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Paul Possinger

Proskauer Rose LLP

Paul V. Possinger is a partner in the Business Solutions, Governance, Restructuring & Bankruptcy Group who focuses his practice on corporate reorganization, creditors’ rights and bankruptcy matters.

Paul primarily represents financially troubled entities and senior, second lien and mezzanine lenders, in and out of bankruptcy, in debt restructuring and reorganization, workouts, asset and going-concern sales, and litigation.

He has acted as lead counsel to distressed borrowers, Chapter 11 debtors, official creditor and equity committees, boards of directors and other fiduciaries, hedge funds and fund investors, lenders, and repurchase counterparties in a variety of bankruptcy and insolvency matters.

Paul’s representations have involved negotiation and confirmation of plans of reorganization, prepackaged and prearranged bankruptcies, out- of-court debt-for-equity exchanges, debtor-in-possession financing and cash collateral arrangements and disputes, hedge fund redemption disputes and hedge fund insolvencies, asset divestitures under section 363 of the Bankruptcy Code, foreclosures under Article 9 of the UCC, orderly liquidations, preference and fraudulent conveyance litigation, distressed debt trading, and other distressed situations.

He also has represented warehouse and repurchase lenders and subprime mortgage investors in a variety of insolvency matters relating to the recent subprime lending and financial market crises.

Recently, Paul served as litigation counsel for individual principals of a nursing home investment company in a hotly-contested, high-profile adversary proceeding in the U.S. Bankruptcy Court in Tampa, Florida involving a leveraged buyout transaction. He obtained dismissal with prejudice of the primary counts of alter ego, veil-piercing and successor liability counts against our clients.

In addition to restructuring and insolvency matters, Paul has represented secured lenders and borrowers in numerous senior and mezzanine financings, including structured finance, asset-based and real estate transactions.

Paul is often recognized as a leading lawyer by publications such as Chambers USA. In the most recent edition of the rankings, clients praise Paul, noting, “The work product that he turns out on relatively short notice has been exceptional.” Currently, Paul is engaged in two of the most significant bankruptcy cases in the country.

Education :

  • College of William and Mary, Marshall-Wythe School of Law, J.D., 1993
  • LaSalle University, B.A., 1990

Admissions & Qualifications : Illinois

Court Admissions : U.S. District Court, Illinois, Northern District

Memberships : American Bankruptcy Institute (Asset Sales Committee Member Relations Director)

Cost

Rate : $$$

What types of cases Attorney Paul Possinger & Proskauer Rose LLP can handle?
Proskauer Rose LLP can handle cases related to laws concerning Corporate, Litigation, Business, Bankruptcy. We manually verify each attorney’s practice areas before approving their profiles and reviews on our website.
Where is Proskauer Rose LLP located?
Proskauer Rose LLP is located at 100 Oliver St, Boston, MA 02110, USA. You can reach out to Proskauer Rose LLP using their phone line 312.962.3570. You can also check their website proskauer.com or email them at ppossinger@proskauer.com.
How much would it cost to hire Proskauer Rose LLP?
Paul Possinger lawyer charges are specific to each case. However, they work with contingency fees and its ranges from $$ to $$$. They also provide free consultation [and no obligation quotes] if you are interested to hire.
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Proskauer Rose LLP
100 Oliver St, Boston, MA 02110, USA
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