This website uses cookies to store information on your computer. Some of these cookies are used for visitor analysis, others are essential to making our site function properly and improve the user experience. By using this site, you consent to the placement of these cookies. Click Accept to consent and dismiss this message or Deny to leave this website. Read our Privacy Statement for more.
Print Page | Contact Us | Report Abuse | Sign In | Register
Gary F. Seitz
Profile Pages More

My Engagement
Groups
Board/Committee Groups
NABT Board of Directors
Member Related Groups
Trustees Only
Connections  (12)
Last updated: 11/13/2019
Gary Francis Seitz
Trustee Members
Profile Link: http://www.nabt.com/member/Gary
Professional Information
Visit Website »
Attorney
Personal Information
Additional Information
  Bar Admissions
Delaware
Pennsylvania
New Jersey
U.S. Courts of Appeal for the Third and Fifth Circuits.

About

Gary F. Seitz manages the firm’s Philadelphia office. He concentrates his practice in the areas of commercial bankruptcy, commercial litigation and transportation including admiralty and maritime law. Gary serves as a Chapter 7 Panel Trustee in the United States Bankruptcy Court for the Eastern District of Pennsylvania and acts as Trustee in Chapter 7 and Chapter 11 cases in the Eastern District of Pennsylvania and the District of Delaware. He has extensive experience handling bankruptcy matters for creditors, asset purchasers and trustees. Gary also has expertise in admiralty and maritime litigation and transactions with particular emphasis on marine financing and vessel foreclosures. Gary is admitted to practice in Delaware, Pennsylvania and New Jersey, the United States Court of Appeals for the Third and Fifth Circuits and the United States District Courts for the Eastern, Middle and Western Districts of Pennsylvania, the District of New Jersey and the District of Delaware.

Contact

8 Penn Center
1628 John F. Kennedy Boulevard
Suite 1901
Philadelphia, Pennsylvania 19103

1201 N. Orange Street, Suite 300
Wilmington, Delaware 19801

Direct Dial: 215-238-0011
Fax: 215-238-0016
Email: gseitz@gsbblaw.com

Representative Matters

Receivership/Sequestrator:

Appointed receiver or sequestrator to operate and liquidate commercial properties and a variety of businesses to recover unpaid taxes and to assist creditors in maximizing their return on the debtors’ collateral.

Bankruptcy:

Represent trustees, creditors, and creditors’ committees, landlords, and asset purchasers in numerous bankruptcy cases filed in Pennsylvania, Delaware, and New Jersey.

Involved in financing & carve-out negotiations, lease assumption & rejection matters, avoidance action litigation, and all aspects of liquidation, sale, or purchase of debtor’s assets, including real estate.

Represent trustees, creditors, asset purchasers, and creditors’ committees in major bankruptcy cases, including Montgomery Ward, Uniroyal, Super American Tissue, Matlack, e.Spire Communications, MUMA, AxisTel, Permagrain, Discovery Zone, NGVSI, Eagle Geophysical, Uiterwyk, Global Homes, IT Group, SemCrude, Flying J, and WCI.

Trustee:

Serve as Member of panel of bankruptcy trustees and Chapter 11 Trustee in U.S. Bankruptcy Court for Eastern District of Pennsylvania. Major appointments include Matlack Systems, e.Spire Communications, Permagrain Products, Cavalier Industries, Brooks Provisions, Scimeca Foundation and Sno Mountain (Montage).

Serve as Chapter 7 and Chapter 11 Trustee in cases in U.S. Bankruptcy Court for District of Delaware.

Serve as receiver in state and federal court receivership.

Business Litigation:

Handled and supervised the representation of clients in a wide range of commercial and general business litigation. He has handled commercial, contract, corporate insurance, and real estate disputes, as well as general and business torts. He employs a tough-minded, business-oriented approach to the assessment and conduct of litigation and has enjoyed great success in achieving favorable results that meet the business objectives of his clients.

Supervised the resolution of over one hundred mechanics lien claims, over five hundred preference and fraudulent transfer cases, as well as hundreds of tax claims, including tax liens, in a telecommunications bankruptcy case.

Preference recovery program in a major bankruptcy case that recovered over ten million dollars for the litigation trust in more than 1200 preference and fraudulent conveyance actions.

Represented a machine shop in a commercial dispute over the fabrication of specialized equipment used in the steel processing industry that resulted in a settlement that pleased the client and was nearly three times the amount that the client’s first firm contact recommended the claim was worth.

Defended many companies that have been sued in bankruptcy court for preferential or fraudulent transfers. Have tried several cases to conclusion.

Business Transactions:

Business practice involves both day-to-day advice for long-standing business clients, and transactional work, such as marine financing deals. Advise clients on matters of corporate governance, licensing, international trade and joint ventures:
Assisting a client in its ongoing efforts to bid on the acquisition of control of a foreign state-run shipyard

Representing finance companies in preparing work out documentation and customized contracts and negotiating distressed loan work outs.

Advising businesses in compliance with various federal regulations.

Counseling international trading company engaged in importing bulk fragrance products from abroad.

Assisting company in registering its trademarks.

Advising bank on structure of financing deal, cross-col lateralization and documentation issues in connection with a loan to build a tug boat.

Representing Chinese bidders in their effort to purchase industrial assets out of bankruptcy.

Representing numerous corporations and limited liability companies in the process of formation and in connection with their corporate governance.

Transportation:

Maritime adviser to the trial team that defended the owners of a Duck boat filled with passengers that was sunk when overrun by a tug and barge.

Represent unpaid charterers and suppliers in a series of ship arrests and attachments in the Delaware River Port .

Assisted a ship design firm in successfully preventing the bankruptcy sale of a vessel to insiders and assisted in successfully prosecuting claims for pre-petition services in bankruptcy court.

Defended trucking companies in preference, fraudulent conveyance and overcharge litigation commenced in Delaware bankruptcy court.

Assisted an ocean carrier in resolving title and potential multiple liability with regard to competing claims to containerized goods.

Assisted trustees and debtors-in-possession as special maritime counsel.

Assisted top-twenty transportation and logistics creditor in getting appointed to the Official Committee of Unsecured Creditors, advised company with respect to its responsibilities, prosecuted claims including critical vendor, carrier and warehouse liens.

Prepare and analyze ship and yacht finance and sale documents.

Prosecute claims for damage caused by oil spills with the National Pollution Fund.

Represent marine lenders and borrowers, ship owners-operators, yacht owners, marine insurers, and terminal operators in litigation cases covering the spectrum of maritime law including marine finance, insurance, vessel casualties, cargo loss and damage, and lien execution.