Bankruptcy attorney Norman Kinel has successfully handled numerous cases and litigation involving intricate bankruptcy and restructuring matters. With more than three decades of legal experience, Norman Kinel is an active member of several professional associations, including the American Bankruptcy Institute (ABI).ABI is the nation’s largest resource for expert information on bankruptcy legislation, trends, and regulations. Moreover, the organization publishes case studies and long-form articles from its members in its monthly journal. In the July 2018 issue, bankruptcy experts Dr. Israel Shaked and Brad Orelowitz, CPA, outlined 10 of the most recurring causes of company bankruptcy, including the few listed here.-The downside of successOverconfidence stemming from success often leads to risky decision-making that can cause financial issues. Company analysts may also erroneously base the company’s success solely on sales and growth and not account adequately for shortfalls.-Poor planning Companies may make restructuring or financial decisions that are only effective in the short-term. If financial problems occur unexpectedly, the lack of a cushion can push a company into bankruptcy.-Fear of changeBankruptcy is often a direct result of a company’s resistance to addressing significant changes in their market or consumer base.
For more than 30 years, Norman Kinel has led an award-winning career as a bankruptcy attorney in prominent firms such as Squire Patton Boggs; Cadwalader, Wickersham & Taft; Whitman Breed Abbott & Morgan (now Winston & Strawn); Sidley Austin; and Lowenstein Sandler. To prepare for his career, Norman Kinel earned his law degree from the American University Washington College of Law (AUWCL).Founded in 1896, AUWCL has developed a reputation as a center for academic excellence. The school stands out for its highly ranked programs in health law, business law, and international law, as well as its robust clinical program that provides students with hands-on learning experiences.The AUWCL clinical program offers 10 distinct clinics in specialties such as immigration justice, disability rights, and community and economic development. The clinical program’s second- and third-year students receive extensive guidance from faculty but hold primary responsibility for all litigation, research, and transactional duties.
Attorney Norman Kinel specializes in bankruptcy law as a partner at the New York City offices of Squire Patton Boggs (US), LLP, where he is a member of the firm’s Restructuring & Insolvency Practice. A respected voice in his industry, Norman Kinel serves on the Board of Editors for The Bankruptcy Strategist, a widely read law journal newsletter. The Bankruptcy Strategist is published by Law Journal Newsletters, which is a news portal that strives to deliver high-quality content from industry experts in specific verticals targeting the needs of attorneys in the fields of bankruptcy law, technology law, commercial law, and a number of other sectors. Recent topics covered by the Bankruptcy Strategist have included LLCs and the difficulty in enforcing judgments against them as well as non-compete clauses and fair market value. Interested attorneys can link their Lexis Nexis accounts to the Law Journal Newsletters website if they wish to subscribe to The Bankruptcy Strategist.
