Lawrence J. Kotler practices in the area of reorganization and finance, representing chapter 11 debtors-in-possession, chapter 11 trustees, chapter 7 trustees, liquidating trustees, creditors' committees, secured creditors and large institutional unsecured creditors in all facets of bankruptcy. Mr. Kotler is currently serving as counsel for the Official Committee of Unsecured Creditors in the Spectrum Alliance LP bankruptcy case as well as trustee's counsel in the bankruptcy cases of Ira Pressman, PJI Distribution Corp., Image Masters, Inc., et al., Bayard Sales Corp., Quatro Systems, Inc., Fabulous Fitness, Inc., Jay Rosenblum, Michael Carr, Philip Moldofsky, Ken Brumberger and Boyertown Auto Body Inc., all pending in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania. He also is representing the senior secured creditor in the bankruptcy case of Philadelphia Entertainment Development Partners as well as serving as special litigation counsel to the liquidating trustee for the Sheehan Pipeline Liquidating Trust in a D&O action pending in the District Court of Tulsa County, State of Oklahoma.
A Fellow of the American College of Bankruptcy, Mr. Kotler is also certified as a business bankruptcy specialist by the American Board of Certification and is frequent speaker on bankruptcy and creditors' rights issues. Mr. Kotler is a member of the American Bankruptcy Law Institute, a member and past Chairman of the Eastern District of Pennsylvania Bankruptcy Conference and a member of the Delaware Inn of Courts. He is currently an Executive Vice President of the Homeless Advocacy Project, a member and past President of the Consumer Bankruptcy Assistance Project as well as the Vice President of the Board of Trustees for the Gladwyne Library. Mr. Kotler has been listed in Chambers USA: America's Leading Business Lawyers since 2006, has been named a Super Lawyer by Philadelphia magazine since 2005 and has been listed in The Best Lawyers in America since 2009.
Admitted to practice in Pennsylvania, New York and Delaware, Mr. Kotler is a 1989 graduate of the Boston University School of Law and a 1986 graduate of the University of Pennsylvania.
- Represented Unilife Corp. (NASDAQ: UNIS / ASX: UNS) in connection with its announced effort to seek strategic alternatives, culminating in a strategic collaboration with Amgen Inc. (NASDAQ: AMGN) for Unilife's wearable injectable drug delivery systems to use with Amgen's biologics and other medicines. The deal provides Unilife with investments of up to $90 million from Amgen and restructures Unilife's existing debt with OrbiMed.
- Appointed by Judge Ashely Chan of the United States Bankruptcy Court for the Eastern District of Pennsylvania to mediate a long-standing dispute in In re William Tancredi, Case No. 14-15289. After several sessions, was able to facilitate an amicable resolution to a dispute between business partners that had been ongoing since 2008.
- Appointed by Judge Magdeline Coleman to mediate a dispute in the Leroy and Sheila Ellman bankruptcy case, Case No. 14-10648, and was able to broker a settlement of that dispute.
- In re Orleans Homebuilders, Inc.
- In re Neuromedical Systems, Inc.
- In re Zeigler Brothers, Inc.
- In re Trico Steel Company, LLC
- In re Bricolage Capital, LLC
- In re Highlands Insurance Group, Inc.
- In re Raymond Alexander
- In re USA Finance, Inc.
- In re Philadelphia Entertainment Development Partners
- In re Creative Group, Inc.
- In re Adelphia Communications Corp.
- In re VOC Analytical Laboratories, Inc.
- In re Boyertown Auto Body Works, Inc.
- In re Fabulous Fitness, Inc.
- In re Bayard Sales Corp.
- In re Ira Pressman and PJI Distribution Corp.
- In re Oldco M Corporation (f/k/a Metaldyne Corporation) (liquidating trustee)
- In re Bricolage Capital, LLC (liquidating trustee)
- In re EZ Lube, LLC (liquidating trustee)
- In re Trident, LLC
- In re Image Masters, Inc., et al.
- In re Arnold Schlein
- Represented Claims Recovery Group LLC, as assignee of Hormel Foods Corporation, in the AgFeed Industries Inc. bankruptcy cases and helped them collect on account of an assigned $2.8 million Hormel claim against the hog producer.
- Represented the landlord in the Fontana Automotive bankruptcy cases.
