Rick is a member of the Financial Industry Group, practicing in the area of Commercial Restructuring & Bankruptcy. Rick has extensive experience in a variety of areas including the representation of: lenders and borrowers in connection with the negotiation, structuring, and documentation of complex commercial loans and related transactions; borrowers and lenders in out-of-court workouts and related restructurings; public and private companies as chapter 11 debtors-in-possession; buyers of property in bankruptcy cases and other insolvency situations; official committees in chapter 11 cases; secured creditors and lessors in bankruptcy cases; turnaround and other consulting firms in bankruptcy and insolvency matters; contractors in bankruptcy and insolvency related matters; and trustees and receivers. He also provides clients with advice in connection with the structuring of complex transactions involving structured financing and securitizations.
His experience spans numerous industries and niches including health care, food, real estate development, music, construction, gaming, heavy manufacturing and distribution. His practice is national in scope and, accordingly, he has extensive litigation experience in bankruptcy courts throughout the country.
Rick represents clients in virtually all aspects of financing transactions, and insolvency cases and proceedings, and from numerous different perspectives. At one time or another, he has sat on virtually all sides of the table. In loan transactions, Rick’s wide range of experience provides him with valuable insight into the best means to structure transactions to protect clients in the event of insolvency. In counselling parties in connection with the origination of a loan, and parties in insolvency situations, his broad range of experience also provides him with unique insights into the motivations and possible strategies of adverse parties and their counsel. He prides himself on being able to solve or litigate even the most difficult controversies or problems where necessary, and bringing common and business sense to his clients so that legal matters can be resolved in an effective and efficient manner that best serves the clients’ legal and business interests.
Rick has published articles and spoken on issues of interest and importance in the bankruptcy and insolvency areas. He is a member of the American Bar Association, the American Bankruptcy Institute and the Turnaround Management Association. He also regularly attends meetings of the Commercial Finance Association.