Lawrence J. Yumkas
During his more than 30 years in the private practice of law, Mr. Yumkas has represented corporate debtors, lenders, secured creditors, unsecured creditors, a bank holding company, landlords, distressed investors, hedge funds, private equity, franchisors and franchisees, bankruptcy trustees and receivers in all aspects of financial issues relating to debt, capital, insolvency law, corporate deal making, dispute resolution, and bankruptcy.
Widely regarded for his strategic negotiation and litigation skills, Mr. Yumkas is known as a passionate, efficient and creative problem solver and leader. Mr. Yumkas also has hands-on management experience. He was Managing Member of the firm from its founding in 2009 until September 2019. Prior to co-founding YVSM, Yumkas served on the three-member management team of his prior law firm, overseeing the business of more than 30 professionals and 60 overall employees. Mr. Yumkas is a past president of the Bankruptcy Bar Association for the District of Maryland, where he oversaw and managed a non-profit professional organization of more than 325 insolvency attorneys.
Mr. Yumkas also brings his unique skill set to mediation, where he has trained and now serves as a qualified neutral for business and bankruptcy disputes.
Mr. Yumkas enjoys an AV rating from Martindale-Hubbell, is currently named again in Best Lawyers in America in the practice areas of Bankruptcy and Creditor/Debtor Rights, Insolvency and Reorganization Law and Commercial Litigation, and has been selected by his peers for inclusion in the 2007 to present editions of Maryland Super Lawyers in the category of bankruptcy and creditor/debtor rights.
In 2019 and 2020, Chambers USA recognized Mr. Yumkas as a leader in the Maryland bankruptcy/restructuring field.
In 2018, Mr. Yumkas was honored with admission to the Litigation Counsel of America, The Trial Lawyer Honorary Society.
Mr. Yumkas is presently of counsel to the firm.
University of Maryland School of Law, 1988
Union College, 1985
- B.A. cum laude, with distinction in Political Science
District of Columbia, 1990
U.S. District Court for the District of Maryland, 1989
U.S. District Court for the District of Columbia, 1993
U.S. Court of Appeals 4th Circuit, 2000
U.S. Supreme Court, 2005
U.S. District Court for the Northern District of West Virginia, 2011
- ACG, LLC, CEO, 2007 – 2009
- Rosenberg | Martin | Greenberg, LLP, Partner, 1995 – 2007
- Whiteford, Taylor & Preston, LLP, Associate, 1993 – 1995
- Blum, Yumkas, Mailman, Gutman and Denick, P.A., Associate, 1989 – 1993
- Hon. Marvin J. Garbis, U. S. District Judge (Maryland), Clerk, 1990
- Melnicove, Kaufman, Weiner, Smouse & Garbis, P.A., Associate, 1988 – 1989
Debtor’s counsel in Chapter 11 bankruptcy case for revenue cycle management company providing advocacy services for medically vulnerable patients.
Debtor’s counsel in successful sale of restaurant, inn and hospitality venue.
Represented debtor in Chapter 11 case with multi-million dollar 50+/- acre property.
Local and co-counsel to debtor in bank holding company’s Maryland Chapter 11 bankruptcy case. The case featured the successful auction sale of the debtor’s operating subsidiary and a confirmed plan of liquidation.
Debtors’ counsel for nine real estate ventures; negotiated successful settlement that resulted in a dismissal of Chapter 11 proceedings.
Corporate counsel to startup internet wine seller, captive insurance company, restaurants, construction companies, and real estate developers, among others.
Debtors’ counsel for ten restaurant entities in Washington, D.C. Chapter 11 reorganization.
Debtor’s counsel in a Maryland Chapter 11 bankruptcy case for 72 store Papa John’s franchisee with operations in Colorado and Minnesota. Case resulted in the successful auction sale of all stores and a structured dismissal after a material distribution to unsecured creditors.
Debtor’s counsel in mixed use office, retail and hotel building owner liquidation in Chapter 11 in Maryland. Building was converted into condominiums and sold in three distinct use pieces to different buyers per confirmed plan.
Secured creditor’s counsel in the bankruptcy cases of two restaurant chains in the Southern District of New York.
Debtors’ counsel in Chapter 11 bankruptcy case for commercial and residential real estate development in the Northern District of West Virginia. Case resulted in successful reorganization pursuant to a confirmed plan.
Local counsel to prevailing defendant in published summary judgment opinion (310 B.R. 274 (Bankr. D. Md. 2004)) holding that debtor was judicially stopped from bringing cause of action that it had knowingly failed to disclose as an asset in its schedules, disclosure statement or plan.
Counsel for prevailing appellant trustee in Fourth Circuit on appeals of District Court and Bankruptcy Court decisions establishing significant national law providing that (1) unconditional assignment by mortgage lenders of whatever claims they had against debtors’ alleged coconspirators, with no right to share in trustee’s recovery except pro rata with other creditors of estate, was sufficient to give trustee standing to prosecute these assigned claims, and (2) doctrine of in pari delicto did not apply to prevent Chapter 7 trustee, as unconditional assignee of mortgage lenders, from pursuing causes of action that lenders had against debtors’ alleged co-conspirators. [In re Bogdan, 414 F.3d 507 (4th Cir. 2005)]
Special litigation counsel to bankruptcy trustee in liquidation of pioneering telephonic advice company known as the “Psychic Friends Network.”
Debtors’ counsel for world renowned manufacturer and licensor for men’s formal wear. Planned Chapter 11 liquidation resulted in unsecured creditors being repaid 96% of their claims against the debtors’ estate.
Counsel to debtors in sale of regional ski resort, golf course and real estate project. Finalist in M&A Advisor 2013 Real Estate Deal of the Year.
Directed debtors’ successful bankruptcy auction sale of WISP Resort and dozens of valuable real estate lots in Chapter 11 bankruptcy cases in Maryland.
Maryland State Bar Association
District of Columbia Bar
The Bankruptcy Bar Association, District of Maryland (President, 2006 – 2007)
Anne Arundel Bar Association, 2010 - Present
Bankruptcy Considerations for Small Business and Individuals Post-COVID, American Bar Association Virtual 2020 May Tax Meeting, July 23, 2020
When Bankruptcy May Be the Better Option, American Bar Association Section of Taxation, October 3, 2019
Litigating Bankruptcy Cases, Maryland Bankruptcy Bar Association Spring Break Weekend, May 3, 2019
The “Court” in “Bankruptcy Court”: Trial Tips from the Bench and Experienced Bankruptcy Litigation Counsel, Maryland Bankruptcy Bar Greenbelt Chapter, November 1, 2018
AV Preeminent Attorney, Martindale-Hubbell Top Rated Lawyers, 1998-2020
Super Lawyers, Bankruptcy and Creditors' Rights, Business Litigation, Business/Corporate, 2007-2020
Best Lawyers, Bankruptcy and Creditors' Rights, Insolvency and Reorganization Law, Commercial Litigation, 2015-2020
Chambers USA, Bankruptcy/Restructuring-Maryland, 2019-2020
Litigation Counsel of America, The Trial Lawyer Honorary Society, 2018
Everyman Theatre, Baltimore, Maryland, Board of Directors, 2011 - Present
Everyman Theatre, Baltimore, Maryland, Production Sponsor, Los Otros (2016), Book of Joseph (2017), Importance of Being Earnest (2018)