recently was lead bankruptcy counsel to Lehman Brothers in a matter involving over $2 billion due to Lehman Brothers.

For the past four decades, Mr. Pachulski has represented debtors and creditors' committees in both out-of-court workouts and in-court proceedings. In addition, he has extensive experience in business reorganizations, as well as debtor/creditor litigation across numerous industries. During the 1980s, he was a well-known chapter 7 and chapter 11 trustee. His work over this time span led to inclusion in the American College of Bankruptcy, an honorary association of the nation’s most esteemed bankruptcy and insolvency professionals.

Other career highlights include representation of the debtors in MagnaChip Semiconductor, Breed Technologies, Sizzler International, Covad Communications and Peregrine Systems; representation of the Circuit City Creditors’ Committee and, thereafter, the Circuit City Liquidating Trustee; representation of the ad hoc bondholders' committee in Adelphia Corporation; and lead counsel in the restructuring of the debts of internationally acclaimed singer-songwriter Toni Braxton. In total, he has assisted in tens of billions of dollars in restructurings during his career.

Several national publications and organizations frequently recognize Mr. Pachulski for his work in the restructuring and turnaround field. For example, Chambers USA repeatedly ranks him as a top-tier national bankruptcy/restructuring attorney; Best Lawyers in America has listed him among the nation’s top bankruptcy attorneys every year since 1995; K&R Restructuring Register and Turnaround & Workouts listed him as one of America's top restructuring professionals; California Law Business listed him as one of “California's 100 Most Influential Attorneys;” and Los Angeles Business Journal listed him as one of fifteen top banking & finance “turnaround artists.” He also holds an “AV Preeminent Peer Rating,” Martindale-Hubbell's highest recognition for ethical standards and legal ability. In 2016, he was named to Thomson Reuters’ “Top 10: 2016 Southern California Super Lawyers” list and in 2018 was listed by Who's Who Legal among Thought Leaders - Restructuring & Insolvency.

Mr. Pachulski is a graduate of UCLA, and received his J.D. from Stanford University. He is admitted to practice in California, and is a resident in our Los Angeles office.

Clerkships

•Judicial extern, Robert M. Takasugi (C.D. Cal. 1978-79)

News

•Twenty-One PSZJ Attorneys Named 2019 Southern California “Super Lawyers”
January 30, 2019
•Richard Pachulski Named to “Super Lawyers: Top 100” List
January 30, 2019
•PSZJ Attorneys Named in Best Lawyers in America
August 15, 2018
•Prestigious Chambers Guides Again Rank PSZJ Among the Best Law Firms
May 7, 2018
•Twenty PSZJ Attorneys Named 2018 Southern California “Super Lawyers”
January 31, 2018
•Richard Pachulski Named to Thomson Reuters’s “Super Lawyers: Top 100” List
January 31, 2018
•Thirty-Five PSZJ Attorneys Named Best Lawyers in America
August 15, 2017
•Prestigious Chambers Guides Again Rank PSZJ Among the Best Law Firms
June 8, 2017
•Eighteen PSZJ Attorneys Named 2017 Southern California “Super Lawyers”
January 25, 2017
•Richard Pachulski Listed Among Los Angeles Business Journal’s “Most Influential” in Los Angeles
Los Angeles Business Journal, August 31, 2016
•Nineteen PSZJ Attorneys Named Best Lawyers in America
August 2016
•Richard Pachulski Makes List of Top 10 Southern California Super Lawyers
February 5, 2016
•Seventeen PSZJ Attorneys Named Best Lawyers in America
August 17, 2015
•Authoritative Chambers Guides Again Rank PSZJ Among the Best
May 19, 2015
•Thirteen PSZJ Attorneys Selected as Southern California Super Lawyers
Los Angeles magazine, February 2015
•Thirteen PSZJ Attorneys Named Best Lawyers in America
August 2014
•Pachulski Stang Ziehl & Jones: Five M&A Advisor Turnaround Awards
February 2014
•Ten Southern California Super Lawyers at Pachulski Stang
Los Angeles magazine, February 2014
•Solyndra Bankruptcy Reorganization Wins ACG Energy Deal of the Year
Third Annual ACG New York Champion’s Awards
June 2013
•Richard Pachulski Named an Attorney of the Year by The Recorder
The Recorder (v. 137 no. 12), March 25, 2013
•American Suzuki Swiftly Glides to Plan Confirmation
March 6, 2013
•Eight Southern California Super Lawyers at Pachulski Stang
Los Angeles magazine, January 2013
•Solyndra Liquidation Plan Effective
December 2012
•Pachulski Stang Wins Corporate Turnaround Deal of the Year Award
June 2011
•Pachulski Ranked Among Top Bankruptcy Firms by Chambers
June 12, 2009
•Circuit City Unplugged: Why Did Chapter 11 Fail to Save 34,000 Jobs?
28 ABI Journal 10 (April 2009), April 2009
•Richard Pachulski Testifies on Retail Bankruptcies Before House Judiciary Subcommittee
March 11, 2009
•PSZJ Attorneys Among Best Lawyers in America
2008
•Pachulski Stang Hired to Represent Creditors in Circuit City Chapter 11 Case
November 18, 2008
•Eight Southern California Super Lawyers at Pachulski
Los Angeles Magazine, March 2008

