Flaster Greenberg PC

Bankruptcy/Restructuring Department

Pennsylvania: Philadelphia & Surrounds
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What the team is known for Superb group acting for a wide range of clients, including debtors and creditors, and frequently engaged by Fortune 500 companies. Advises on an array of issues including workouts, insolvency-related disputes and creditors' rights matters. Also frequently acts as trustee in complex Chapter 11 proceedings. Experienced in Chapter 7 issues, including business and asset sales, regularly representing trustees.

Strengths"I refer clients to them if I have a conflict," says an interviewee. "It's an excellent firm."

Work highlight Represented the Chapter 7 trustee in the bankruptcy of Joseph Grasso, with assets valued at $15 million.

Notable practitioners

Harry Giacometti works on Chapter 7 and Chapter 11 cases, representing both debtors and creditors. "I refer to him whenever I have conflicts," says a source. "He's capable, smart and pragmatic: all the things you look for in a good counselor."

William Burnett represents both distressed businesses and creditors' committees, alongside other parties, in bankruptcy filings. An interviewee comments: "He is very good; very business-oriented and he knows how to work deals and move things forward."