Creditors' Committee Counsel in the Chapter 11 Proceedings
Secured Creditor's Counsel
- New York
- U.S. Court of Appeals for the Second Circuit
- U.S. Court of Appeals for the Third Circuit
- U.S. District Court for the District of Delaware
- U.S. District Court for the Middle District of Pennsylvania
- U.S. District Court for the Eastern District of Pennsylvania
- U.S. District Court for the Southern District of New York
- U.S. District Court for the Eastern District of New York
- Boston University School of Law, J.D., 1989
- University of Pennsylvania, B.A., with honors in the major, 1986
- Duane Morris LLP
- Partner, 2001-present
- Buchanan Ingersoll, P.C., Philadelphia, Pennsylvania
- Shareholder, 2001
- Counsel, 2000
- Associate, 1993-1999
- Adelman Lavine Gold & Levin, P.C., Philadelphia, Pennsylvania
- Associate, 1991-1993
- Sprecher, Felix, Visco, Hutchison & Young, Philadelphia, Pennsylvania
- Associate, 1989-1991
- Fellow, American College of Bankruptcy
- Certified by the American Board of Certification in Business Bankruptcy Law
- Litigation Counsel of America
- Fellow, 2015-present
- American Bar Association
- Delaware Bar Association
- Pennsylvania Bar Association
- New York Bar Association
- Philadelphia Bar Association
- Eastern District of Pennsylvania Bankruptcy Conference
- Past Chairman
- Consumer Bankruptcy Assistance Project
- Board Member and Current President
- Executive Committee Member
- American Bankruptcy Law Institute
- Delaware Inn of Courts
Honors and Awards
Listed in U.S. News/Best Lawyers "The Best Lawyers in America," 2009-2019
Listed in Chambers USA: America's Leading Business Lawyers, 2006-2018
Listed in New York Metro Super Lawyers, 2018
Named a Pennsylvania Super Lawyer for Bankruptcy and Workout, 2005-2018
- Listed in Best Lawyers Greater Philadelphia, 2016
- Recipient of the 2010 Large Turnaround Award from the Turnaround Management Association
- Listed in Avenue magazine's Legal Elite, 2010 and 2011
- Listed in Super Lawyers, Corporate Counsel Edition, 2010-2011
- AV Preeminent® Peer Review Rated by Martindale-Hubbell®
- Board of Directors, Consumer Bankruptcy Assistance Project
- Award for Outstanding Volunteer Service, 1999, 2001
- Co-author, "The Liquidating Fiduciary Exception and Administrative Status," The Legal Intelligencer, August 17, 2017
- Co-author, "Post-Petition Interest In A Solvent Case: What Interest Rate Controls?" The Legal Intelligencer, August 18, 2016
- Author, "Critical Vendor May Be Absolute Defense to Preference Claim," Delaware Business Court Insider, November 18, 2015
- Author, "Fraudulent Transfer, Breach of Fiduciary Duty Claims Constitute Equitable Tolling," Delaware Business Court Insider, July 29, 2015
- Author, "Section 328 and Its 'Two-Way Ratchet'," Delaware Business Court Insider, March 25, 2015
- Author, "Section 1113 Applies to Expired Collective Bargaining Agreements," Delaware Business Court Insider, November 19, 2014
- Co-author, "Second Circuit's Significant Decision Could Impact Liquidating Trustees," Duane Morris Alert, August 28, 2014
- Author, "Dismissed for Improper Strategic Use of Motions," Delaware Business Court Insider, July 23, 2014
- Co-author, "Controlling Date of a Subsequent New Value Defense," Delaware Business Court Insider, March 12, 2014
- "U.S. Supreme Court Resolves Circuit Split in Bullock v. BankChampaign, N.A.," Duane Morris Alert, June 24, 2013
- Co-author, "Plaintiff Not Permitted to Toll § 548's Two Year Look Back Period," American Bankruptcy Institute Journal, April 2012
- Co-author, "District Court Reigns in Significantly Expanded 'Good Faith' Inquiry Obligation Under § 548(c) of the Bankruptcy Code," Norton Journal of Bankruptcy, April 2011
- Co-author, "Rangers', Coyotes' Asset-Purchase Agreements, Trumping Bankruptcy's Fundamental Goals?", American Bankruptcy Institute Journal, September 2010
- "Are Equitable Subordination and Disallowance Under 11 U.S.C.A. § 502(d) Attributes of a Claim or Personal Disabilities of the Claimant? An Analysis of Enron Corp v. Springfield Associates, LLC," Norton Journal of Bankruptcy Law and Practice, April 2008
