Marc E. Shach - of Counsel

Marc E. Shach works with businesses, financial institutions and individuals in all matters related to debt restructuring and collection, both inside and outside of bankruptcy.  He has extensive experience representing both creditors and debtors in these complex insolvency matters.  He also routinely provides representation for businesses and transactional matters, as well as commercial litigation.

 

Mr. Shach has appeared before bankruptcy courts across the county on behalf of financial institutions and Fortune 500 companies.  He has been successful in confirming Chapter 11 plans for businesses of all sizes and for individuals.  The vast majority of Chapter 11’s filed by Mr. Shach have resulted in plans being confirmed.

 

He represents creditors in both state court and bankruptcy proceedings.  He has considerable experience in confessed judgments, receiverships, fraudulent conveyance litigation, motions for relief from the automatic stay, cash-collateral and DIP financing, executory contracts (including leases), preference actions, discharge and dischargeability litigation, disclosure statement and complex confirmation issues, first-day motions and creditors committees.

 

Mr. Shach was admitted to the practice of law in Maryland in 1989.  He was admitted to the U.S. District Court (District of Maryland) in 1990, the U.S. Court of Appeals (Fourth Circuit) in 1992, and the U.S. Supreme Court in 2000.  He earned his Bachelor of Arts degree in 1986 from Towson University.  In 1989, he  earned both his Master’s in Business Administration and Juris Doctor degrees from the University of Baltimore.

 

During his career, Mr. Shach served as an adjunct faculty member of the University of Baltimore School of Law, teaching its upper-level Business Bankruptcy course.  He also served as a trial attorney for the U.S. Department of Justice, Office of the U.S. Trustee.

 

He was Staff Editor for the Fourth Circuit and District of Columbia Bankruptcy Law Reporter, 1990-1991; co-author of “The Equitable Subrogee vs. The Bankruptcy Trustee” in the American Bankruptcy Institute Journal in 1997; and author of “Foreclosures and Repossession in Maryland, How to Do It Right.” for the National Business Institute, Inc. in 1990.

 

Mr. Shach has spoken on numerous bankruptcy and insolvency related topics locally and nationally. He is AV Rated (Preeminent) by Martindale Hubbell and a long time member of the American Bankruptcy Institute.

 

Mr. Shach has served as chairman of the Baltimore Chapter of the Bankruptcy Bar Association of Maryland and now serves as a member of its Local Rules Committee.  He does pro bono representation for indigent debtors and war veterans and has served as a member of the Board of Directors of the Maryland Pro Bono Resource Center.