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Mark Indelicato

Partner

New York
212 478 7320 212 478 7320 direct


Mark represents parties in virtually every aspect of insolvencies, bankruptcies, and out-of-court workouts, including secured and unsecured creditors, official and ad hoc committees, trustees, debtors and purchasers of assets in Chapter 11 cases. He is the Managing Partner of the Firm's New York office.

Over the last fifteen years, Mark has focused primarily on representing the interests of creditor groups in bankruptcy proceedings, particularly Creditors' Committees in large complex bankruptcies. In each case, Mark works with all sides to ensure that even in troubled situations, the interests of his clients are maximized.

Mark has served as Creditors' Committee counsel in many of the country's largest subprime mortgage bankruptcies, including New Century TRS Holdings, Inc. and American Home Mortgage Corp. as well as the largest hotel bankruptcy ever filed, Extended Stay, Inc. Other Creditors' Committees of note include Furniture Brands Inc., Vertellus Specialties, Inc., Reichhold Holdings U.S., Inc., Hancock Fabrics, Inc., AWI Delaware, Inc., Loehmann's Holdings, Inc., Crabtree & Evelyn Ltd., MPC Computers, HQ Global Workplaces, Inc., Teleglobe Communications Corp., Pillowtex Corporation, Cone Mills Corporation, Gymboree and Petrie Retail, Inc. Mark's experience and skills transcend industries and sectors, delivering results using the full range of bankruptcy tools, from plan confirmations to Section 363 asset sales to liquidations.

Mark has served as a national leader on bankruptcy and restructuring issues. He was the 2011 Global Chairman and 2012 President of the Turnaround Management Association (TMA), the international nonprofit dedicated to corporate renewal and the turnaround industry. In that role, he led an organization with 10,000 members in 54 chapters worldwide and focused on expanding and strengthening TMA's European chapters, revitalizing the certification program for turnaround professionals and improving the educational programming offered to TMA members.

Mark is a past president of TMA's New York Chapter and a current board and Executive Committee member of the New York Institute of Credit (NYIC).

He has been recognized by the TMA, NYIC and other industry organizations for his commitment to education within the credit community.

Mark regularly gives presentations on numerous bankruptcy and creditors' rights topics, including bankruptcy sales, subprime mortgage issues, insolvency and debtor in possession financing issues to the American Bar Association, NYIC, TMA, the National Association of Credit Managers, and the Law Education Institute. He has been a guest lecturer at Villanova Business School addressing developing issues in the restructuring arena and for the last 15 years has moderated a "Views From The Bench" panel on behalf of the NYIC and the Philadelphia Chapter of TMA that brings together judges from Delaware, Philadelphia, New Jersey and New York to discuss vital, developing issues of bankruptcy law.

Publications

Quoted, “Red Lobster files Chapter 11 bankruptcy after shuttering locations,"
New York Daily News, May 20, 2024

Quoted, "Endless Shrimp Promo Helps Push Red Lobster to Ch. 11,"
The Deal, May 20, 2024

Quoted, "WeWork: A former unicorn in a real-world bankruptcy,"
Private Debt Investor, April 8, 2024

Quoted,"WeWork Plots Rapid Comeback With Bankruptcy Law in Its Favor,"
Bloomberg Law, November 8, 2023

“Lenders Are Writing Their Pandemic Playbook in Real Time,”
Journal of Corporate Renewal, November 2020

“The Role of the Committee in 363 Sales,”
The Review of Banking and Financial Services, April 2017

“Sub-Prime Primer: The Key Legal Issues Facing Creditors, Mortgage Loan Originators and Servicers in Chapter 11,”
The Americas Restructuring and Insolvency Guide, 2008-2009

"How to Survive a Failing Chapter 11"
A Creditor's Perspective

“Asset Securitization: The Bankruptcy Perspective”

“Securitization Provides Means To Protect Assets,”
The New York Journal, February 2002

News

Mark Indelicato Talks to NY Daily News about Red Lobster Chapter 11 Filing

Mark Indelicato Discusses Former WeWork CEO’s Attempts to Win Back Company

Thompson Coburn Attorneys Share 2024 Trend Predictions

Thompson Coburn Attorneys Contribute to ABA Book on Commercial Lending Law

Mark Indelicato Joins Bloomberg Law Podcast to Discuss WeWork’s Path to Reorganize

Mark Indelicato Discusses WeWork Comeback Plan in Bloomberg Law

Mark Indelicato Discusses NJ Favor in Bankruptcy Cases for Law360

Mark Indelicato and Mark Power Discuss Challenges and Strategies in the Slumping U.S. Mortgage Industry

Indelicato Discusses Private Equity Realizing Higher Yields Through Bankruptcies with Law.com

As corporate bankruptcies escalate, look to Thompson Coburn’s Trade Creditor Manual for guidance

Thompson Coburn has been selected as lead counsel to Creditors’ Committee in the Chapter 11 case filed First Guaranty Mortgage Corporation

Mark Indelicato elected president of the New York Institute of Credit

Thompson Coburn combines with Hahn & Hessen, expands to New York