William J. Burnett concentrates his practice in bankruptcy, reorganizations and workouts. He is past chair of Flaster Greenberg’s Bankruptcy, Financial Restructuring and Risk Management Department, and also serves as a member of the firm's Board of Directors and as Ethics Attorney for the firm.
He represents clients in all areas of Chapter 7 and Chapter 11 bankruptcy proceedings, creditor’s rights and corporate liquidations. In addition, he counsels debtors on the advantages and disadvantages of Chapter 11 and the rights and remedies of creditors and unsecured creditors' committees in the Chapter 11 process. His representations include financially distressed companies, creditors' committees, trustees, plan administrators, secured and unsecured creditors, Chapter 7 trustees, Chapter 11 debtors-in-possession, landlords, equipment lessors, asset purchasers, and preference plaintiffs and defendants.
Mr. Burnett has been an adjunct professor at the Temple University Beasley School of Law for the Integrated Transactional Program since 2006, and holds board seats for the Consumer Bankruptcy Assistance Project and the Philadelphia Chapter of the Turnaround Management Association, where he previously served as secretary. Mr. Burnett is also past president of the Board of Directors of Greene Towne Montessori School in Philadelphia.
Dedication to the community is evident in Mr. Burnett's pro bono representation, which includes assisting underprivileged individuals with Chapter 7 bankruptcy cases through Consumer Bankruptcy Assistance Project. Additionally, he was recently selected to join COMPASS for the 2016 - 2017 project year, an organization that provides strategic consulting services to nonprofits in the Greater Philadelphia area.
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