Chambers USA 2017 Ranks LRC Practices and Attorneys
Landis Rath & Cobb, a premier boutique law firm concentrating on commercial bankruptcy, corporate restructuring and business litigation, is pleased to announce that the firm’s core practice areas and five partners once again have been recognized for excellence in the 2017 edition of Chambers USA: America’s Leading Lawyers for Business.
Chambers describes LRC as a highly regarded bankruptcy and litigation boutique firm that remains a major player in the Delaware market, possessing a strong bench of attorneys who are adept at both lead and co-counsel roles. The guide notes that the firm acts for a prestigious roster of debtors, creditors and asset purchasers, in a wide range of sectors including energy, technology and retail.
Among the firm’s noted strengths is that “they’re terrific, very responsive,” and that they “really know the local scene.” Another source commends LRC’s “excellent insight into bankruptcy judges in the Delaware district.” The firm’s billing practices are called both “very reasonable” and “very cost-efficient.”
Bankruptcy/Restructuring
The LRC bankruptcy practice is again referred to as a major player in the Delaware market with a strong bench of attorneys adept at both lead and co-counsel roles. Chambers references firm strengths as being very responsive, knowing the local scene and having excellent insight into bankruptcy judges in the Delaware district.
Among highlights from last year included acting as sole counsel to Jumio in its Chapter 11 proceedings in the U.S. bankruptcy court, and serving as co-counsel to Credit Suisse as lender in connection with UCI International’s Chapter 11 bankruptcy. Significant clients named included JPMorgan Chase, C&S Wholesale Grocers, Saladworks, LMI GUC Trust, and the Connecticut Housing Finance Authority.
Comments regarding LRC attorneys include:
Adam Landis, ranked in the top tier of bankruptcy attorneys in the state, has “an encyclopedic knowledge of precedents” and “really knows the Delaware judges in and out.” He represents clients in a variety of corporate bankruptcy transactions and litigation matters.
Richard Cobb acts for secured and unsecured creditors, and debtors in bankruptcy matters, restructurings and litigation. Clients laud him as “a problem solver and business partner who understands the bigger picture of where we’re trying to go.”
Kerri Mumford represents debtors, secured lenders and creditors in complex bankruptcy and restructuring matters. Sources call her “tireless” and note her “incredible attention to detail.”
Chancery
Chambers describes the LRC Chancery practice as “a respected business law boutique with an emerging reputation for its handling of Delaware corporate law disputes. Regularly handles matters such as fiduciary duty litigation, corporate control disputes and advancement proceedings. Clients include Delaware business entities, directors and investors.” They are lauded by clients as “responsive” and “very knowledgeable about the courts.” Another client praised the attorneys for their “good judgment.”
Highlighted matters included representation of EMC Mortgage as co-counsel in four matters brought by MBS trusts for alleged breaches of representations and warranties connected with issuances of securities, and acting as lead counsel to the U.S. Education Loan Trust in its defense of RBC Capital Markets’ claims for breach of an indenture under which the client issued education loan-backed securities. Other significant clients named by the publication included CIM Urban Lending GP, JPMorgan Chase, Atlantic Coast Dining, and Westech Capital.
Comments regarding LRC attorneys include:
Daniel Rath acts as both lead and local counsel on cases involving fiduciary duty challenges, shareholder rights disputes and books and records actions. Market sources describe him as “highly effective in court,” adding: “The judges all know and respect him.”
Rebecca Butcher is “incredibly experienced with the rules of the court and a very good writer and oral advocate,” say peers. She represents clients in litigation regarding corporate governance issues and fiduciary duty challenges in the Delaware Court of Chancery.
About Chambers USA
The Chambers USA: A Guide to America’s Leading Business Lawyers, is an independent, objective, research-based legal directory. Attorneys and law firms are selected for inclusion by strong recommendations from the market and according to reputation. The Chambers USA researchers conduct interviews with clients and other lawyers to build a picture of the sector and of the leading lawyers within it.
https://www.chambersandpartners.com/USA/firm/101097/landis-rath-cobb