Biography

When a bankruptcy is especially difficult — when the level of distress is especially severe or the acrimony particularly toxic — Joe Barry brings a calm affability to the proceedings. Known for his creative approaches to the most challenging restructuring problems, out-of-state lawyers seek Joe’s counsel when more traditional solutions are deemed inadequate.

As Delaware co-counsel, Joe represents debtors and creditors in both in-court and out-of court restructurings. His non-Delaware colleagues consider him an integral part of their legal and financial team, relying on him for substantive input and canny analysis at every stage in the process. He helps them understand how the courts are likely to rule on substantive issues of Delaware law, and he participates fully in their strategic decisions and overall legal thinking.

Joe relishes the aspects of a case that bring people together in the same room, whether with colleagues, clients, adversaries, or officials. He feels that the personal contact is conducive to finding the optimal solution — ultimately a win-win for all parties.

FOCUS:

  • All aspects of in-court and out-of-court corporate restructuring processes, including debtors, official committees, foreign representatives, lenders, secured and unsecured creditors, ad hoc groups and purchasers

  • Industries include energy, retail, health care, banking, telecommunications, real estate, insurance, hospitality, aviation, textile and manufacturing industries

APPOINTMENTS:

  • Appointed by the United States Bankruptcy Court for the District of Delaware to its panel of mediators

WRITING:

  • Articles on corporate restructuring and insolvency topics have appeared in, among other publications, The American Bankruptcy Institute Journal and The Association of Insolvency Restructuring Advisors Journal

Education

  • Syracuse University College of Law  (J.D., cum laude)
  • St. John Fisher College  (B.A.)

Bar Admissions

  • Delaware
  • New York

Court Admissions

  • U.S. Bankruptcy Court for the District of Delaware
  • U.S. Court of Appeals for the Third Circuit
  • U.S. District Court for the Southern District of New York
  • U.S. Bankruptcy Court for the Northern District of New York
  • U.S. Supreme Court

Distinctions

  • Recognized by The Best Lawyers in America© for his “high caliber of work in the practice area[s] of Bankruptcy”
  • Named in 2011 as an “Outstanding Young Restructuring Lawyer” by Turnaround & Workouts – the first Delaware attorney to receive that distinction, and one of only twelve restructuring lawyers named nationwide
  • Named “Forty Under Forty Recognition Award” finalist presented by The M&A Advisor to “recognize the emerging industry leaders” who were “chosen for their accomplishments and expertise”
  • Named a “Top Bankruptcy Lawyer” by The Deal
  • Recognized — with the restructuring team for Altegrity, Inc. and its affiliates — as participant in 2016 Pre-Packaged Restructuring of the Year by the Turnaround Atlas Awards
  • In 2015, represented North American Bancard as the purchaser of substantially all of the debtor’s assets in In re: Phoenix Payment Systems, Inc. which was named by The M&A Advisor as the Distressed M&A Deal of the Year and was named the Special Situation M&A Deal of the Year by the Turnaround Atlas Awards
  • In 2014, led a restructuring team lead that was awarded The Turnaround Atlas Award by The Global M&A Network in the Real Estate & Services category for the successful restructuring of The PMI Group
  • Key member of the Eastman Kodak restructuring team that was honored by The Turnaround Management Association as the 2014 Mega-Company Turnaround of the Year
  • Lead partner in the In re Trade Secret, Inc. chapter 11 bankruptcy case, which was awarded The M&A Advisor’s Turnaround of the Year Award in the consumer and retail products sector

Memberships and Affiliations

  • Delaware State Bar Association, Bankruptcy Law Section
  • American Bankruptcy Institute
  • Bar Association of the Third Federal Circuit
  • Board of Directors, Justinian Order, St. John Fisher College
  • American Bar Association, Business Law Section, Litigation Section
  • INSOL International
  • Federal Bar Association
  • Turnaround Management Association 

Clerkships

  • Honorable Stephen D. Gerling, (Ret.) Chief Judge, U.S. Bankruptcy Court for the Northern District of New York