LRC is the only boutique law firm in the top eight firms for Bankruptcy/Restructuring in Delaware
Landis Rath & Cobb LLP, a Wilmington, Delaware-based boutique law firm focusing on commercial bankruptcy, corporate restructuring and business litigation, is pleased to announce that the firm has once again received high rankings in the 2020 edition of Chambers USA.
Chambers USA calls LRC a “highly regarded bankruptcy and litigation boutique that remains a major player in the Delaware market,” commenting that the firm “possesses a strong bench of attorneys who are adept at serving in both lead and co-counsel roles.” The highly-regarded publication says that LRC acts for a prestigious roster of debtors, creditors and asset purchasers, with particular strength in handling retail bankruptcies.
LRC co-founding partner Adam Landis is ranked in the first tier of bankruptcy practitioners in the state. The firm is the only boutique among the top two tiers of law firms for Bankruptcy/Restructuring in Delaware, joining Morris Nichols, Pachulski Stang, Richards Layton, Young Conaway, Cole Schotz, Pepper Hamilton, and Skadden. LRC co-founders Rick Cobb and Dan Rath, as well as partners Rebecca Butcher, Kerri Mumford and Matthew McGuire are also individually ranked.
Chambers USA also highlighted LRC’s role as Chapter 11 restructuring counsel to Bertucci’s Holdings and its affiliates. The representation included negotiating an initial DIP agreement, conducting a successful auction by obtaining a higher bid and negotiating a replacement DIP agreement with the buyer.
Published Chambers USA comments regarding LRC attorneys include:
Adam Landis is in high demand for his ability to guide marquee clients through the Chapter 11 process, including recently in the retail, healthcare and energy markets. “He is very experienced,” says one client, adding: “Both judges and opposing attorneys respect him.”
Daniel Rath advises shareholders and corporate entities on a wide range of litigation before Delaware courts and offers expertise acting for both defendants and plaintiffs. Sources note that he is “creative in terms of his presentation of arguments to the Chancery Court,” and also identify him as at the “top of his game.”
Richard Cobb regularly represents clients in bankruptcy court proceedings across the US. He draws on longstanding experience in restructuring…acting for a broad range of stakeholders…
Kerri Mumford is commended for her representation of distressed companies and creditors in bankruptcy filings. Interviewees hold her in high regard, describing her as “a tenacious lawyer who protects her clients and fights for the right result.”
Rebecca Butcher is noted for her strength in disputes involving alleged fraud, fiduciary duty and breach of contract claims. Her practice sees her handle cross-border matters and work in the energy, entertainment and finance sectors.
Matthew McGuire gains market attention for his expert representation of debtors and creditors in proceedings such as Chapter 11 filings. “He has a great ability to examine how a specific argument will play out in court,” says one client, further commenting: “His thoughts are crucial when determining strategy.”