McGlinchey in the News
McGlinchey Stafford Adds Adams And Reese Bankruptcy ProRead Time: 2 mins
The following article was published on Law360 on Thursday, March 16, 2023, and is reprinted with permission.
McGlinchey Stafford PLLC has added a Adams and Reese LLP capital partner and financial services attorney to its creditors’ rights, financial restructuring and bankruptcy group in Florida.
Edmund Whitson joined McGlinchey Stafford as a partner in Tampa, the firm announced Tuesday. His practice involves handling complex legal matters across the corporate life cycle, such as transactions, commercial litigation, creditors’ rights disputes and workouts.
“The firm has been incredibly supportive, and they’re looking to grow in Florida,” Whitson told Law360 Pulse on Thursday. “Everybody works in a very coordinated, integrated fashion, and that’s something new for me and I really appreciate that. Everything that McGlinchey talked to me about when we were in discussions has come 100% true and I could not be happier.”
Whitson follows in the footsteps of Adina Pollan, a creditors’ rights litigator who joined the firm in Jacksonville in July.
Whitson’s experience includes representing banks, receivers and other financial institutions in asset recovery, asset sales and fraudulent transfer litigation. He helps insurance companies and private equity groups in syndicated loans and synthetic leasing deals and aids.
“I look at what we do is problem-solving. When people come to an attorney in a troubled economic environment, you’re looking for ways to restructure and reorganize and to keep the company viable. And the whole goal of bankruptcy and insolvency is to try to preserve jobs, going concern value where and if not, then you just maximize the amount that you can obtain for the value of those assets so that you minimize any deficiencies, things like that,” Whitson said.
When it comes to structured finance deals, Whitson prepares true sale opinions for bankruptcy remote entities and defends lenders in fraudulent transfer litigation in bankruptcy and state courts.
He has represented clients in complex collection, garnishment and judgment recovery litigation and has handled plenty of creditors’ rights, landlord tenant, commercial lending and development disputes.
At his last firm, Whitson represented banks, financial institutions and corporations in bankruptcy and creditors’ rights matters in litigation and transactional law. He also defended fraudulent transfer actions against lenders in bankruptcy and state courts.
Previously, Whitson was U.S. counsel for litigation for a German manufacturing company and handled transactional matters in design and build contracts with entities in the U.S. such as General Electric.
“Ed is well respected in the bankruptcy community, and we are excited to welcome him to McGlinchey,” Rudy Cerone, who leads McGlinchey Stafford’s creditors’ rights, financial restructuring and bankruptcy team, said in a statement. “His deep knowledge of financial services, versatile command of the law, and experience with Florida’s judicial and legal system will serve our clients well as we expand our creditors’ rights team and portfolio in Florida and nationwide.”
Whitson is a graduate of the University of Florida Levin College of Law and holds a bachelor’s degree in finance from the University of Virginia’s McIntire School of Commerce. McGlinchey Stafford was founded in 1974 in New Orleans. It has 17 offices with almost 150 attorneys in 12 states and D.C.