![David M. Powlen Bankruptcy Attorney Barnes Thornburg Law firm Delaware](https://www.natlawreview.com/sites/default/files/styles/author_profile/public/images/David-Powlen.jpg?itok=2Q_hDsOR)
David M. Powlen is a partner in the Wilmington, Delaware office of Barnes & Thornburg LLP. He is a member of the Corporate Department; the Finance, Insolvency and Restructuring Department; the Litigation Department; and the Real Estate Department. He is Co-Chair of the Asset Revitalization Practice Group, and a member of the Financial Institutions and Construction Law Practice Groups. He is former Chair of the Finance, Insolvency and Restructuring Department., and at various times has served as a member of the firm's Management and Non-Legal Affiliates Committees.
Practicing primarily in the areas of financing transactions, business bankruptcies, sales and reorganizations, and complex commercial litigation, Mr. Powlen represents clients in Chapter 11 cases before the bankruptcy courts in Delaware and throughout the United States. He has advised secured creditors, indenture trustees and bondholder groups, official committees of unsecured creditors, parties to leases, franchises, licenses and other types of contracts, debtors and equity holders, asset purchasers and financial sponsors of plans of reorganization, and defendants in adversary proceedings in which alleged preferential payments or other transfers are sought to be avoided. With over 25 years of experience as an attorney, he has led many additional types of assignments involving creditors’ rights, refinancings, restructurings, receiverships, out-of-court arrangements, and other special situations.
Mr. Powlen has served as Co-Chair of the Financial Advisors Committee and Co-Chair of the Investment Banking Committee of the American Bankruptcy Institute, Director for a regional chapter of the Turnaround Management Association, and in leadership positions for various other national, state and local organizations. He is listed in The Best Lawyers in America, and is a Certified Insolvency & Restructuring Advisor (a designation of the Association of Insolvency & Restructuring Advisors).
More Legal and Business Bylines From David M. Powlen
- Mistaken Termination of Financing Statement Proves Costly to Lender - (Posted On Thursday, December 11, 2014)
- Whose Burden Is it to Check for Mistakes in UCC Filings? Delaware Supreme Court Flips Bankruptcy Court’s Ruling in GM Bankruptcy Case - (Posted On Thursday, November 06, 2014)
- Supreme Court’s Decision in Bellingham Leaves Key Stern v. Marshall Questions Unanswered - (Posted On Friday, June 13, 2014)
- Legal Drama in the Motor City: Detroit is Eligible to Commence a Chapter 9 Case - (Posted On Thursday, December 12, 2013)
- Supreme Court Leaves Standing Seventh Circuit’s Opinion in Favor of Lender Client - (Posted On Wednesday, October 09, 2013)
- A Preliminary Road Map to the Chapter 9 Bankruptcy of the City of Detroit - (Posted On Friday, July 19, 2013)
- Chapter 15: An Effective Aid to Foreign Administrators and Creditors for Collecting and Liquidating Assets in the U.S. - (Posted On Thursday, June 27, 2013)
- Supreme Court Upholds Ability of Successful Fair Debt Collection Practices Act (FDCPA) Defendant to Recover Costs - (Posted On Tuesday, April 09, 2013)
- SEC Secures Largest-Ever Settlement for Insider Trading Case - (Posted On Friday, March 22, 2013)
- SLHCs and Thrifts: New Filing Requirements - (Posted On Tuesday, April 17, 2012)