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  • Mar 04, 2013Gary Marks Speaks on Bankruptcy Preference Claims for Local Business Group

     

    March 4, 2013

    Norris McLaughlin, P.A.
    721 Route 202-206
    P.O. Box 5933
    Bridgewater, NJ 08807-5933
    Contact: Edward C. Miller, Jr.
    Chief Marketing Officer
    (908) 722-0700 x4224
    ecmillerjr@nmmlaw.com

     

    Gary Marks Speaks on Bankruptcy Preference Claims for Local Business Group 

    Bridgewater, NJ (March 4, 2013) – Gary N. Marks, a Member of the Bridgewater-based law firm Norris McLaughlin, P.A., presented “Bankruptcy Preference Claims: A Trap for the Unwary,” on February 28, 2013, at the offices of the Somerset County Business Partnership (SCBP).  The interactive session, sponsored by the SCBP’s Financial Services Special Interest Group (FiSIG), explored what preference claims are, how to avoid becoming subject to a preference claim, what to do if served with a preference claim, how preference claims are typically resolved, and what happens after the resolution.

    The mission of the FiSIG is to educate the SCBP members on issues affecting their personal and professional financial lives, so often intertwined in small- and mid-sized businesses.  The group also meets regularly to discuss economic and legislative issues that may impact business and/or personal profitability, share best practices and offer educational workshops to the general membership.

    Marks, a resident of Randolph, devotes his practice to bankruptcy law.  Marks has substantial experience in corporate and individual reorganizations and liquidations under the U.S. Bankruptcy Code and state insolvency laws.  He has experience guiding financially distressed companies through the reorganization process by identifying the sources of financial problems, recommending solutions, planning reorganization strategy, interfacing with management on a day-to-day basis and negotiating confirmable plans of reorganization with disparate creditor interests.  He also has extensive experience representing Chapter 11 operating trustees and creditors’ committees in significant cases.  He is a frequent lecturer and author on a variety of bankruptcy-related issues.

    Marks is included in the Bankruptcy and Creditor-Debtor Rights Law section of the current issue of The Best Lawyers In America.

    Marks earned his J.D. from Rutgers University School of Law in 1977 and his B.A., cum laude, Phi Beta Kappa, from Rutgers College in 1974.  Marks is admitted to the New Jersey Bar, the U.S. District Court for the District of New Jersey and the U.S. Court of Appeals for the Third Circuit.  He is a member of the New Jersey State Bar Association, as well the Turnaround Management Association.  Marks is also a Master of the Bankruptcy Inn of Court.

     

    Posted in: Bankruptcy & Creditors' Rights, Gary N. Marks, News |

  • Mar 05, 2009Norris McLaughlin, P.A.Addresses Madoff and Recent Investment Scandals

    Norris McLaughlin, P.A. will be presenting a roundtable discussion entitled “Strategies to Minimize Damage from Madoff & Other Recent Investment Scandals” on March 26, 2009 at Norris McLaughlin, P.A.’ Bridgewater office from 8:30 a.m. to 10:30 a.m.  Charles A. Bruder, Co-Chair of the Executive Compensation & Employee Benefits Group, will address implications for retirement plans. Gary N. Marks and Morris S. Bauer, Members of the Bankruptcy & Creditors’ Rights Group, will share insights on bankruptcy issues.

    The seminar is for advisors and their clients who were effected by investment fraud. Specifically, the panel will discuss effective action for income tax management, including maximizing income tax benefit of a theft loss, timing the theft loss appropriately, and treatment of previously reported “phantom income.” Speakers will also review recent guidance issued by the Pension Benefit Guarantee Corporation and the United States Department of Labor regarding investment fraud associated with the assets of tax-qualified retirement plans and discuss of the potential liability of plan sponsors and/or plan fiduciaries for losses due to investment fraud. Lastly, there will be an overview of the Securities Investor Protection Corporation (“SIPC”), submission and payment of claims under the Securities Investor Protection Act of 1970 (“SIPA”), and the “Clawback” – the SIPC trustee’s utilization of the bankruptcy laws to assert claims against investors for the return of distributions. Attendees will also have an opportunity to ask the panel direct questions.

    For more information or to register for this seminar, contact Cassie Coldreck at ccoldreck@nmmlaw.com or 908-252-4172.

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    Posted in: Bankruptcy & Creditors' Rights, Charles A. Bruder, Executive Compensation and Employee Benefits, Gary N. Marks, Morris S. Bauer, News |

  • Feb 04, 2009Gary N. Marks To Speak About Bankruptcy Basics

    Gary N. Marks, a member of the Bridgewater law firm Norris McLaughlin, P.A., will speak on Bankruptcy Basics at a seminar sponsored by the New Jersey Institute for Continuing Legal Education in cooperation with the New Jersey State Bar Association Bankruptcy Law Section. The seminar will be held on February 5, 2009 from 6:00 to 9:00 p.m. at the New Jersey Law Center in New Brunswick, NJ. This seminar has been designed to give attorneys who do not normally handle bankruptcy cases a solid foundation in bankruptcy law under Chapters 7, 11 and 13 of the Bankruptcy Code.

    The New Jersey Institute for Continuing Legal Education was created in 1962 to help lawyers and judges increase their general professional competence, keep abreast of developments in the law, and become more proficient in selected areas of practice. NJICLE is a non-profit, joint venture of the New Jersey State Bar Association, Rutgers/The State University of New Jersey, and Seton Hall University. For Bankruptcy Basics, NJICLE brings a panel of experienced bankruptcy practitioners together with a distinguished Bankruptcy Court judge to explain the key provisions of the Bakruptcy Code and discuss the differences between Chapter 7, 11, and 13 cases. The panel will also discuss the Federal and Local Rules of Bankruptcy Procedure. For more information, please visit www.njicle.com.

    Marks, a resident of Randolph, devotes his practice to Bankruptcy law. Marks has substantial experience in corporate and individual reorganizations and liquidations under the U.S. Bankruptcy Code and state insolvency laws. He has experience guiding financially distressed companies through the reorganization process by identifying the sources of financial problems, recommending solutions, planning reorganization strategy, interfacing with management on a day-to-day basis and negotiating confirmable plans of reorganization with disparate creditor interests. He also has extensive experience representing Chapter 11 operating trustees and creditors’ committees in significant cases. He is a frequent lecturer and author on a variety of bankruptcy-related issues.

    Marks is included in the Bankruptcy and Creditor-Debtor Rights Law section of the current issue of The Best Lawyers In America.

    Marks earned his J.D. from Rutgers University School of Law in 1977 and his B.A., cum laude, Phi Beta Kappa, from Rutgers College in 1974. Marks is admitted to the New Jersey Bar, the U.S. District Court for the District of New Jersey and the U.S. Court of Appeals for the Third Circuit. He is a member of the New Jersey State Bar Association as well the Turnaround Management Association. Gary is also a Master of the Bankruptcy Inn of Court.

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    Posted in: Bankruptcy & Creditors' Rights, Gary N. Marks, News |

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