Paul R. Glassman

Expert guidance through a complex business restructuring

Our mid-sized manufacturing company in San Diego faced a severe liquidity crisis that threatened our survival. We engaged Paul Glassman at Stradling Yocca Carlson & Rauth to navigate a potential Chapter 11 filing. From our first consultation, his deep knowledge of creditor debtor rights was evident. He leveraged his recognition in Bankruptcy and Reorganization Law to develop a strategic out-of-court workout that preserved our business relationships and avoided the courtroom. His analysis was thorough, drawing clearly on his decades of experience since his Stanford J.D., and he explained complex insolvency concepts in practical terms we could understand. The process was ultimately successful, and we are now on stable footing. The only slight critique is that during the most intense periods, response times from his office could occasionally stretch to a full business day, which added to our anxiety. However, when we did connect, his advice was always worth the wait. We highly recommend Paul for any business facing financial distress.