LRC’s Bankruptcy and Chancery Practices Recognized in Chambers USA 2021 Rankings
Wilmington, DE — Landis, Rath & Cobb LLC is pleased to announce that the bankruptcy & restructuring, and corporate litigation practices, along with six attorneys were recognized in the 2021 edition of Chambers USA, which ranks the leading lawyers and law firms across the USA, based on in-depth market analysis and independent research.
Landis Rath & Cobb 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, and Troutman Pepper.
Chambers USA calls the LRC team a “highly regarded bankruptcy and litigation boutique that remains a major player in the Delaware market. Possesses a strong bench of attorneys who are adept at serving in both lead and co-counsel roles. Acts for a prestigious roster of debtors, creditors and asset purchasers, with particular strength in handling retail bankruptcies.” The publication also noted the firm’s work as sole restructuring counsel to Houlihan’s Restaurants and its affiliates during the company’s Chapter 11 filing, a case involving around $66.6 million in assets and liabilities. LRC co-founding partner Adam Landis is ranked in the first tier of bankruptcy practitioners in the state.
The Chancery practice was noted for serving as Delaware counsel to CorePower Yoga and CorePower Franchising in a dispute regarding an asset sale that did not close due to COVID-19, with a source saying “Landis Rath is terrific Delaware counsel to navigate us through a complex commercial litigation. They’re very user-friendly and have given excellent and practical advice.”
Published Chambers USA comments regarding LRC attorneys include:
Adam Landis is in high demand for his ability to guide clients through the Chapter 11 process, including prominent cases in the retail, healthcare and energy markets.
“Adam has extremely good judgment in difficult circumstances, gives wise counsel on novel issues and knows how to get the job done well and efficiently.” “He is an incredibly good litigator who is particularly good at finding strategic points and understanding.” “Adam is outstanding, among the best of the best.”
Dan Rath advises shareholders and corporate entities on a wide range of litigation before Delaware courts and offers expertise acting for both defendants and plaintiffs. He often works on shareholder issues and corporate control disputes.
“He knows the Court of Chancery well, he’s very practical and has a good sense of when to push and when to try and settle.”
Rick Cobb regularly represents clients in bankruptcy court proceedings across the US. He draws on longstanding experience in restructuring mandates, acting for a broad range of stakeholders including debtors and creditors’ committees.
“Richard is very practical, attentive and responsive.” “He has an encyclopedic knowledge of the bankruptcy process.”
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.
“She’s great – well regarded by the Court.”
Kerri Mumford is commended for her representation of distressed companies and creditors in bankruptcy filings.
“She is knowledgeable and pragmatic.” “Kerri is the attorney I would want in my corner – she doesn’t compromise when the other side is being unreasonable but has the ability to strike a deal when necessary.”
Matt McGuire can provide expert representation to both debtors and creditors in proceedings such as Chapter 11 filings.
“He has strong litigation skills and is hard-working.” “Matt knows the answer before everyone else and is able to guide the process toward the correct resolution.”
See the LRC profile page in Chambers USA 2021 here.