Barry Glaser's practice focuses on creditors' rights, insolvency and commercial litigation matters. His extensive experience includes the representation of creditors (secured and unsecured), debtors, creditors' committees, bankruptcy trustees and state court receivers. Mr. Glaser represents municipalities, counties and government agencies with regard to their bankruptcy related matters. His practice extends to counseling on creditors' rights and the restructuring and renegotiation of lending and financing arrangements. Mr. Glaser also represents corporate directors and officers concerning governance compliance issues.
Representative matters:
Mr. Glaser's experience has included the successful counseling of clients in the following representative matters:
- Represented the HCA hospital chain and the County of Los Angeles in The Johns Manville Chapter 11 involving $1 billion of potential asbestos claims.
- Represented American Savings, now known as Washington Mutual, in a seminal California case concerning equitable subrogation with regards to title preference issues.
- Acted as the partner in charge of a team of lawyers representing the resolution agent in the PMC/SLGH case, including a portfolio of secured loans in excess of $350 million.
- Represented Deutsche Bank concerning their secured debt in a hospitality Chapter 11 case involving hotel properties in four States.
- Represented the largest restaurant franchisee of Burger King operating 125 restaurants in six states, in a successful corporate reorganization.
- Represented five municipalities in the Orange County bankruptcy case.
- Represented officer of major international plastic injection molding company in connection with his severance package and alleged preference and fraudulent conveyance allegations.
- Represented real estate developer in an accounting dispute arising from the sale of an apartment building.
- Represents the County of Los Angeles in its due diligence regarding a provider of services that filed a Chapter 11 Bankruptcy proceeding.
- Represented the Los Angeles County Department of Public Works Water Division in the Ritter Ranch Chapter 11 Case. The case involved declaratory relief in the Bankruptcy Court and the Public Utilities Commission regarding the water systems agreement. The matters were settled shortly before trial affirming the County's right to water-reliability and related fees in excess of $30 million.
- Represented the County of Los Angeles in the Youth Intervention Program Chapter 11 case involving claims in excess of $4 million. The matter was resolved in mediation.
- Represented a major national chain of Bed and Bath Products in their acquisition of twenty locations in a bankruptcy proceeding in Charlotte, NC.
- Represents the County of Los Angeles in the Tri-City Chapter 9 Case.
- Represents the County of San Luis Obispo in the Los Osos Community Service District Chapter 9.
Publications and Speaking Engagements
Mr. Glaser's publications include "Personal Guarantees and Preferences," Callaghan's Bankruptcy Guide for Business Lawyers, and "Buying and Selling Distressed Property," Los Angeles Business Journal, September 1999. He has spoken at the International Symposium, Paris, 2003, at the National Business Institute Seminars 2002-2003 on "Creditor's Rights and Real Estate Issues in Chapter 11 and 7 Proceedings," at the IWS World Symposium in Paris, France, 2002 on "International Aspects of Sarbanes-Oxley and Corporate Governance," at the Turnaround Management Association, Bankruptcy Ethics, 2002, National Business Institute (NBI), at the Institute of Certified Bankers (ICB) on "Advanced Real Estate Law in California," held in Pasadena, California, 2002, and at the California Bankruptcy Forum, Education Committee, Monterey, California, 2001.
Mr. Glaser has lectured at numerous State Bar functions on bankruptcy related topics including the State Bar Section's Education Institute in Santa Monica (2006/2007) and the State Bar Annual Meeting in Monterey, California (2006).
Education
Mr. Glaser's education includes graduate work at the University of Kent, England, and he obtained his doctorate of laws at the Southwestern University of Law, Los Angeles, in 1976, where he received the Bancroft-Whitney Award in Constitutional Law. His undergraduate work was done at the University of Copenhagen, Denmark and California State University at Northridge, California.