Richard Weltman

Co-chair, Creditor\'s Rights and Bankruptcy Law Practice Group @Falcon Rappaport & Berkman LLP

New York, NY, US

Handles high-stakes commercial disputes including business divorce and private company and professional service firm shareholder, partner and member disputes. Engagements extend to asset purchase and sale, contract breach, fraud, fiduciary defalcation, dissolution and winding up, partner buy-out and buy-in, transfer and conveyancing, expulsion, severance, separation, exit strategy, voting rights, dilution, operations, indemnification, and governance. Crisis manages and resolves troubled asset and commercial disputes of all types. Advises creditors, debtors, clawback targets and defendants, committees, trustees, and fiduciaries on asset recovery, replevin, preference, fraudulent conveyance, turnover, avoidance, defenses and counterclaims, stalking-horse bidding, public and private auctions, purchases and sales, workouts, turnarounds, motion practice, mediation, and litigation in bankruptcy cases under chapter 7, chapter 11, and chapter 13. Keenly understands asset protection, MCAs, factoring, secured lending, DIP lending, proofs of claim, priorities, confirmation, release, lease modification, assignment, and rejection. Strives to improve outcomes via ADR forums when available and beneficial.Trusted advisor and counsellor to stakeholders impacted by insolvency or financial distress of others, including creditors, investors, customers, suppliers, contract partners, owners, and tenants. Sought after first-chair litigator in the state, federal, and bankruptcy courts of New York and New Jersey. Solution oriented and responsive. Respected negotiator and rights enforcer. Persuasive communicator. Expertise extends to equitable and injunctive relief, judgment enforcement, personal guaranty, collection, recovery, consignment, receivership, restructuring, secured and unsecured lending, Uniform Commercial Code, state court assignment for the benefit of creditors, contract, lease, note, and loan modification, and commercial foreclosure.

The Ohio State University

BA, Journalism and Public Relations

Delaware Law School of Widener University

JD, cum laude, Law