Leon Barson is a partner in the Finance, Restructuring and Bankruptcy group of Blank Rome LLP. Leon routinely represents companies in significant bankruptcies and restructurings, and has guided corporate debtors, investors, and acquirers alike in connection with a number of Chapter 11 cases, out-of-court debt refinancings, and acquisitions of troubled companies. His distressed M&A experience has involved a wide variety of industries, including automotive, telecommunications, broadcast, healthcare, manufacturing, hospitality, real estate, apparel, and retail. He also counsels boards of directors and senior management with respect to their duties and obligations to financially-challenged companies. He represents private equity sponsors and portfolio companies in restructuring existing credit facilities and strategic dispositions to pay down indebtedness. In addition, Leon has extensive experience representing distressed healthcare providers and facilities in out-of-court workouts and bankruptcy proceedings, as well as buyers and investors interested in acquiring or investing in distressed healthcare facilities.
Leon has developed a substantial reputation for evaluating and advising clients on a variety of complex, high-stakes disputes in the creditors’ rights arena. He has been engaged to provide advice to individuals and business enterprises alike on some of their most sensitive and challenging matters. He successfully represented a leading owner and operator of community-focused hospitals in a multi-million dollar post-closing escrow dispute arising out of the client’s $150 million acquisition of a large hospital under Section 363 of the Bankruptcy Code. In addition, Leon successfully represented a Chapter 7 Trustee who faced possible removal from the panel of trustees based upon alleged conflicts of interest in a high profile bankruptcy case. After a multi-day trial and extensive briefing on the legal issues, the Bankruptcy Court ruled in favor of the Trustee.
Leon has been recognized as a leading lawyer in Chambers USA every year since 2005. He won acclaim for his ability to “get to the right result in the most practical and efficient way” and was recognized as “a very smart lawyer. He is practical and his people skills are outstanding – both with clients and with other lawyers.” He was also applauded for being a “terrifically intelligent debtor attorney” with a “special talent for turning a destructive situation into a productive solution.” Clients “praised [him] for his performance both in and out of court, his thorough approach and excellent negotiating skills” and, further, as “an impressive lawyer with significant market profile.”
In addition, Leon has authored numerous articles about issues impacting Chapter 11 cases. He is also a contributing author to Commercial Bankruptcy Litigation (West, 2009). Leon speaks frequently on a variety of subjects related to business reorganization.