In addition, Mr. Barkasy is an adjunct professor of Bankruptcy, Products Liability, Secured Transactions, Business Organizations and Construction Law at Rutgers University School of Law-Camden.
Mr. Barkasy divides his time between the Firm’s Philadelphia and Wilmington offices.
AREAS OF EXPERIENCE
Bankruptcy and Creditors’ Rights
Mr. Barkasy represents financial institutions, corporations, colleges and universities, debtors and official and unofficial committees in Chapter 11 bankruptcy and reorganization cases. He also handles bankruptcy litigation and commercial loan foreclosures. Mr. Barkasy’s experience includes:
•Delaware counsel for senior secured lender in Fisker Automotive bankruptcy.
•Represented Ad Hoc committee of salaried retirees in the Hawker Beechcraft bankruptcy. Created fund to provide compensation for participants of terminated pension plan for salaried retirees.
•Obtained recognition of an Indonesian insolvency proceeding as counsel for an Indonesian shipping company as debtor in a Chapter 15 bankruptcy in New York.
•Representation of the Ad Hoc Committees of Consumer Victims, holders of over 1.25 billion of product liability personal injury claimants in the Chrysler and General Motors bankruptcies.
•Represented TD Bank with regard to 20 million construction loan in the bankruptcy of Delaware real estate developer. Prevented imposition of priming lien and obtained stay relief.
•Counsel to AK Steel Corporation in the New Jersey bankruptcy of a steel distributor. Discovery of fraudulent conveyance and breach of fiduciary duty claims resulted in substantial recovery for unsecured creditors and an award of attorneys’ fees for making substantial contribution to case.
•Counsel to Chapter 11 Trustee of public healthcare company in Delaware. Obtained confirmation of reorganization plan pursuant to which more than 50 million was distributed to public shareholders. Prosecuted breach of fiduciary duty claims against former Chairman and CEO.
•Represented a commercial bank with hotel mortgage in overturning a confirmation order on appeal in New Jersey bankruptcy.
•Represented a warehouse lender in a bankruptcy of a Long Island mortgage broker accused of double-hypothecation of collateral.
•Delaware co-counsel to the official retiree committees in the Intermet and Hayes-Lemmerz bankruptcies in Delaware.
•Represented a Pittsburgh-area construction company, Philadelphia paint manufacturer and South Jersey fast food franchisee as debtors in obtaining plan confirmation in Chapter 11 cases.
•Counsel to the University of Pennsylvania in the Enron bankruptcy.
•Representation of an equitable lien claimant in Mike Tyson’s bankruptcy.
•Counsel to NCR with respect to 21 million claim in New Jersey bankruptcy of armored car company.
•Represented an unsecured creditors’ committee in a New Jersey bankruptcy of an oil and lube franchisor.
Mr. Barkasy has a wealth of commercial litigation experience, including the following:
•Complex Commercial Cases - Represents clients in a wide variety of complex litigation matters in both federal and state courts, such as breach of fiduciary duty, directors and officers litigation, lender liability, fraudulent conveyance, trademark, antitrust and environmental cost recovery actions. His experience includes corporate litigation in the Delaware Chancery Court.
•Employment - Represents corporations and senior executives in employment discrimination actions, breach of contract cases and restrictive covenant disputes.
•Products Liability - Defense of claims involving diverse products such as helicopter engines, electrical equipment, MRI equipment, power tools and air bag components, as well as asbestos and benzene exposure actions.
•Construction Industry - Counsel to owners, general contractors, construction managers and subcontractors in litigation concerning both public and private contracts.
•Chairman, Todd Baldino Memorial Scholarship Committee
•Gloucester Twp. Baseball, Executive Board, former President and Coach of the Year (2006)
•Executive Board, Coach and former Vice-President and Trustee, TBAA Soccer
•Executive Board and Coach of the Year (2003-04, 2008-09, 2009-10 and 2011-12)
•Noted as a "Pennsylvania Super Lawyer" in the area of bankruptcy and creditor/debtor rights, 2013-2018
•Rutgers School of Law - Camden, Adjunct Professor of the Year, 2014
•Listed in The Best Lawyers in America in the area of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2015-2019
No aspect of this advertisement has been approved by the Supreme Court of New Jersey. Further information on methodologies is available via these links.
Schnader Attorneys Named to The Best Lawyers in America 2019
Many Schnader Lawyers Named to PA Super Lawyers
Schnader Attorneys Named to Super Lawyers 2017
40 Schnader Attorneys Named to The Best Lawyers in America 2018
Barkasy Quoted in "Bankruptcy Judge Shortage Could ’Cripple’ Delaware"
Many Schnader Attorneys Named to Super Lawyers 2016
Thirty-Seven Schnader Attorneys Selected for The Best Lawyers in America 2017
Schnader Recognized with International Financial Law Review Award
Thirty-Three Schnader Attorneys Selected for The Best Lawyers in America 2016
Super Lawyers Recognizes Many Schnader Attorneys in 2015
Partners Richard Barkasy and Christine Carty Named to Schnader’s Executive Committee
Thirty-Two Schnader Attorneys Selected for The Best Lawyers in America 2015
Super Lawyers Recognizes Many Schnader Attorneys in 2014
Super Lawyers Recognizes Many Schnader Attorneys in 2013
Schnader Attorneys Featured in Media Reports Regarding the On-Going Auto Bankruptcy Cases
Schnader Team Representing Unsecured Creditors in the Chrysler and GM Bankruptcies are Highlighted in the Media
Schnader Opens Delaware Office
John Armstrong Memorial Golf Classic
Schnader Hosts the TAGLaw Northeastern Regional Conference
"Will Merger-Challenge Suits Shift to New York After Gordon v. Verizon?"
"Will other courts give ’disclosure only’ settlements closer scrutiny like Delaware?"
Daniel Pereira and Richard Barkasy Published “Supreme Court Says Creditors Must ‘Get It in Writing’"
Issues and Trends in New Jersey Law
A Roundtable Conversation on Chapter 11 Bankruptcy
Sarah Hewitt, Richard Barkasy, and Megan Harmon Presented “Delaware - The Land of A Million of Corporations”
Richard Barkasy Presented on Government Law
Richard Barkasy Spoke at Landlord-Tenant Law Forum
Richard Barkasy Presented Lorman Webinar
Richard Barkasy Presented Ethics Webinar
Rich Barkasy and Kevin Coleman Presented on Delaware Bankruptcy Practice
Richard Barkasy and Barry Bressler Presented at PBI’s 17th Annual Real Estate Institute
Schnader Attorneys Present CLE Seminar "Judgment Enforcement"
Richard Barkasy Presents CLE Seminar "Collections: Seeking and Collecting a Judgment"
Schnader’s Bressler and Barkasy Attend TMA’s 8th Annual Mid-Atlantic Regional Symposium
Schnader’s Barkasy Speaks at Glass Association of North America Conference in Las Vegas
Bankruptcy Implications in the New Economy, New Jersey Association of Corporate Counsel
CLE Session: Judgment Enforcement in Delaware
Continuing Education Seminar: Foreclosure and Reposession in New Jersey
Conflict Issues and Multiple Representations
Fundamentals of Consumer Bankruptcy
Getting the Project Complete and Paid for When the Contractor or Owner Is Insolvent
(Also at Philadelphia, Pennsylvania Office)
•Eastern District of Pennsylvania Bankruptcy Conference
•American Bankruptcy Institute
•Registry of Mediators for the United States Bankruptcy Court for the District of New Jersey
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