Stephen M. Packman Appointed to American Bankruptcy Institute Position

May 16, 2008

Stephen M. Packman, a Partner with the law firm of Archer, P.C., in Haddonfield, N.J., has been appointed to the newly formed Educational Subcommittee of the Unsecured Trade Creditors Committee of the American Bankruptcy Institute (ABI).

Packman, of Haddonfield, is Chair of the Debtor’s and Creditors’ Rights Practice Group at Archer. The ABI’s Unsecured Trade Creditors Committee studies and makes recommendations on the rights of unsecured trade creditors in bankruptcy — those creditors whose debts are not secured against the debtor’s assets. The Educational Subcommittee is tasked with devising and coordinating education and awareness initiatives on unsecured creditors’ rights.

The ABI is the largest multi-disciplinary, non-partisan organization dedicated to research and education on matters related to insolvency. The ABI’s membership includes more than 11,500 attorneys, auctioneers, bankers, judges, lenders, professors, turnaround specialists, accountants and other bankruptcy professionals, providing a forum for the exchange of ideas and information. ABI is the nation’s leading provider of quality bankruptcy educational programs.

Packman has broad experience representing debtors, creditors, creditor committees, trustees, buyers, utilities, professionals and other parties in insolvency matters, restructurings, and litigation, including commercial bankruptcy proceedings. He represents lenders, borrowers and guarantors in workouts, foreclosure proceedings and collection actions as well as asset-based lenders, landlords and tenants in bankruptcy and other litigation.

Packman has represented sellers and buyers in commercial real estate transactions and parties in complex commercial litigation. He has represented parties in PACA (Perishable Agricultural Commodities Act) disputes and litigation and in construction litigation mediation. He has provided appellate representation and representation of parties in commercial malpractice actions and provided expert support, including rendering of opinions, to parties in insolvency matters and commercial litigation.

Archer, P.C., is a full-service law firm with more than 150 lawyers in six offices serving Fortune 100 clients, small to medium-sized businesses and individuals for more than 75 years. The firm’s principal office is in Haddonfield, N.J., with offices in Princeton and Flemington, N.J., Philadelphia, Pa., Wilmington, Del., and New York, N.Y. For more information visit www.archerlaw.com.

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