Career
Joseph C. Barsalona II is a partner in the firm’s Bankruptcy, Restructuring & Creditors’ Rights practice group, opening the firm's Delaware office in June 2022. Ranked by Chambers and Partners, he focuses his practice on in-court and out-of-court restructurings, distressed asset sales, and bankruptcy litigation. His diverse bankruptcy practice includes representation of debtors, trustees, official committees, secured and unsecured creditors, distressed investors, independent directors, asset purchasers and other parties in interest in all phases of chapter 11 proceedings and related trial and appellate litigation. Joe has significant experience representing middle-market and small business debtors, including in Subchapter V of chapter 11, which provides an expedited and less expensive process than a traditional chapter 11 bankruptcy filing.
Joe also has experience with various state court insolvency proceedings in the Delaware Court of Chancery, the Chancery Division of the New Jersey Superior Court and the Supreme Court of the State of New York, including assignments for the benefit of creditors, receiverships and dissolutions.
Joe’s experience spans a wide variety of industries including software, direct-to-consumer e-commerce, legal services, education, hospitality, pharmaceuticals, oil and gas, food and beverage, entertainment, energy production, retail, manufacturing, publishing, finance, transportation, and real estate.
As partner in both the Bankruptcy, Restructuring & Creditors’ Rights and Commercial Real Estate groups, Joe also concentrates on the preparation and issuance of state and federal legal opinions in connection with real estate financings, including substantive non- consolidation, bankruptcy remote, and fairness opinions, as well as Delaware state law opinions.
Active in the American Bankruptcy Institute, Joe currently serves on the Advisory Board of the ABI Mid-Atlantic Bankruptcy Workshop. He is also a member of the Turnaround Management Association and the Bankruptcy American Inns of Court.
Prior to joining Pashman Stein, Joe was an associate in Delaware at Richards, Layton & Finger, P.A. and Morris, Nichols, Arsht & Tunnell LLP.
Professional Memberships
American Bankruptcy Institute
-Co-Chair and Executive Board Member, Bankruptcy Litigation Committee
- Member, Business Reorganization Committee
-Member, Secured Credit Committee
-Member, Unsecured Trade Creditor Committee
Delaware Bankruptcy American Inn of Court
-Barrister
Turnaround Management Association, member
Federal Bar Association, member
St. Thomas More Society, member