Mark Indelicato 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.
For more than three decades, Mark has focused on representing the interests of creditor groups in bankruptcy proceedings, particularly Creditors’ Committees in large complex bankruptcies. This type of work requires an ability to take different parties, with different needs and desires, and reach a workable consensus, a skill at which he excels. In each case, however, Mark works to ensure that even in troubled situations, the interests of his clients are maximized. He is dedicated to understanding what his clients need, and then moving heaven and earth to achieve their objectives, creating value in situations where, absent his involvement, it might not exist.
Mark has served as Creditors’ Committee counsel in many of the country’s largest subprime mortgage bankruptcies as well as cases in the retail, manufacturing, logistic and chemical industries. His deep 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.
A proven leader in the bankruptcy and restructuring field, Mark is a former global chairman and 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 TMA’s educational programming. Mark also serves as chairman of the New York Institute of Credit, an organization dedicated to educating the credit community for over 100 years.
Mark regularly gives presentations on bankruptcy and creditors’ rights topics to the American Bar Association, NYIC, TMA, the National Association of Credit Managers and the Law Education Institute. He has also been a guest lecturer at Villanova Business School addressing developing issues in the restructuring arena and for the past 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.
experience
- 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 Reverse Mortgage Corp.; First Guaranty Mortgage Corp.; 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.
- Represented various interests in some of the major mass tort bankruptcies including Purdue, Manville Corp., and AH Robins.
- Mediator in large complex bankruptcies in New York and Delaware.
- Chairman and Executive Committee member of the New York Institute of Credit (NYIC)
- 2011 Global Chairman and 2012 President of the Turnaround Management Association (TMA)
- Past president of TMA’s New York Chapter
- Board member of Catholic renewal
- Listed in The Best Lawyers In America®, 2001-2025 (by BL Rankings); Financial Restructuring & Bankruptcy*
- Listed in Super Lawyers, 2008-2024, Bankruptcy*
*Pursuant to New Jersey requirements (Mark is admitted in New Jersey, in addition to New York), we provide the following additional information: No aspect of this or any advertisement has been approved by the Supreme Court of New Jersey. For information on award methodologies, please visit thompsoncoburn.com/awards-methodologies.
- Quoted, “Restaurants, Agriculture Brace for Tighter Immigration,”
The Deal, August 2, 2024 - 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
I love gadgets. If they’re new, interesting, and useful, I probably own them. I’m also a big family man. I’m allergic to cats, but I have (and would never part with) three, plus a Yorkshire terrier, so that makes for interesting chase scenes.