Debtor and Creditors Rights Business Reorganization
For the past 30 years, Larry Lesnik’s practice has consisted of representation of all parties in interest in both corporate and personal bankruptcy matters, including extensive representation of debtors in Chapter 11 and Chapter 7 cases, Chapter 11 trustees, Chapter 7 trustees, official committees of unsecured creditors, individual creditors and assignees in assignments for the benefit of creditors. As part of such representations, he has appeared on scores of occasions before the entire Bankruptcy bench in New Jersey, including numerous trials.
Larry has prosecuted avoidance claims for trustees, debtors and Assignees in many large cases and has resolved thousands of such matters on a consensual basis leading to the recovery of millions of dollars for the subject estates. While more frequently representing the plaintiff in such matters, he has also aggressively (and successfully) defended numerous defendants in avoidance actions with an ability to identify all possible defenses in order to seek expeditions – and thus less costly – settlements for his clients.
As counsel to Chapter 11 debtors, Larry has obtained approval to sell tens of millions of dollars of assets to third parties and has confirmed numerous plans of reorganization – whether consensual or over the objection of creditors. During his career, he has proven to be reliable, sensible and hard working with a sound understanding of practical realities and an eye on the bottom line, allowing him to work effectively with other counsel to try to reach mutually acceptable solutions to complex issues.
Larry has lectured on various subjects for the New Jersey Institute of Continuing Legal Education and at the William H. Gindin Bankruptcy Bench Bar annual conference. He has been very active in pro bono efforts, receiving an Equal Justice Medal from LSNJ in 2006 and more recently providing an array of services to Volunteer Lawyers for Justice including lecturing, consulting and mentoring.
Outside the office, Larry can frequently be found on basketball and tennis courts or softball fields throughout northern New Jersey.
Duke University, Durham, North Carolina, B.A., 1971
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Rabinowitz, Lubetkin & Tully, LLC is a seven (7) lawyer firm that focuses its practice in the areas of bankruptcy, civil litigation, and commercial real estate. RLT’s attorneys are leaders in their field. Chambers USA, which lists America’s leading lawyers for business, and is a highly-respected legal directory based on in-depth interviews with in-house counsel and private practice attorneys, recently ranked RLT ahead of many larger well-respected firms. RLT was described as "deliver[ing] effective, timely and beneficial services that yielded favorable results." RLT was also noted as "hav[ing] tremendous knowledge and [the ability to] do timely and efficient work."