Barry V. FreemanPartner
Barry Freeman specializes in bank and asset-based lending, creditors' rights and Article 9 of the UCC, and is a member of the Firm's Corporate and Bankruptcy Reorganization Group, resident in the Los Angeles office.
Barry's practice focuses on all aspects of secured and unsecured lending, credits, special assets services, asset-based and unsecured lending, syndicated and participated credits, representing both agents, participants and line banks; workouts and restructurings; creditors' rights; business bankruptcies; corporate reorganization; real estate workouts/financing; agricultural lending; and litigation counseling involving lender liability issues.
Barry represents manufacturing clients in a variety of fields, including the sale and distribution of manufactured goods on open account and secured basis and has substantial expertise in the automotive, tire, and agribusiness industries.
Barry also represents auctioneers and has conducted several seminars on a national basis to fulfill the auction industry's continuing education requirements.
An active national lecturer, Barry serves as an instructor for the American Bar Association Business Law Section's Loan Documentation Committee, the California State Bar's Continuing Education of the Bar Programs on "Bankruptcy Reorganization, Debtor-Creditor Rights and Secured Transactions," and several times a year for The Practicing Law Institute and The Banking Law Institute on national panels. In addition, he is a lecturer for the California Special Assets Management Association (SAMA).
Barry is an active arbitrator of commercial disputes for The American Arbitration Association.
Barry has been elected as a Fellow in the American College of Commercial Finance Lawyers. He is a past chair of the Loan Documentation Committee of the American Bar Association's Business Law Section and a past vice chair of the California State Bar Association's Agribusiness Committee. He is a member of the Advisory Council for The Banking Law Institute.
Barry is a member of the California and Montana bars, and he is admitted to practice in California, Montana, their respective State and Federal Courts, and the Supreme Court of the United States.
- Elected as a Fellow of American College of Commercial Finance Lawyers.
- Panel chairperson and lecturer for over 20 years to bankers, lawyers and auctioneers primarily on the subject of loan workouts, loan documentation, participations, and syndications.
- Over 35 years of experience in all major aspects of the commercial finance practice.
- Representation of secured and unsecured creditors and loan organizations and restructures.
- Representation of secured and unsecured creditors and Creditors' Committees in corporate reorganization in and out of Chapter 11.
- Representation of asset-based lenders in all aspects of term and revolving credits, account receivable financing, factoring and related types of credit facilities.
- Extensive experience regarding Article 9 and other applicable Articles of the Uniform Commercial Code, including letters of credit.
- Representation of Agents and line banks in syndicated and participated credits.
- Representation of lenders, vendors and growers in agribusiness transactions.
- Representation of manufacturers in connection with sales of products, with particular experience in the automobile and racing industries.
- Lender liability counseling to lenders and, on occasion, borrowers. Prosecute creditors' rights in surety and guarantor situations.
- Agribusiness lending, workouts and restructures.
- 15 years of experience in litigation and trial representing lenders in State, Federal and bankruptcy courts.
- Extensive experience with assignments for the benefit of creditors representing all factions.
J.D., University of California Los Angeles, School of Law
B.A., University of California, Los Angeles
Bar AdmissionsState Bar of California
U.S. Supreme Court
State Bar of Montana
Professional & Bar Association Memberships
Past Member, Executive Committee, Business Law Section, State Bar of California, 2001-02
Charter Member and past Chair, Agribusiness Subcommittee, State Bar of California
Past Vice Chair, Debtor-Creditor Relations Subcommittee, State Bar of California Member, Uniform Commercial Code Committee, State Bar of California
Member, Agribusiness Subcommittee, American Bar Association
Member, Letters of Credit Subcommittee, American Bar Association
Member, Lender Liability Subcommittee, American Bar Association
Past Chair, Loan Documentation Subcommittee, American Bar Association, 1994-1998
Member, Secured Lending Subcommittee, American Bar Association
Past Co-chair, Suretyship Task Force Subcommittee, American Bar Association
Member, Uniform Commercial Code Subcommittee, American Bar Association
Member, UCC and Commercial Financial Services, American Bar Association, 2000-present
Member, Business Bankruptcy, American Bar Association
Member, Commercial Law/Bankruptcy Committee, Los Angeles County Bar Association
Member, Debtor-Creditor Committee, Los Angeles County Bar Association
Member, UCC Committee, Los Angeles County Bar Association
Member, Orange County Bankruptcy Forum, Santa Ana, California
Member, Financial Lawyers Conference
American Bar Association
Los Angeles County Bar Association
Member Board of Editors, UCLA Law Review
Member Board of Directors, American Jewish Committee, Los Angeles Chapter
Awards & Recognition
- Listed in Los Angeles Times Magazine: Southern California's Super Lawyers 2008-2013
- Included in the 25th anniversary edition of The Best Lawyers in America
- Recognized as one of The Best Lawyers in America® for 2005-14
- Elected Fellow of American College of Commercial Finance Lawyers
- Los Angeles Magazine Super Lawyer, 2004-2010, 2012-2013
- Los Angeles Business Journal Los Angeles Top 50 Lawyers, 1997
- Los Angeles Times: Southern California's Best Lawyers 2008, 2010 and 2011 editions
- Martindale-Hubbell Peer Review, AV Rating