Delaware's bankruptcy attorneys are responding enthusiastically to U.S. Senator Christopher Coons' appointment as Chair of the newly created Senate Judiciary Subcommittee on Bankruptcy and the Courts. The lawyers believe the move will not only be good for the State, but will also benefit the bankruptcy bar and bench nationwide. The consensus is that Sen. Coons is an ideal fit for the job, and that he will be impartial to both creditors and debtors.

Tobey M. Daluz, a bankruptcy partner in Ballard Spahr's Wilmington office, agreed that Coons' background is well suited for his new role. Ms. Daluz said, "As a bankruptcy practitioner in Delaware, I am thrilled about Senator Coons' appointment and the subcommittee's creation. He has the necessary type of experience for this position in terms of both his business and law backgrounds and he possesses a strong understanding of the needs of the judiciary across the country, not just in Delaware. I think he will be terrific in this position."

Ms. Daluz agrees that there is a judicial vacancy crisis, especially in the bankruptcy courts. She stated: "I think the most important issue for the subcommittee is to ensure that every jurisdiction has the requisite number of bankruptcy judges to handle their caseload. Some of the jurisdictions are overwhelmed."

Related Practice

Bankruptcy, Reorganization and Capital Recovery