Mark D. Cress

Mark D. Cress

Banking and Finance Law

4.0 (1 reviews)
Springfield, Massachusetts
37+ years experience
Bulkley Richardson and Gelinas LLP
Updated:

Contact Information

1500 Main Street, Suite 2700, P.O. Box 15507, Springfield, MA 01115-5507
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Bio

Mark Cress is a member of the firm’s Executive Committee, leads the Banking, Finance and Bankruptcy practice group, and co-leads the Health Care practice group.Mark has significant experience and possesses a broad range of knowledge and skills in representing banks and other financial institutions, for profit and not-for-profit entities and individual clients in connection with all forms of financing and business transactions. He also represents parties in creditor-debtor relationships and appears on behalf of creditor parties in proceedings before the United States Bankruptcy Court.His experience includes representing lenders, including banks and other credit facility providers, and borrowers, including health care and educational institutions and other not-for-profit entities in connection with publicly offered and privately placed tax-exempt bonds issued through the Massachusetts Development Finance Agency. He also has substantial experience in representing lenders and borrowers in connection with real estate and asset based secured financing transactions, and financing transactions involving the federal New Markets Tax Credit (NMTC) and Low Income Housing Tax Credit (LIHTC) programs. In addition, Mark represents banks and other financial institutions and debtor parties in connection with loan workouts, mortgage and other business asset foreclosures, bankruptcy and other insolvency proceedings. He also regularly represents private closely held businesses, including health care and other professional service practices, in providing advice and assistance in the areas of business organization, choice of entity, legal structure, governance, financing and other commercial transactions involving real estate, stock and asset acquisitions and divestitures, and commercial leasing transactions. Mark Cress is a member of the firm’s Executive Committee, leads the Banking, Finance and Bankruptcy practice group, and co-leads the Health Care practice group.Mark has significant experience and possesses a broad range of knowledge and skills in representing banks and other financial institutions, for profit and not-for-profit entities and individual clients in connection with all forms of financing and business transactions. He also represents parties in creditor-debtor relationships and appears on behalf of creditor parties in proceedings before the United States Bankruptcy Court.His experience includes representing lenders, including banks and other credit facility providers, and borrowers, including health care and educational institutions and other not-for-profit entities in connection with publicly offered and privately placed tax-exempt bonds issued through the Massachusetts Development Finance Agency. He also has substantial experience in representing lenders and borrowers in connection with real estate and asset based secured financing transactions, and financing transactions involving the federal New Markets Tax Credit (NMTC) and Low Income Housing Tax Credit (LIHTC) programs. In addition, Mark represents banks and other financial institutions and debtor parties in connection with loan workouts, mortgage and other business asset foreclosures, bankruptcy and other insolvency proceedings. He also regularly represents private closely held businesses, including health care and other professional service practices, in providing advice and assistance in the areas of business organization, choice of entity, legal structure, governance, financing and other commercial transactions involving real estate, stock and asset acquisitions and divestitures, and commercial leasing transactions. Mark Cress is a member of the firm’s Executive Committee, leads the Banking, Finance and Bankruptcy practice group, and co-leads the Health Care practice group. Mark has significant experience and possesses a broad range of knowledge and skills in representing banks and other financial institutions, for profit and not-for-profit entities and individual clients in connection with all forms of financing and business transactions. He also represents parties in creditor-debtor relationships and appears on behalf of creditor parties in proceedings before the United States Bankruptcy Court. His experience includes representing lenders, including banks and other credit facility providers, and borrowers, including health care and educational institutions and other not-for-profit entities in connection with publicly offered and privately placed tax-exempt bonds issued through the Massachusetts Development Finance Agency. He also has substantial experience in representing lenders and borrowers in connection with real estate and asset based secured financing transactions, and financing transactions involving the federal New Markets Tax Credit (NMTC) and Low Income Housing Tax Credit (LIHTC) programs. In addition, Mark represents banks and other financial institutions and debtor parties in connection with loan workouts, mortgage and other business asset foreclosures, bankruptcy and other insolvency proceedings. He also regularly represents private closely held businesses, including health care and other professional service practices, in providing advice and assistance in the areas of business organization, choice of entity, legal structure, governance, financing and other commercial transactions involving real estate, stock and asset acquisitions and divestitures, and commercial leasing transactions.

Practice Areas

Banking and Finance Law

Awards & Recognition

  • Lawyer of the Year: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Springfield, MA (2023)
  • Lawyer of the Year: Corporate Law, Springfield, MA (2022)
  • Recognized: Banking and Finance Law
  • Recognized: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
  • Recognized: Corporate Law
  • Practice Area: Health Care Law
  • Practice Area: Litigation - Bankruptcy
  • Practice Area: Real Estate Law
  • Special Focus: Acquisition Finance
  • Special Focus: Bankruptcy
  • Special Focus: Chapter 11
  • Special Focus: Commercial
  • Special Focus: Corporate Finance
  • Special Focus: Creditor Committees
  • Special Focus: Creditors' Rights
  • Special Focus: Debtors' Rights
  • Special Focus: Finance
  • Special Focus: General Corporate
  • Special Focus: Health Care
  • Special Focus: Mergers & Acquisitions
  • Special Focus: Out-of-Court Workouts
  • Special Focus: Project Finance
  • Special Focus: Public Finance
  • Special Focus: Restructurings
  • Special Focus: Secured Transactions
  • Special Focus: Tax-Exempt Finance
  • Special Focus: Workouts and Restructurings
  • Named in Super Lawyers multiple years

Recognized in Best Lawyers since 2003

Education

  • Northeastern University, J.D., graduated 1988
  • Bucknell University, A.B., graduated 1980

Reviews

C

Cynthia Collins

2 weeks ago

A trusted advisor for our business's complex financial restructuring

Our family-owned manufacturing company faced significant financial distress, and we turned to Mark Cress for guidance. His deep experience in bankruptcy and creditor rights, honed over nearly four decades, was immediately evident. He didn't just handle the legal mechanics; he provided strategic counsel that considered our long-term viability. His recognition as a 'Lawyer of the Year' in this field is well-deserved. Mark and his team at Bulkley Richardson expertly navigated negotiations with our bank and key suppliers, leading to a successful reorganization. While his expertise is top-tier, communication from his support staff could occasionally be delayed during peak periods. Overall, Mark's blend of corporate law and financial restructuring knowledge was invaluable in saving our business.

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