Andrew C. Kassner
About
Experience
- Represented Agent of senior lenders in $350 million secured facility in the chapter 11 case of Philadelphia Newspapers.
- Represented Agent of senior lenders syndicate in restructuring of lending facilities in excess of $500 million to debt collection company.
- Represented Agent of senior lenders in restructuring of Philadelphia-based iconic brand snack and cake manufacturing company.
- Represented Agent for secured lenders in out-of-court restructuring of largest independent radio station in Philadelphia.
- Represented Citizens Bank, N.A. as lender in Oz Gas Co. and affiliates chapter 11 cases in Pennsylvania.
- Represented super regional commercial bank in out-of-court restructurings of loans in aggregate amount in excess of $400 million.
- Represented lenders in resort bankruptcy and receivership hospitality cases of Mount Airy Lodge, Mountain Laurel Resort, and Split Rock Resort.
- Represented debtor in Plumbing Holdings Corp. chapter 11 case in Delaware.
- Represented energy industry debtor in out-of-court restructuring involving environmental liability claims exceeding $1 billion.
- Represented insurance company holding company debtor in chapter 11 case of The Mixx Group, Inc.
- Representation of a dozen portfolio debtor companies in restructurings on behalf of two mid-Atlantic-based private equity sponsors.
- Represented debtor in out-of-court restructuring of Midwest homebuilder with over $400 million in debt.
- Co-counsel to debtor in chapter 11 cases of American Safety Razor Corporation in Delaware.
- Acts as national creditors’ rights counsel to Penske Truck Leasing Co., L.P., the nation’s second largest truck leasing company.
- Acted as national creditors’ rights counsel to DVI, Inc., a specialty medical lender, in over 100 medical diagnostic center restructurings and bankruptcy cases.
- Acted as national real estate loan restructuring counsel for one of 10 largest savings banks in the country in connection with more than 100 commercial real estate credits totaling over $1 billion.
- Represented General Electric Capital Company as lender in out-of-court restructurings and chapter 11 cases, including but not limited to American Appliance Co., PDC Solutions, Inc., Fleming Companies, AAI Pharma, Independence Air, Focal Communications, Norvergence, CoreComm New York, and JL French Automotive Castings, Inc.
- Acted as counsel to Official Committee of Unsecured Creditors in Ad National, Inc. chapter 11 case.
- Acted as counsel to Official Committee of Unsecured Creditors in prima facie chapter 11 case.
Recognitions
Fellow, American College of Bankruptcy; Inducted 2006
Chambers USA, Pennsylvania, one of two “Star Individuals”, Bankruptcy/Restructuring (2012–2018)
Appearance, CNN’s Managing with Lou Dobbs on issues in bankruptcy
Featured as a speaker on panels sponsored by the:
- American Bankruptcy Institute
- Strategic Research Institute
- National Business Institute
- Turnaround Management Association
- Practising Law Institute
- Legal Labs
Amazing Practitioner…is praised as a trusted adviser, a great tactician and a very results oriented guy. Clients note that he 'knows the Bankruptcy Code inside out and has excellent business sense.'
–Chambers USA (2014)
Chair and CEO of the firm Andrew Kassner is highly praised by clients, one of whom comments: ‘He has amazing business acumen. We look for someone who is not just good with the law, but has an understanding of the commercial side, and he really gets it,’ adding: ‘He's one of my go-to guys for anything we have that's complicated.’
–Chambers USA (2017)
Pennsylvania, Bankruptcy/Restructuring
Star Individuals
Chambers USA (2012-2018)
Credentials
Bar Admissions
- Delaware
- New York
- Pennsylvania
Education
- New York Law School, J.D., 1983, cum laude
- University of Pennsylvania, B.A., 1980
Organizations
- Delaware Bar Association
- Pennsylvania Bar Association
- Philadelphia Bar Association, Bankruptcy Section, Co-Chair
- Eastern District of Pennsylvania Bankruptcy Conference
- American Bankruptcy Institute
- Consumer Bankruptcy Assistance Project, Board Member