L. Jason Cornell

Partner

 

Jason's practice includes representing a broad range of clients in bankruptcy matters before the U.S. Bankruptcy Court, District Court, and the Third Circuit. He represents local, regional, and national clients including:

• commercial landlords
• defendants in preference litigation
• bankruptcy trustees
• asset managers
• lenders and equipment lessors
• insurers
• plaintiffs in civil actions seeking relief from stay

In addition to his bankruptcy practice, Jason focuses his practice on commercial litigation matters in the Delaware state and federal courts including:

• breach of contract
• insurance coverage litigation
• antitrust litigation
• mechanic's lien actions
• D&O liability
• securities litigation

Before Fox Rothschild

Jason was Vice President in the Private Client Division of Bernstein Global Wealth Management, a $700 billion dollar asset manager. Jason's responsibilities included advising families and institutions, as well as their respective trusts, foundations, endowments, and pension plans.

Beyond Fox Rothschild

Jason volunteers with the Delaware Office of Child Advocate, Grandparents United of Delaware, and the Democratic Party of Delaware. He and his family live in Brandywine Hundred.

Client Resources

Delaware Bankruptcy Litigation Blog
Jason 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.
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South Florida Trial Blog
To successfully navigate South Florida’s court system, it’s key to have a trusted team of experienced trial litigators to help you tackle complex legal issues throughout the region. Attorneys in our West Palm Beach office possess extensive knowledge of the commercial litigation, corporate bankruptcy and other issues that wind their way through the courts in South Florida. Their blog provides informed analysis and insight into cases, decisions, rules and other matters that could impact your company's claims and defenses in civil courts, bankruptcy courts and other forums.
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The Commercial Landlord's Bankruptcy Desk Reference
As the economy fluctuates, tenant bankruptcies become a greater risk for commercial landlords. Yet some landlords are not familiar with the rights provided to them under the Bankruptcy Code, nor are they aware of the protections provided to a tenant in bankruptcy. For example, certain lease provisions are unenforceable once a tenant files for bankruptcy. Should a landlord attempt to exercise its rights under the lease without first seeking approval from the bankruptcy court, the landlord may be subject to strong sanctions. This booklet provides landlords with the questions and answers they should consider when a commercial tenant files for bankruptcy.
Download Desk Reference (pdf file)

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.”
Download ebook (PDF file)

Financial Restructuring & Bankruptcy