Mark L. Desgrosseilliers

Partner

 

Direct Dial:  (302) 295-0192

E-Mail:  Desgross@ChipmanBrown.com

 

 

 

 

 

 

 

 

Mark Desgrosseilliers is a restructuring attorney who regularly represents distressed or insolvent companies and acquirers of assets primarily in the bankruptcy court in Wilmington, Delaware.  Mark also assists secured and unsecured creditors seeking financial recoveries in often trying situations in state and federal courts, primarily in Delaware, Maryland, and Virginia.

 

Before joining Chipman Brown Cicero & Cole, LLP, Mark was a partner in the Creditors’ Rights practice group at Womble Bond Dickinson (US), LLP, and practiced at Skadden Arps Slate Meagher & Flom, LLP.  Mark is a Chambers-rated bankruptcy attorney who has been described by peers as “excellent technically and very strategic in his way of approaching matters,” and commended as a “strong advocate for his clients.”

 

Mark serves on the board of Delaware Volunteer Legal Services and devotes substantial time on a pro bono basis to the rights of children in Delaware’s foster care system, US military veterans, and domestic violence victims.

 

Representative Matters*

 

  • Counsel for  foreign representative for Axios Logistics Solutions, Inc., and its affiliates in cross-border insolvency proceeding filed under Chapter 15 of the US Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.

 

  • Counsel for foreign representative for Thane International, Inc., and its affiliates in crossborder insolvency proceeding filed under Chapter 15 of the US Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.

 

  • Lead counsel for the liquidating trustee in bankruptcy cases filed by Goody’s Family Clothing, Inc., a significant department store chain, in the United States Bankruptcy Court for the District of Delaware.

 

  • Lead counsel for the Official Committee of Unsecured Creditors of Revstone Industries, LLC

 

  • Lead counsel for a significant snack food industry client and its subsidiaries in connection with Chapter 11 bankruptcy cases and prepackaged plan filed in the United States Bankruptcy Court for the District of Delaware.

 

  • Lead counsel for a publicly traded retailer in purchase of intellectual property assets from debtors in large retail Chapter 11 bankruptcy cases in the United States Bankruptcy Court for the District of Delaware and separately in state court insolvency proceeding in Florida.

 

Presentations

 

  • Business Bankruptcy Law Update, American Bankruptcy Institute: Annual Spring Meeting, Washington D.C., April 16, 2016

 

  • Six Traps for the Unwary in Smaller Chapter 11 Bankruptcy Cases, MDNC Chapter of the Federal Bar Association: 37th Annual Bankruptcy Seminar, Durham, NC, April 15, 2016

 

  • What Keeps Lenders Up At Night When Looking North? Cross-Border Deal Issues And Cross-Border Insolvencies, Borden Ladner Gervais Financial Services Symposium: Legal Issues Related to Financing and Insolvency, Montreal, Quebec, Canada, September 18, 2015

 

  • Fundamentals of Bankruptcy Litigation, SDNY and EDNY Chapters of the Federal Bar Association, New York, New York, June 24, 2015

 

  • Operating Chapter 7 Bankruptcy Case Issues, American Bankruptcy Institute: Mid-Atlantic Bankruptcy Workshop, Cambridge, Maryland, August 8, 2013

 

  • Bankruptcy Code Section 363: Navigating Your Company through Strategic Sales and Acquisition Transactions, Association of Corporate Counsel: DELVACCA 2nd Annual In-House Conference, Philadelphia, Pennsylvania, May 6, 2010

 

  • Bankruptcy Licensees and Licensors: Strategies for IP License Enforcement, Strafford Publications, On-Line Seminar, May 27, 2009

 

*Note:  Some of the matters listed were handled by our lawyers prior to joining Chipman Brown Cicero & Cole, LLP

 

Practice Areas

 

 

Education

 

  • J.D., cum laude, University of Maryland School of Law, 1999

  • B.S., The Johns Hopkins University, 1993

 

Bar Admissions

 

  • Delaware

  • Maryland

  • Virginia

  • U.S. District Court for the District of Delaware

  • U.S. Court of Appeals for the Third Circuit

  • U.S Court of Appeals for the Fourth Circuit

  • United States Supreme Court

Professional Activities ​​

 

  • Pro bono attorney for victims in protection from abuse cases

  • Board Member, Delaware Volunteer Legal Services

  • Federal Bar Association, Past Chair Bankruptcy Section, Current Member of Board of Directors of the FBA Bankruptcy Section

  • Member, American Bankruptcy Institute

  • Member, Delaware Bankruptcy Inn of Court

Accolades

  • Chambers & Partners USA

    • "Very confident, skillful and tenacious"

    • “Excellent technically and very strategic in his way of approaching matters"

    • “[A] strong advocate for his clients”

  • Listed in Best Lawyers in America

  • Martindale Hubbell, "AV Preeminent" Rated

  • Listed, Delaware Super Lawyers

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