Eric L. Scherling focuses his practice primarily on bankruptcy, insolvency, and creditors’ rights matters. Eric’s clients include Chapter 11 debtors, Chapter 7 trustees, and secured and unsecured creditors.
His bankruptcy litigation experience includes the prosecution and defense of preference, fraudulent transfer (including Ponzi “clawback” suits), equitable subordination, non-dischargeability, “bad faith filing” and automatic stay disputes, and the enforcement of parties’ rights under commercial contracts, real property leases, and intellectual property agreements.
Eric’s transactional experience includes representation of buyers and sellers in sales conducted pursuant to Section 363 of the Bankruptcy Code and Article 9 of the Uniform Commercial Code, advising on insolvency-related issues in the structuring and documentation of complex financing transactions, and, outside of bankruptcy, the negotiation and drafting of debt workout agreements on behalf of both borrowers and creditors.
He also advises a wide array of clients, including vendors, commercial landlords, and service providers on developing strategies to mitigate credit risks, and counsels insurers on a variety of issues related to bankruptcy and insolvency.
Eric received his bachelor of arts in history, magna cum laude and with high honors, from Haverford College in 1998, and was elected to membership in Phi Beta Kappa. Eric received his law degree in 2001 from the University of Pennsylvania School of Law, where he was awarded honors for legal writing.
- University of Pennsylvania Law School, J.D., 2001
- Haverford College, B.A., magna cum laude, 1998
BAR ADMISSIONS : New Jersey; Pennsylvania
COURT ADMISSIONS :
- Pennsylvania Supreme Court
- U.S. Bankruptcy Court — Eastern District of Pennsylvania
- U.S. Bankruptcy Court — Middle District of Pennsylvania
- U.S. Bankruptcy Court — New Jersey
- U.S. District Court — Eastern District of Pennsylvania
- U.S. District Court — Middle District of Pennsylvania
- U.S. District Court — New Jersey
- American Bankruptcy Institute
- Philadelphia Bar Association
Rate : $$$$