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Bankruptcy and Creditors Rights

Bankruptcy and Creditors Rights


Our Bankruptcy and Creditors Rights Practice Group handles all types of bankruptcy­ and insolvency-related matters for creditors in bankruptcy cases, assignments-for-the­ benefit-of-creditor proceedings, out-of-court restructurings, workouts, and debt counseling. The attorneys in our Bankruptcy and Creditors’ Rights Practice Group have decades of experience litigating in the state and federal courts on behalf of banks and other creditors. We appear on behalf of our clients in federal courts, both Bankruptcy and the District Courts, and various state courts on behalf of secured and unsecured creditors on a wide variety of matters, including commercial and residential mortgage foreclosures, UCC Article 9 foreclosures and collection actions, as well as preference and fraudulent transfer litigation.


We regularly represent banks in all aspects of asset recovery including:

  • Enforcement of security interests
  • Foreclosure of mortgages
  • The appointment of rent receivers


We have experience in all aspects of bankruptcy and insolvency litigation on behalf of creditors and other interested parties including:

  • Cash Collateral and DIP Financing Orders
  • Stay relief
  • Rejection and assumption of leases and other executory contracts
  • Litigation of administrative and unsecured claims
  • Defense of preference claims.
  • Prosecution and defense of fraudulent transfer actions
  • Prosecution of nondischargeability claims against debtors
  • Advising clients on their rights in bankruptcy cases; including the rights of landlords with tenants in bankruptcy, reclamation claims and purchase of assets from debtors.

We also represent clients in financial distress and provide them with advice and representation in dealing with their creditors. The attorneys in our Bankruptcy and Creditors’ Rights Practice Group also have extensive experience representing debtors in workouts, Chapter 7 liquidations, Chapter 11 reorganization cases and state court insolvency remedies.

August 20, 202015 Mandelbaum Salsburg Attorneys Selected for the 2021 Edition of The Best Lawyers in America


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June 19, 2019Jeffrey Rosenthal Serves as Legal Advisor in Recent AUA Private Equity Partners LLC Acquisition

Mandelbaum Salsburg's Banking and Financial Services Group, led by Co-Chair Jeffrey Rosenthal served as a legal advisor in the recent AUA Private Equity Partners LLC acquisition of the assets of TruFood Mfg., Inc., a leading snack food contract manufacturer....

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September 5, 2018Stuart Gold Appointed as Chair of the District VC Fee Arbitration Committee

Congratulations to Stuart Gold, Co-Chair of the Firm's Bankruptcy and Creditors Rights Practice, who has been appointed as Chair of the District VC Fee Arbitration Committee for the 2018-2019 term. The District Fee Arbitration Committees are appointed by the Supreme Court of New Jersey to screen, hear and decide disputes by clients over legal fees. Clients who want to challenge a fee charged by an attorney may initiate an arbitration by filing a demand for arbitration with the Committee. As Chair, Stuart's primary responsibility is to oversee the assignment and resolution of cases....

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13 Feb2017 Mandelbaum Salsburg Year in Review

We are pleased to share our 2017 Year in Review which highlights some of the Firm's notable successes during the last year. We are thankful to our clients who have allowed us to continue doing what we love. We continue to expand our practice areas and bench to reflect our clients needs....

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2 NovJeffrey Rosenthal to Present at CFA's Annual "Advanced Legal Issues Workshop" Dec 5-7

Jeffrey M Rosenthal, a Member in the Firm and Co-Chair of its Banking and Financial Services and Bankruptcy and Creditors' Rights Practice Groups will be speaking at the CFA's "Advanced Legal Issues Workshop" on December 5-7 in New York City. This course is eligible for 19 CPE credits....

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29 SepJeffrey Rosenthal Interviewed in Clear Viewpoints Industry Insight Publication

Jeffrey M Rosenthal was recently interviewed by Stu Kessler of the Clear Thinking Group for the Clear Viewpoints section of their industry insights publication where he discussed both personal and professional aspects of his career and offered tips for those facing bankruptcy in today's legal landscape. Check out the full interview here:

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25 SepMandelbaum Salsburg to Host NJCFA "Yo-Pro Financial Planning Seminar"

Mandelbaum Salsburg is pleased to host the NJCFA's "Yo-Pro Financial Planning Seminar: A Real Life Road Map for Your Future" on October 12th!...

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15 AugSeven Mandelbaum Salsburg Attorneys Recognized By Their Peers In Best Lawyers in America 2018

We are proud to announce that 7 of our attorneys were selected to The Best Lawyers in America© 2018 edition*. Inclusion on this list of the top practitioners in various areas of practice across the United States is an honor as it is bestowed by fellow attorneys. Best Lawyers* is regarded as one of the most respected peer-review publications in the legal profession....

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6 JanJeffrey Rosenthal Joins Mandelbaum Salsburg as Co-Chair of Bankruptcy and Creditors Rights and Banking and Financial Services Practices

ROSELAND, N.J., Jan. 6, 2017 – Mandelbaum Salsburg P.C., one of New Jersey’s most renowned and respected law firms, announced today that Jeffrey M. Rosenthal has joined the Firm as Co-chair of both the Bankruptcy and Creditors Rights and the Banking and Financial Services practice...

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