Marc J. Phillips

Partner

Marc J. Phillips is a partner in Montgomery McCracken’s Bankruptcy and Financial Restructuring Department. He focuses his practice on bankruptcy and corporate reorganization as well as the representation of companies in civil litigation and complex commercial litigation.

Marc has more than  a decade of experience representing a wide variety of clients in large and complex Chapter 11 and Chapter 7 corporate bankruptcy proceedings, including debtors, unsecured creditors, lenders, landlords, equipment lessors, trade creditors, directors and officers, intellectual property licensors and licensees, insurance carriers, municipal taxing authorities, utilities, asset purchasers, bondholders, note holders, trustees and committees. Marc also represents secured and unsecured creditors in bankruptcy preference and fraudulent transfer litigation.

Marc is a certified mediator for the United States Bankruptcy Court for the District of Delaware and listed on the Court’s Register of Mediators and Arbitrators.

Prior to joining Montgomery McCracken, Marc was an attorney at a large international law firm. Prior to his legal career, Marc played professional baseball within the Kansas City Royals organization for several years.

Marc received his J.D. from Widener University School of Law. He earned his B.A. degree from Virginia Military Institute.

RELATED Practices

Bankruptcy and Financial Restructuring

The attorneys in Montgomery McCracken’s Bankruptcy and Financial Restructuring Department assist clients in all aspects of restructuring, including bankruptcies, out-of-court restructurings, reorganizations, liquidations, workouts, debt refinancings, adversary proceedings, and contested […]

Learn more about our Bankruptcy and Financial Restructuring Department

Commercial Litigation

Montgomery McCracken’s Commercial Litigation Practice has a long and illustrious history. We handle a wide range of individual and corporate disputes involving virtually every area of personal and business endeavors […]

Learn more about our Commercial Litigation Practice

Litigation

Montgomery McCracken’s Litigation Department offers a deep bench of skilled and experienced litigators whose practice areas encompass a broad array of industries and substantive legal disciplines.  Our clients include individuals, […]

Learn more about our Litigation Department

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Credentials

Selected Representations
  • Represented various municipal taxing authorities in multiple bankruptcy cases in the United States Bankruptcy Court for the District of Delaware to recover secured, priority and unsecured taxes owed to the municipality
  • Represented junior secured noteholders in the United States Bankruptcy Court for the District of Delaware resulting in a favorable settlement for the clients
  • Represented large trade creditor in firearms bankruptcy cases in the United States Bankruptcy Court for the District of Delaware to ensure one hundred percent recovery from bankruptcy estates
  • Represented landlords of shopping centers in multiple bankruptcy cases in the United States Bankruptcy Court for the District of Delaware to ensure compliance with going out of business sales procedures, payment of cure amounts with respect to assumption of lease and damages with respect to rejection of leases
  • Represented directors and officers in multiple adversary proceedings in the United States Bankruptcy Court for the District of Delaware against breach of fiduciary duty claims and obtained favorable settlements
  • Represented electric utility provider in multiple bankruptcy cases in the United States Bankruptcy Court for the District of Delaware to ensure favorable adequate assurance terms pursuant to 11 U.S.C. § 366
  • Represented mechanics lien holders in multiple bankruptcy cases in the United States Bankruptcy Court for the District of Delaware and obtained substantial recoveries for the clients
Professional Activities
  • Member, American Bar Association
  • Member, Delaware Bar Association
  • Member, American Bankruptcy Institute
  • Member, Delaware Bankruptcy Inn of Court
Education

Law School

  • Widener University School of Law

Undergraduate School

  • Virginia Military Institute