Lawyer Bio : William B. Sullivan

A Fellow in the American College of Bankruptcy, a Board Certified Specialist in Business Bankruptcy Law, and a trial lawyer with more than 30 years of experience, Bill Sullivan’s practice consists largely of representing defendants and plaintiffs in litigation involving financial disputes; creditors in business bankruptcy and insolvency proceedings; and commercial mortgage backed securities (“CMBS”) trusts and their special servicers in connection with defaulted loans. His litigation experience includes mediations, arbitrations, jury and bench trials, and appellate work. Bill’s bankruptcy experience covers all manner of litigation and transactional matters, e.g., involuntary petitions; avoidance actions; relief from stay proceedings; reclamation claims; sale and use of estate assets outside the ordinary course of business; unexpired leases and executory contracts; post-petition financing; motions to convert and/or appoint a trustee or examiner; resolution of claims’ objections; sale of bankruptcy claims; disclosure statements and plan confirmations; and post-confirmation disputes. His work on defaulted CMBS loans includes receiverships, foreclosures, guaranty litigation, and negotiating and documenting forbearance, modification, and other agreements with borrowers. Bill is AV rated and listed in The Best Lawyers in America, NC Super Lawyers, and NC Legal Elite.

Recent Illustrative Representations 

• Sealy Mattress Company and affiliates in preference, executory contract, administrative claim, reclamation claim, committee, and other matters in Wickes, Levitz, Gallery Corp., Rhodes and other retailer bankruptcies. 
• Larry Bertsch, as Nevada court-appointed receiver, in asserting $37 million fraud, unjust enrichment, trust and other claims against a Delaware chapter 11 debtor, MediCor, and its French and Danish non-debtor subsidiaries. 
• Universal Furniture International, Inc. in defending $3 million preference action in Georgia. 
• Windsor Development Company and other parties in defending contract claims by North Carolina chapter 11 golf course owner/operator. 
• CMBS trust lenders and their special servicer, LNR Partners, Inc., in obtaining receivers appointed in North Carolina, South Carolina and Virginia in connection with defaulted loans. 
• Columbus Bank & Trust in pursuing RICO and other fraud claims against guarantor, a Georgia chapter 11 debtor, and in replacing debtor-in-possession with chapter 11 trustee.
• Kohler and Co. and affiliate in asset purchase, partially from Connecticut bankruptcy estate and partially from related non-debtor entity.
• Numerous trade creditor and other business clients in defending preference and fraudulent transfer actions in Delaware, New York, Florida, Texas, Georgia, North Carolina, and other states.
• Trustee (serving as both trustee and counsel) of Kora & Williams Corp. in Maryland chapter 7 case, recovering over $18 million from District of Columbia and distributing to creditors full amount of their allowed claims plus interest.