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A·S·K was established in 1983 by
Gregory S. Abrams to
represent bankruptcy estates in the recovery of avoidance
claims. A·S·K has gained vast experience in representing
hundreds of bankruptcy estates across the
country. We are the nation's leading law firm in avoidance
claims analysis and litigation. Since 2000 A·S·K has recovered
more than $150 million
from avoidance claims and negotiated claim waivers exceeding a
dividend value of $20 million ($170,000,000 total recoveries).
During this time period we settled more than eight thousand (8,000) cases,
including settlements over $100,000 in one hundred seventy-eight
(178) cases aggregating $53
million. Twenty-two (22) settlements were for over $500,000 and
seven (7) were
over $1 million.
The firm has extensive trial and appellate experience in
preference litigation. We have brought litigation in three
hundred eighty-one (381) instances where the preference claim
exceeded $1,000,000, and have tried approximately twenty (20)
cases this decade. Our litigation head,
Joseph L. Steinfeld Jr., has extensive litigation and appellate
experience had has argued hundreds of cases at the trial and
appellate level, including the Supreme Court. Mr. Steinfeld is first chair in all litigation exceeding $100,000 at
issue and has had numerous million dollar plus verdicts upheld
on appeal. He is nationally recognized in the bankruptcy
field as an expert in avoidance litigation.
The firm
is co-managed by Gregory S. Abrams
and Joseph L. Steinfeld, Jr.,
attorneys that share an extensive background in the intersection
of insolvency and commercial law. Mr. Abrams is both a
specialist in avoidance and collection law and a systems
analyst/designer of software programs geared toward organizing
data related to analysis, monitoring and prosecution of large
portfolios of preference claims. Our partners have spoken
extensively on the
Prosecution and Defense of Avoidance Claims,
and regularly conduct complimentary in-house firm seminars on
the topic.
A·S·K has a national presence with
offices in Los Angeles and Minneapolis and a network of local attorneys across the
country. While our network of local counsel assures compliance
with local practices, A·S·K attorneys are responsible for
all cases. This assures that cases are aggressively litigated
and that our client's reporting requirements are timely
satisfied.
Whether it is avoidance claims or receivables, clients need only
contract with one firm to
handle all nationwide collection matters. Our centralized
system enables clients to efficiently streamline management of
their collection claims and representation in bankruptcy matters
across the country.
A·S·K is a Life Time Sustaining Member of the American
Bankruptcy Institute, and is a member of an regularly attends
conferences hosted by the American Bankruptcy Institute, National Association of Bankruptcy
Trustees, the California Bankruptcy Forum, the National
Association of Bankruptcy Judges, and the Commercial Law League.
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