Insolvency and Restructuring Law
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Richard Obank practices Insolvency and Restructuring Law law in the United States, providing skilled legal representation. Richard Obank leverages 16 years of courtroom and negotiation experience in Insolvency and Restructuring Law cases. Obank approaches each case with dedication, attention to detail, and strategic thinking. Richard Obank continues to build a practice in the United States based on results and reputation.
Recognized in Best Lawyers since 2009
Ronald Collins
Our family-owned manufacturing business in the San Fernando Valley required a formal dissolution after 30 years of operation, a process complicated by outstanding debts and asset distribution among partners. We selected Richard Obank based on his long-standing general practice in Los Angeles and his noted recognition in insolvency matters, which seemed highly relevant. Over the 16-week engagement, Richard's 16 years of experience were evident. He navigated the restructuring and creditor negotiations with a steady hand, and the final settlement was structurally sound. However, the experience felt somewhat transactional. Communication was functional but not proactive; we often waited several days for email replies, and explanations of legal steps were sometimes cursory, leaving us to seek clarifications. While the outcome was legally satisfactory, the process lacked the guided reassurance we hoped for from a veteran attorney. He is undoubtedly knowledgeable, especially in areas touching on financial restructuring, but managing client expectations and accessibility could be improved.
