Chuck Tatelbaum is a director with the Tripp Scott law firm. For the past 50 years has focused his practice on bankruptcy and creditors’ rights issues, complex business litigation, Uniform Commercial Code transactions and lender liability litigation and other types of secured transactions, as well as domestic and international letters of credit.
He regularly represents secured and unsecured creditors in transactions and insolvency situations, creditors’ committees, and throughout the United States he represents business clients in complex business litigation, the defense of lender liability claims, all types of bankruptcy proceedings and products liability defense based on warranty. He also represents secured and unsecured creditors in distressed business transactions and litigation. He has also has represented clients in Chapter 9 municipal bankruptcy proceedings and Chapter 15 foreign bankruptcy proceedings.
As an example, he represented the major motor vehicle floor plan lender in the largest motor vehicle dealer bankruptcy in U.S. history, recovering more than $150 million, which constituted payment in full of principal, interest, attorney fees and costs. In that case, the court awarded a $300,000 substantial contribution fee to the represented lender. As another example, he has represented the lender in the worldwide bankruptcy proceeding of Saab Automobiles, and was able to obtain payment in full of all principal, interest and attorneys’ fees. As of a result of his prior work with the U.S. State Department in eastern Europe to develop bankruptcy laws in Croatia and Slovakia, Mr. Tatelbaum has regularly handled business and insolvency issues that develop in foreign countries.
Recently, he completed a total revision of the purchase order terms and conditions and purchase agreement terms and conditions for one of the largest retailers in the United States utilizing provisions of Article 2 of the Uniform Commercial Code in order to provide maximum rights, remedies and benefits to the retailer as both a purchaser and seller of goods.
He is well versed in dealing with all aspects of domestic and international letters of credit from the transactional stage through litigation.
Besides being the author of numerous periodical publications over the last 50 years dealing with bankruptcy and complex litigation, Mr. Tatelbaum is author of "New Balance in the Rights of Creditors and Debtors: The Effect on Maryland Law," University of Baltimore Law Review, Spring, 1973; "The New Rules of Bankruptcy Procedure," Maryland Bar Journal, January and April 1974; "The Proposed Bankruptcy Re-Organizations," The Florida Bar Journal, August 1974; "The New Bankruptcy Code," Maryland Bar Journal Spring, 1979; Volumes on: Consumer Bankruptcies, 1974, Bankruptcy Code of 1978, 1979, 1980, Exercising a Judgment 1980, Maryland Institute for Continuing Professional Education, 1974-1986; National Conference of Bankruptcy Judges, 1989. Contributing Author: Collier's Practice Guide on Bankruptcy, 1981; Bankruptcy Practice and Strategy, Warren, Gormann & Lamont, 1987; Bankruptcy Code Manual, Commercial Law League of America, 1980, 1987 and 1995. Co-Author: NACM Bankruptcy Reorganization Guide, National Association of Credit Management, 1991; Bankruptcy Rules and Forms Handbook, 2 vols. Wiley Publishing, 1992. Columnist: "Business Credit," National Association of Credit Management, 1990-1999. Co-Editor, Credit Manual of Commercial Laws, National Association of Credit Management, 1993-2000 and is co-author of Creditors' Rights In Chapter 11 Cases - The Current State of Chapter 11 Cases: Trends in Pre-Bankruptcy Resolution and Chapter 11 Bankruptcy and Restructuring Strategies -The Past, Present, and Future of Chapter 11 Filings, published in 2016 by Aspatore. Mr. Tatelbaum regularly has artilces published on bankruptcty and creditors’ rights in the South Florida Daily Business Review as a member of its Board of Contributors.