- "From Investors Funding to Trenwick: Have We Come Full Circle with Respect to the Tort of Deepening Insolvency?", Norton Journal of Bankruptcy Law and Practice, August 2007 - Mentioned on the Bankruptcy Litigation Blog (http://www.bankruptcylitigationblog.com) as "Pick of the Month," May 2007
- "Claim Purchasers Beware: No Good-Faith Defense to Equitable Subordination," American Bankruptcy Institute Journal, February 25, 2006 - Mentioned on the Bankruptcy Litigation Blog (http://www.bankruptcylitigationblog.com) as "Pick of the Month," February 2006
Selected Speaking Engagements
Presenter, "Mock Appellate Argument on the Extraterritorial Impact of Avoidance Powers," American College of Bankruptcy, Wilmington, DE, February 19, 2019
Presenter, "Choose Your Own Ethics Adventure," Eastern District of Pennsylvania Bankruptcy Conference 29th Annual Forum, Philadelphia, January 18, 2018
Speaker, "Structuring Security Agreements and Managing Risks in an Insured's Bankruptcy Case," Risk Management Association, May 1, 2018
Presenter, "Professional Liability & Insurance Coverage for Failing to Discover/Disclose a Client's Fraud? Yes in Feldman v. Raggi & Weinstein (the Ira Pressman Ponzi Scheme) Updated," November 20, 2017
Panelist, 22nd Annual Bankruptcy Institute, presented cases from other Courts, January 2017
- Panelist, Supreme Court/Third Circuit Peer Review, Eastern District of Pennsylvania Bankruptcy Conference, January 21, 2011
- Speaker, "Chapter 11 Real Estate – Problems Facing Lenders, Developers and Other Borrowers In The Current Climate," 15th Annual Bankruptcy Institute sponsored by the Pennsylvania Bar Institute, April 22, 2010
- Speaker, "Stump The Experts," 14th Annual Bankruptcy Institute sponsored by the Pennsylvania Bar Institute, October 29, 2009
- Moderator and Co-panelist, "Private Equity vs. Hedge Funds," 6th Annual Distressed Investing Forum, February 27-28, 2008
- Co-panelist, "Officer and Director Duties Under Recent Delaware Case Law," sponsored by the Eastern District of Pennsylvania Bankruptcy Conference, October 30, 2007
- Co-panelist, "The Treatment of Pensions and Collective Bargaining Agreements in Bankruptcy," New Jersey Institute for Continuing Legal Education seminar, Newark, New Jersey, October 24, 2007
- Speaker, "Chapter 11 Confirmation Process," 12th Annual Bankruptcy Institute Sponsored by the Pennsylvania Bar Institute, September 25, 2007
- Speaker, "Current Trends, New Rules and Practical Strategies in Electronic Discovery," sponsored by the Eastern District of Pennsylvania Bankruptcy Conference
- Panel speaker, "The Swing of the Pendulum Chapter 11 After BAPCA," 2nd Annual Mid-Atlantic Bankruptcy Workshop, August 3-5, 2006
- Panel speaker, "Is Lender Liability Back? 'Deepening Insolvency' and Other Scary Topics," 10th Annual Southeast Bankruptcy Workshop, July 27-30, 2005
- Panel speaker and contributing materials author, "Deepening Insolvency: the 'Outlandish' Tort Affecting Professionals, Lenders, Insurers, Officers and Directors," 23rd Annual Spring Meeting of the American Bankruptcy Institute, April 29, 2005
- Panel speaker and contributing materials author, Annual Conference of Business Torts Subsection, Litigation Section, American Bar Association, Scottsdale, Arizona, April 13, 2004
- Presenter, "Pennsylvania Foreclosure and Related Bankruptcy and Title Issues," National Business Institute, Harrisburg, Pennsylvania, April 1, 2004
- "Debt Recharacterization and Equitable Subordination - A Lawyer's Ethical Obligations," Eighth Annual Bankruptcy Institute, Pennsylvania Bar Institute, Mechanicsburg, Pennsylvania, September 11, 2003
- Panelist, "Recent Challenges in Chapter 11 Practice in the Third Circuit," Fall Program of the Eastern District of Pennsylvania Bankruptcy Conference, Philadelphia, Pennsylvania, November 14, 2002
- Presenter, "Effective Mortgage Foreclosure Techniques in Pennsylvania." National Business Institute, Philadelphia, Pennsylvania, March 26, 2002
- Presenter, "Pennsylvania Foreclosure and Related Bankruptcy and Title Issues, National Business Institute, June 2001
- Presenter, "Fundamentals of Bankruptcy Law and Procedure," National Business Institute, Pennsylvania, March 2001