William Burnett at Flaster Greenberg PC, concentrates his practice on bankruptcy, financial restructuring, and complex commercial litigation. He advises debtors, creditors, committees, and trustees in chapter 7 and 11 proceedings, workouts and distressed transactions. With courtroom and negotiation experience, Burnett represents clients facing insolvency or high stakes business disputes.
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Phone
215.279.9383
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Accolades

Philadelphia Elite

Profile

Work Department
Bankruptcy, Restructuring, & Risk Management Practice Group
Position

Shareholder

Board of Directors Member

Firm's Ethics Attorney

Career

Bill Burnett concentrates his practice in bankruptcy, reorganizations, and workouts. For over 30 years, has represented clients in all areas of Chapter 7 and Chapter 11 bankruptcy proceedings, creditor’s rights, and corporate liquidations.

In addition, he counsels debtors on the advantages and disadvantages of Chapter 11 and the rights and remedies of creditors and unsecured creditors' committees in the Chapter 11 process. His representations include financially distressed companies, creditors' committees, trustees, plan administrators, secured and unsecured creditors, Chapter 7 trustees, Chapter 11 debtors-in-possession, landlords, equipment lessors, asset purchasers, and preference plaintiffs and defendants.

Bill is currently an adjunct professor at two law schools: Temple University Beasley School of Law (Integrated Transactional Program) and Villanova University Charles Widger School of Law (Bankruptcy and Corporate Reorganization).

He is a member of the Eastern District of Pennsylvania Bankruptcy Court Local Rules Committee and the Supreme Court of New Jersey Ethics Committee (District IV -Burlington and Camden Counties).

Dedication to the community is evident in Bill’s pro bono representation, which includes assisting underprivileged individuals with Chapter 7 bankruptcy cases through Consumer Bankruptcy Assistance Project on which he holds a board seat.

Practice Areas

Industry Groups

Memberships
U.S Bankruptcy Court for the Eastern District of Pennsylvania, Local Bankruptcy Rules Committee Member, 2024 through 2025 Supreme Court of New Jersey Ethics Committee (District IV Camden and Gloucester Counties), Member, 2024 - 2028 Turnaround Management Association (Philadelphia Chapter) Consumer Bankruptcy Assistance Project Board Member Eastern District of Pennsylvania Bankruptcy Conference Delaware Bankruptcy American Inn of Court American Bankruptcy Institute National Association of Credit Management
Education

Temple University Beasley School of Law, J.D., cum laude

University of Connecticut, B.A., Philosophy

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