Tim's practice involves general corporate counseling and representation in acquisitions and other transactions for both privately and publicly held businesses. In some instances, he serves clients in a "general counsel" role, providing representation on general business, corporate and financial matters, while also assisting in the coordination of litigation, regulatory compliance and other matters. He devotes a significant portion of his practice to counseling businesses involved in the development, manufacturing and marketing of medical devices.
In addition to the customary contractual and other needs of clients, his experience involves:
- Representation of manufacturers in the formation and termination of product distribution relationships, both domestic and international.
- Negotiation of agreements involving various combinations of research and development, product development, licensing and distribution for medical and other technologies.
- Representation of purchasers and sellers in corporate acquisitions, particularly asset purchases of early-stage technology firms valued at $10 million to $20 million.
- Representation of business clients in the purchase, sale, and leasing of aircraft, including dry leases, agreements for hanger use and maintenance, and charter arrangements. He has also assisted in taking aircraft flight operations "in house" for corporate owners.
Tim works extensively with lenders and borrowers in various aspects of secured and unsecured credit transactions, including syndicated and participated loans, real estate acquisition and construction financing, asset-based transactions, acquisition financing, loan work-outs and restructurings and tax-exempt financing. The focus of Tim's lending practice is on middle market loan and small loan borrowers.
- Counsel to agent bank in a $175 million unsecured revolving working capital credit facility for retail borrower.
- Counsel to agent bank in total of $43 million of secured revolving facilities for working capital and land acquisition for a hardwood lumber firm.
- Counsel to lender in $40 million secured revolving facility and $45 million unsecured revolving facility for food processors.
- Counsel to publicly traded corporate borrower in a $90 million multi-currency revolving credit facility
- Counsel to lender in a $25 million secured line of credit facility providing working capital for a clothing licensee/importer/manufacturer.
- Represented lenders as letter of credit bank counsel in revenue bond transactions.
- Represented lenders in financing the acquisition and development of numerous commercial and residential projects in Pennsylvania, including leasehold, site condominium and credit tenant projects.
Creditors' Rights and Bankruptcy
Tim's creditors' rights and bankruptcy practice involves secured and unsecured creditor representation in bankruptcy stay relief, cash collateral, preference and fraudulent conveyance claim defense, plan approval, proof of claim assignments, appeals and other proceedings, as well as loan workouts and forbearance negotiation. He represents businesses as debtors in bankruptcy and collection proceedings, including debtor representation in Chapter 11 reorganization cases resulting in plan confirmations. Outside of bankruptcy, he represents parties in foreclosure, confession of judgment, execution, debt sale and assignment matters. He has lectured for the Pennsylvania Bar Institute and the Eastern District Pennsylvania Bankruptcy Conference on Chapter 11 issues.
Tim represents local governments in matters of governance, procurement, finance, land use, code enforcement, utilities and other matters. His clients include boroughs, townships, planning commissions, municipal authorities, redevelopment authorities, and transportation authorities. He has been involved as government counsel or solicitor in construction project issues, sewer and water project issues, proprietary function matters, difficult code enforcement and land use issues related to undergraduate student housing and religious uses, open space preservation issues and police/law enforcement concerns. He provided legal counsel in connection with the financing, construction and operation of the first municipally-owned and operated fiber optic broad band system in Pennsylvania. He also has successfully negotiated complex multi-party sewage treatment agreements, including the formation and financing of joint authorities and capacity/construction agreements involving a mixture of public and private parties.
- The Dickinson School of Law, J.D.
- Muhlenberg College, A.B., cum laude
- United Way of Berks County; community cabinet member, former board member and allocations process leadership
Greater Reading Chamber of Commerce and Industry; Legal Counsel
Reading Civic Opera Society, Inc. (Reading Civic Theatre); Solicitor
- Alvernia University, Reading, PA; Trustee
- The Highlands at Wyomissing; Director
- Greater Reading Economic Partnership; Director
- Audit & Compliance Committee of the Board of Directors of the Reading Health System; Community Member
- United Way of Berks County; 2004 Doran Award, 1999 June A. Roedel Legacy of Commitment Award
- Pennsylvania Super Lawyers®, 2005
- Supreme Court of Pennsylvania
- U. S. Bankruptcy Court for the Eastern District and Middle Districts of Pennsylvania
- U. S. District Court for the Eastern and Middle Districts of Pennsylvania
- U. S. Court of Appeals for the Third Circuit
- U. S. Supreme Court
- American, Pennsylvania and Berks Bar Associations
- Commercial Law League of America
- American Bankruptcy Institute
- Clerk of Court, Estate Administrator, U.S. Bankruptcy Court for the Northern District of West Virginia (1982-1984)