L. John Bird
John represents clients in corporate restructuring and complex bankruptcy matters, including the Chapter 11 process.
Before Fox Rothschild
Prior to joining the firm, John handled complex bankruptcy matters as a bankruptcy associate with a Delaware-based law firm. He also was a summer associate with a regional firm in Philadelphia, where he assisted in a real estate investment trust (REIT) security offering involving more than 20 properties.
While in law school, John interned with the Philadelphia Volunteer Lawyers for the Arts, assisting low-income artists with intellectual property law issues. He also served as technology editor and associate editor for the university’s Journal of Business and Employment Law.
Prior to law school, John was an instructor and tutor at PowerScore, where he taught students logic and time management techniques for the LSAT and GMAT. In addition, he was an intern with Unitus, an international nonprofit organization that promotes market-based solutions to global poverty.
Delaware Bankruptcy Litigation Blog
John shares his knowledge of Delaware bankruptcy proceedings in a blog entitled, "Delaware Bankruptcy Litigation." He offers his take on corporate bankruptcy proceedings not only in Delaware but throughout the United States, as well as industry insight on topics such as preference litigation, tenant bankruptcy and defending avoidance litigation.
A Preference Reference: Common Issues that Arise in Delaware Preference Litigation
Under Chapter 5 of the Bankruptcy Code, a trustee, debtor or assignee of the debtor may recover payments made by the debtor during the ninety days prior to the commencement of a bankruptcy proceeding. The policy behind allowing plaintiffs to bring preference claims is twofold: (i) to discourage creditors from aggressive attempts at collecting from a debtor and (ii) to distribute assets evenly among all creditors by recovering payments that constitute “avoidable transfers.”
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