About

Provided by Pashman Stein Walder Hayden P.C.

Our Bankruptcy, Restructuring & Creditors’ Rights group regularly advises clients across the country in complex financial restructuring and bankruptcy related transactions and litigation matters. Our seasoned attorneys work closely with our clients to understand their businesses, concerns and objectives, and then develop practical strategies to meet those objectives in an efficient and cost-effective manner.

Our attorneys have served as trusted counsel in a broad range of distressed and bankruptcy situations for a wide variety of parties, including debtors, official and unofficial committees, secured and unsecured creditors, indenture trustees, agents, collateral managers, court appointed trustees, class action plaintiffs, lessors and lessees of real and personal property, parties to executory contracts, trade creditors, critical vendors, parties in avoidance actions, and other significant parties.

In addition to representing virtually all key creditor constituencies in large and complex Chapter 11 proceedings, the bankruptcy group has developed a strong and active practice serving as debtors’ counsel in Chapter 11 proceedings under Subchapter V (“SubV”) of the Bankruptcy Code, becoming a go-to resource for small- and middle-market businesses in distress. 

In recognition of the practice’s outstanding work, the New Jersey Law Journal named the practice the winner of its “Dealmaker’s Award” as part of its 2024 New Jersey Legal Awards.

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring - Delaware

4
Band 4

What the Team is Known For

Pashman Stein Walder Hayden's Delaware office is recognised for its deftness in handling financial restructuring matters and Chapter 11 proceedings. The team is well-positioned to advise creditors, lenders and purchasers in distressed sale transactions and litigation. Pashman Stein regularly acts for debtors in Subchapter V of Chapter 11. The team has experience in a range of industries including the retail, technology and financial services sectors.

Work Highlights

  • Pashman Stein Walder Hayden P.C acted as lead bankruptcy counsel for a class of stockholders in litigation concerning the Chapter 11 filing of Lordstown Motors.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

David B Stratton
S
David B Stratton
S
Senior Statespeople

David Stratton has extensive experience in bankruptcy proceedings, with strengths including litigating on behalf of companies in financial distress as well as mediating disputes.

Henry J. Jaffe
3
Henry J. Jaffe
3
Band 3

Henry Jaffe advises a range of stakeholders in bankruptcy proceedings and comes particularly recommended for his ability to advise on avoidance actions.

Henry is an excellent attorney with a breadth of experience.

Henry has a wealth of experience in high-dollar disputes and complex bankruptcy cases.

Henry is an excellent litigator and one of the best writers.

Henry is a trusted advisor who is very experienced, knowledgeable and commercial.

Henry Jaffe fully understands bankruptcy law, provides clear explanations to clients and is able to successfully navigate complex cases.

Joseph Barsalona II
U
Joseph Barsalona II
U
Up and Coming

Joseph Barsalona is a rising star in bankruptcy and restructuring. His deep Chapter 11 expertise includes particular strength in Subchapter V issues.

Joe knows the ins and outs of the latest trends in complex Chapter 11 cases and has a great understanding of Subchapter V cases.

Joe is an exceptionally industrious lawyer. He has a very entrepreneurial spirit and builds a good rapport with clients and co-counsel.

Joe is an excellent resource.

Ranked Lawyers at
Pashman Stein Walder Hayden P.C.

Provided by Chambers
Filter by
Band

Delaware

Bankruptcy/Restructuring

David B Stratton
S
David B Stratton
S
Senior Statespeople
Henry J. Jaffe
3
Henry J. Jaffe
3
Band 3
Joseph Barsalona II
U
Joseph Barsalona II
U
Up and Coming

Members

Provided by Pashman Stein Walder Hayden P.C.