American Bankruptcy Institute Features Elliott Greenleaf Lawyers

The lead article in the May 2008 American Bankruptcy Institute Journal, Unauthorized or Authorized Practice of Law by Transactional Out-of-State Lawyers in Delaware?, featured the Firm’s Wilmington office’s extensive and creative bankruptcy and commercial litigation practice. (pdf file – 172k)

Rafael X. Zahralddin, William M. Kelleher and Neil R. Lapinski were recognized for authoring this article of significant importance to lawyers who, without being members of the Delaware Bar, may advise their clients on Delaware law.

For example, in-house and outside corporate counsel for Delaware entities may express opinions or provide legal advice to their Delaware client without being admitted to practice in Delaware. This article identifies the pitfalls and concerns for these lawyers based on recent Delaware caselaw.

The Firm’s Delaware office is uniquely positioned to provide attorneys rendering advices to Delaware entities concerning the governing Delaware Law, with the necessary advice to comply with these standards, before the entity and its non-Delaware lawyer inadvertently stumble into Delaware judicial review and possible sanctions.

The American Bankruptcy Institute distributed this article to judges, lawyers, credit managers and bankers throughout the financial world.