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Bayard Names Neil B. Glassman Chairman

Bayard, P.A. is pleased to announce that Neil B. Glassman has been named Chairman of the firm. In addition, the firm has elected Charlene D. Davis as Vice Chairman; Douglas M. Hershman as President; Richard D. Kirk as Treasurer; and Peter B. Ladig as Secretary.

“I look forward to working with this talented, hard-working and creative management team to continue Bayard’s rich tradition and reputation in Delaware and nationwide,” said Neil B. Glassman, Bayard’s newly named Chairman. “I appreciate the confidence the members of the firm have placed again in my ability to lead the firm. I will work very hard to live up to their expectations. It is especially important for law firms to have a strategic vision during this period of economic uncertainty, and I am confident that each of our practice areas has the direction and capability to keep Bayard on course for a strong 2009.”

Neil B. Glassman previously served as Bayard’s Chairman from 1998 through 2006. He stepped down from that role in 2007 to focus on his leadership of the firm’s highly regarded Bankruptcy practice. He will also continue to serve as Chair of Bayard’s bankruptcy practice during his new tenure as Chairman. He concentrates his practice on bankruptcy and insolvency law, and regularly represents debtors, official committees of unsecured creditors or equity holders, secured lenders, banks, insurance companies, and other creditors in large bankruptcy cases and other insolvency proceedings including insurance company insolvencies.

Charlene D. Davis, recently elected Vice Chairman of the Bankruptcy Law Section of the Delaware State Bar Association, concentrates her practice on bankruptcy creditors’ rights and commercial litigation. Davis regularly represents creditors, Creditors’ Committees, trustees and debtors in large bankruptcy cases. She is an experienced federal litigator and a former Assistant United States Attorney.

Douglas M. Hershman conducts a diverse law practice in real estate throughout Delaware and the surrounding states representing both buyers and sellers of commercial and residential properties, borrowers in financing transactions, and lenders making commercial real estate loans. He also is a licensed issuing agent for several national title insurance companies. Hershman has held previous management roles with the firm, including his most recent service as Chairman of the Executive Committee.

Richard D. Kirk concentrates his practice on general business litigation, intellectual property litigation, administrative law, and alternative dispute resolution. He is a past president of the Delaware State Bar Association and he was the founding chair of the Delaware State Bar’s Environmental Law Section.

Peter B. Ladig concentrates his practice in the areas of corporate governance and commercial litigation, stockholder litigation, fiduciary duties, partnership and limited liability company disputes, and class action and derivative litigation as well as intellectual property litigation. He also provides corporate and commercial litigation support to the bankruptcy practice. In June 2008, Ladig was recognized by Chambers USA 2008: America’s Leading Lawyers for Business as one of the leading Chancery Court practitioners in Delaware.

Bayard, P.A., a Wilmington, Delaware-based firm, has a nationally recognized practice in commercial bankruptcy and corporate and commercial litigation, securitization and structured finance. Other established practices include counseling clients in the formation of corporations and other alternative entities, real estate, intellectual property, insurance, tax, estate planning and estate administration, and domestic disputes.

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