Publicaiton

•Coauthor, Chapter 11 - The Bank of Last Resort, 45 Business Lawyer 261 (1989)
•Coauthor, Plan Wars - The Use of Chapter 11 to Coax Continued Financing From a Reluctant Lender, 738 PLI/Comm. 7 (1996)

Events

•Winning Strategies in Chapter 11 Bankruptcy Sales: Getting the Most Out of the Section 363 Sales Process
ABA Business Law Spring Meeting Chapter 11 Luncheon
Los Angeles, April 10, 2014
•Great Debate: Chapter 11, Soup to Nuts-Hot Topics in Chapter 11 Cases
22nd Annual ABI Bankruptcy Battleground West
Los Angeles, March 11, 2014
•Dodger Blue (or is it Red) Ink?
Jonathan Club Armchair Series
Los Angeles, August 3, 2011
•Recent Developments in Bankruptcy, Restructuring, and Regulatory Trends
TMA Third Annual Western Regional Conference
Santa Barbara CA, July 15, 2011
•The Great Debate
ABI 19th Annual Bankruptcy Battleground West
Los Angeles, March 4, 2011
•Selected Issues in Plan Confirmation Proceedings: Termination of Exclusive Periods, Competing Plans and the Struggle to Control the Process
ABI 28th Annual Spring Meeting
National Harbor MD, May 1, 2010
•Circuit City’s Perfect Storm
TMA 2010 Distressed Investing Conference
Las Vegas, January 28, 2010

American College of Bankruptcy

Member, Financial Lawyers Conference Board of Governors (1989-92) Fellow: American College of Bankruptcy

Member, Financial Lawyers Conference Board of Governors (1989-92)

Clerkships

Judicial extern, Robert M. Takasugi (C.D. Cal. 1978-79)

Areas of Practice (10)

  • Bankruptcy
  • Automotive
  • Energy
  • Financial Fraud
  • Manufacturing and Distribution
  • Media and Entertainment
  • Real Estate
  • Retail
  • Technology & Telecom
  • Transportation

Education & Credentials

Contact Information:
424-281-0553  Phone
310.277.6910  Phone
www.pszjlaw.com
University Attended:
University of California at Los Angeles, B.A., summa cum laude, 1976
Law School Attended:
Stanford University, J.D., Phi Beta Kappa, Pi Gamma Mu, 1979
Year of First Admission:
1979
Admission:
1979, California
Memberships:

Professional Affiliations

•fellow, American College of Bankruptcy
•Member, Financial Lawyers Conference Board of Governors (1989-92)

Birth Information:
Los Angeles, California, October 29, 1956
Reported Cases:
Representations: Chapter 11 debtors in American Suzuki Motor Corporation; Highway Technolgies; Peregrine Systems; Breed Technologies; Solyndra; Covad Communications Group, Commonwealth Equity Trust; Sizzler International; Toni Braxton; Mesa Air Group; MagnaChip Semiconductor; Creditors' committees in Circuit City; First Executive Corporation; Northpoint Communications; Ad hoc bondholders' committee in Adelphia Communications; Lehman Brothers in Palmdale Hills Property; Trustees in Triad America Corporation and Ezri Namvar
ISLN:
904631485

Peer Reviews

5.0/5.0
A Martindale-Hubbell Peer Rating reflects a combination of achieving a Very High General Ethical Standards rating and a Legal Ability numerical rating.

*Peer Reviews provided before April 15, 2008 are not displayed.

Los Angeles, California

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