Stanley B. Tarr

Stanley B. Tarr
Partner
Finance

Biography

CHAIR, WILMINGTON OFFICE

Stanley Tarr concentrates his practice on bankruptcy and business reorganization matters. He represents debtors, creditors’ committees, hedge funds, institutional investors, asset purchasers, equipment lessors, and other interested parties across a wide range of industries, in connection with:

  • Chapter 11 cases and reorganizations
  • Out-of-court workouts and corporate restructuring
  • Debtor-in-possession financing
  • Creditors’ rights and remedies

Chambers USA notes that clients praise Stanley’s “intellect and stamina” and say that his “steady demeanor and strong substantive skills are a formidable combination.” Chambers sources also say that he “demonstrates good courtroom presence and enjoys a strong reputation” and that he “breaks down the complex nuances of bankruptcy law and Delaware practice in a way that clients can appreciate.”

Outside the Firm

Stanley coaches various youth sports in his community and provides pro bono services to the Healthy Kids Running Series.

Experience

  • NS8, as co-counsel to fraud prevention software company in its Chapter 11.
  • Allied Nevada Gold Corp., as co-counsel to debtors, a precious metals mining exploration, development and processing business.
  • Aéropostale Inc., as counsel to a member of the creditors’ committee in the Chapter 11 bankruptcy case of teen apparel chain.
  • Wet Seal LLC, as counsel to a member of the creditors’ committee in the 2015 Chapter 11 bankruptcy case of teen apparel retailer.
  • Performance Sports Group, as counsel to unsecured creditors’ committee in Chapter 11 bankruptcy case of manufacturer of Bauer Hockey, Easton Baseball, and other performance sports equipment and apparel, in conjunction with parallel cross border CCAA proceedings in Canada.
  • Radio Shack, Inc., as counsel to “first out” lenders in connection with $285 million debtor in possession financing.
  • Centaur, LLC, as counsel to the creditors’ committee in the Chapter 11 of a gaming business.
  • Friendly Ice Cream Corporation, as co-counsel to creditors’ committee in the Chapter 11 of a full-service restaurant chain and ice cream manufacturer.
  • Indianapolis Downs, LLC, as counsel to an ad hoc second lien committee in the Chapter 11 of a gaming business.
  • The Majestic Star Casino, LLC, as co-counsel to the creditors’ committee in the Chapter 11 of a gaming business.
  • Marco Polo Seatrade as counsel to creditors’ committee in Chapter 11 of a shipping line.
  • NewPage Corporation as co-counsel to second lien group in Chapter 11 of coated paper manufacturer.
  • The SCO Group, Inc., as counsel to the Chapter 11 trustee responsible for restructuring debtor in computer operating system and software business.

News & Views

See all News and Views

Recognitions

  • Bankruptcy/Restructuring Law, listed in Chambers USA
  • 2023–2025, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, listed in Best Lawyers in America©
  • 2017, Minority Business Leader Award, by Philadelphia Business Journal
  • 2001, Fellow, Leadership Council on Legal Diversity

Affiliations

Memberships

  • American Bankruptcy Institute
  • Delaware Bankruptcy American Inn of Court
  • New York State Bar Association
Professional Activities
  • Member, American Bankruptcy Institute

Credentials

Admissions

  • Pennsylvania
  • U.S. District Court - Eastern District of Pennsylvania
  • Delaware
  • New York
  • U.S. District Court - Delaware
  • U.S. District Court - Eastern District of New York
  • U.S. District Court - Southern District of New York

Education

  • University of Virginia, BA
  • Fordham University School of Law, JD

A description of the standard or methodology on which the accolades are based can be found here.

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