Helen S. Balick Visiting Professor in Business Bankruptcy Law
B.A. Brandeis University
J.D. Columbia Law School
Bruce Grohsgal is the Helen S. Balick Visiting Professor in Business Bankruptcy Law and joined the faculty in July 2014. He received his B.A. from Brandeis University in 1977 and his J.D. from Columbia Law School 1980, where he was a Stone Scholar.
He most recently was a partner in the Wilmington, Delaware office of Pachulski Stang Ziehl & Jones, LLP, and has represented debtors, creditors’ committees, and trustees in chapter 11 bankruptcy cases and litigation, including the debtors in Solyndra, Global Home Products/Anchor Hocking/Mirro/WearEver, Chi Chi’s and Trans World Airlines, the creditors’ committees in Freedom Communications (Orange County Register) and Jevic Transportation, and the chapter 11 trustee in Le-Nature’s. He previously was a partner in Wolf Block Schorr & Solis-Cohen, LLP, in Wilmington and Philadelphia. He is admitted to practice in Delaware, Pennsylvania and New York.
Professor Grohsgal was a Senior Fellow at Americans for Financial Reform, Washington, D.C., from October 2012 to January 2013, while on Sabbatical from his former firm. He was the Chair of the Bankruptcy Section of the Delaware State Bar Association in 2008-2009. He has spoken on numerous bankruptcy topics, including “first day” hearings, going concern and other asset sales, executive compensation, derivatives, repos and financial instruments in bankruptcy, and chapter 11 developments.
The rules that govern the people of any society must serve their collective aspirations and be just, both in their inception and in their application to each person. Lawyers play a central role in the quest to ensure that these rights are realized. Delaware has long recognized and acted on the belief that the best legal system is that which is being constantly improved, both substantively and procedurally, to achieve these ends.
Bankruptcy, Secured Transactions, Financial Regulation, Contracts.
“Why Recent SPOE Bills for SIFIs Fail,” AMERICAN BANKRUPTCY INSTITUTE JOURNAL, Vol. XXXIII, No. 12, December 2014.
“Case in Brief against Chapter 14,” Blog Post: HARVARD LAW SCHOOL BANKRUPTCY ROUNDTABLE, June 17, 2014, available at http://blogs.law.harvard.edu/bankruptcyroundtable/page/3/.
“Case in Brief against Chapter 14,” AMERICAN BANKRUPTCY INSTITUTE JOURNAL, Vol. XXXIII, No. 5, May 2014.
“Sections 363 and 364 – Use, Sale or Lease of Property and Obtaining Credit,” current annual survey chapter for each of 2004-2014 eds., in NORTON ANNUAL SURVEY OF BANKRUPTCY LAW, (with Peter Keane in 2013 and 2014 eds.).
“Sections 542 and 543 – Turnover of Property of the Estate,” current annual survey chapter for each of 2003-2014 eds., in NORTON ANNUAL SURVEY OF BANKRUPTCY LAW.
“Executive Compensation and the Great Recession,” in THE DELAWARE LAWYER, Fall 2010, with Greg Galardi.