
Timothy P. Palmer concentrates his practice on creditors’ rights, bankruptcy, commercial loan restructuring and insolvency issues. Tim primarily represents secured lenders, including commercial banks and special servicers, in connection with commercial loan workouts.
Tim’s practice includes bankruptcy, receiverships, foreclosures, Article 9 sale transactions and collecting and enforcing judgments. He also represents asset-based lenders in commercial-loan transactions. Tim has experience drafting and negotiating intercreditor agreements in connection with first-lien/second-lien transactions, mezzanine financing and equity-sponsored debt.
Tim’s professional experience includes:
- Assisted a foreign purchaser in acquiring foreign operating subsidiaries of a U.S.-based magazine publisher in a private Section 363 sale.
- Obtained the reversal of a trial court’s decision discharging a guaranty of a $66 million loan following the borrowers’ bankruptcy restructuring creating precedent for lenders in Pennsylvania.
- Represented the purchaser of an $8 million secured loan in a contested Chapter 11 bankruptcy involving a hotel. The debtor threatened to cram-down the note-holder through a multi-year repayment plan. Tim was able to secure a dismissal of the bankruptcy which led to a favorable settlement for his client.
- Represented a large regional bank in an Article 9 asset sale and new credit facility which successfully preserved the going-concern value of a distressed manufacturer.
Education:
- State University of New York at Buffalo, J.D., 2000, magna cum laude
- Canisius College, B.A., 1997, summa cum laude, Political Science
Admissions:
- Pennsylvania
- West Virginia
- U.S. District Court for the Southern District of West Virginia
- New York
- Ohio
- U.S. District Court for the Northern District of Ohio
- U.S. District Court for the Southern District of Ohio
Cost
Rate : $$$
What types of cases Attorney Timothy P. Palmer & Buchanan Ingersoll & Rooney PC can handle?
Buchanan Ingersoll & Rooney PC can handle cases related to laws concerning Banking, Litigation, Foreclosure, Bankruptcy. We manually verify each attorney’s practice areas before approving their profiles and reviews on our website.
Where is Buchanan Ingersoll & Rooney PC located?
Buchanan Ingersoll & Rooney PC is located at One Oxford Centre, 301 Grant St #20th+floor, Pittsburgh, PA 15219, USA. You can reach out to Buchanan Ingersoll & Rooney PC using their phone line 412 562 8413. You can also check their website bipc.com.
How much would it cost to hire Buchanan Ingersoll & Rooney PC?
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