Mark S. Indelicato
Throughout his career, Mark has represented parties in virtually every aspect of insolvencies, bankruptcies, and out-of-court workouts, including secured and unsecured creditors, trustees, debtors and purchasers of assets in Chapter 11 cases. Over the last fifteen years, his practice has concentrated primarily on representing the interests of creditor groups in bankruptcy proceedings, particularly Creditors’ Committees in large complex bankruptcies. Mark has a recognized talent in working with all sides to ensure that even in troubled situations, the interests of his clients are maximized.
Mark served as Creditors’ Committee counsel in many of the largest subprime mortgage bankruptcies, including New Century TRS Holdings, Inc. and American Home Mortgage Corp. as well as the largest hotel bankruptcy ever filed, Extended Stay, Inc. Other Creditors’ Committees of note include Vertellus Specialties, Inc., Reichhold Holdings U.S., Inc., Hancock Fabrics, Inc., AWI Delaware, Inc., Loehmann’s Holdings, Inc., Crabtree & Evelyn Ltd., MPC Computers, HQ Global Workplaces, Inc., Teleglobe Communications Corp., Pillowtex Corporation, Cone Mills Corporation and Petrie Retail, Inc. His depth of skill transcends industries and sectors, delivering results using the full range of bankruptcy tools, from plan confirmations to Section 363 asset sales to liquidations.
Global Chairman and President (in 2011 and 2012, respectively) of the Turnaround Management Association, and a past President of its New York Chapter, Mark is a member of the Board of Directors of the New York Institute of Credit and sits on its Executive Committee. He has been recognized by the New York Institute of Credit and other industry organizations for his commitment to education within the credit community. Mark regularly lectures on numerous bankruptcy and creditors' rights topics including bankruptcy sales, subprime mortgage issues, insolvency and debtor in possession financing issues to such organizations as the American Bar Association, New York Institute of Credit, Turnaround Management Association, National Association of Credit Managers, and Law Education Institute. Mark has written articles on these and other bankruptcy related topics which have appeared in the Journal of Corporate Renewal and the New York Law Journal. He has been a guest lecturer at Villanova Business School addressing developing issues in the restructuring arena and for the last 10 years has moderated a panel entitled "Views From The Bench" on behalf of the NYIC and the Philadelphia Chapter of TMA that brings together judges from Delaware, Philadelphia and New Jersey to discuss vital, developing issues of bankruptcy law.Mark has served as Managing Partner of the Firm from 2010 through the present. Admitted to practice before the United States Supreme Court and the United States Court of Appeals for the Second and Third Circuits, Mark is a member of the New York State and American Bar Associations.
New York, New York 10022