Practice Expertise

  • Bankruptcy, Creditors' Rights and Corporate ...
  • Financial Institutions
  • Litigation & Dispute Resolution
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Areas of Practice

  • Bankruptcy, Creditors' Rights and Corporate ...
  • Financial Institutions
  • Litigation & Dispute Resolution
  • Bankruptcy Litigation
  • Chapter 11 Bankruptcy
  • Corporate Restructuring, Bankruptcy, and ...
  • Receivers, Receiverships & Trustees
  • Unsecured Creditors’ Committees and Other ...
  • View More

WSG Practice Industries

WSG Leadership

  • Restructuring & Insolvency Group - Member

Profile

Larry Ream provides his clients with prudent legal advice and with creative ideas and solutions, he guides his clients through the complex process of Chapter 11 workouts, bankruptcies, receiverships, foreclosures, and creditor representation. Larry has assisted real estate, construction, manufacturing, retail and maritime clients.

Larry is the former chair of the King County Bar Association’s Debtor-Creditor Section and was appointed by the Chief Judge of the Bankruptcy Court for the Western District of Washington to serve on the committee administering the court’s local rules regarding alternative dispute resolution, which he also chaired. Larry and our bankruptcy team members are frequent lecturers on topics related to Chapter 11 bankruptcy and other creditors’ rights issues.

Bar Admissions

  • Washington State Courts 
  • United States Court of Appeals, Ninth Circuit 
  • United States Bankruptcy Court, Western District of Washington 
  • United States Bankruptcy Court, Eastern District of Washington 
  • United States District Court, Western District of Washington 
  • United States District Court, Eastern District of Washington 

Education

  • Gonzaga University School of Law, Juris Doctor degree, cum laude (1983); Symposium Editor, Law Review (1982-1983)

    Clerkship, Chief Judge of the U.S. District Court of Nevada (1980-1983)
  • Webster University, Bachelor of Arts degree (1980)

Areas of Practice

  • Bankruptcy, Creditors' Rights and Corporate Restructuring
  • Financial Institutions
  • Litigation & Dispute Resolution
  • Bankruptcy Litigation
  • Chapter 11 Bankruptcy
  • Corporate Restructuring, Bankruptcy, and Litigation
  • Receivers, Receiverships & Trustees
  • Unsecured Creditors’ Committees and Other Creditor Representation

Professional Career

Significant Accomplishments
  • Served as counsel to the Receiver who was tasked with marshaling and preserving assets, operating the receivership entities, assessing and marketing the businesses for sale, pursuing and defending lawsuits and assessing the validity of claims made against the estate. (SEC vs. Aequitas Management, LLC)
  • Counseled the Yellowstone Club during its Montana Chapter 11 case to a successful reorganization, including subordinating the senior secured creditor, allowing unsecured creditors to be paid in full.
  • Represented the Official Committee of Unsecured Creditors in the TC Global (Tully’s Coffee) Chapter 11 matter, which resulted in a lucrative auction of the assets of the company for the benefit of creditors.
  • Assisted the founder and largest creditor of Conenza, Inc. in acquiring the company, preserving its going concern value and saving company contracts and the employees’ jobs.




Articles

  • Ten Things to Know About the PPP Loan Forgiveness Applications (Updated 12/30/2020)
  • Chapter 11 Bankruptcy is Expensive; the Small Business Reorganization Act Provides a Realistic Opportunity for Small Businesses to Reorganize
  • Schwabe CARES Act FAQ
  • Bankruptcy and IP License Agreements

Seminar

  • COVID-19 and Bankruptcy: What Ports Can Do to Prepare for a Tenant Bankruptcy

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