Gary E. Klausner
At the age of 9, while watching "Perry Mason", Gary decided to be a lawyer.
Although that decision was less a product of an objective appraisal of his
aptitude, as opposed to his
aversion to life as a homicide detective or cowboy, it proved nevertheless, to be the inspiration for what would become a fulfilling career.
And, while bankruptcy offers few "Perry Mason" moments, it is enormously satisfying.
A successful business reorganization preserves equity for owners, jobs for employees, continuing business for vendors and suppliers, and payment for creditors . . . and lawyers.
grew up in Baltimore, Maryland.
After graduating from Forest Park High School (notable alumni include Spiro Agnew and Cass Elliott) Gary attended the University of Maryland (1971) and the University of Maryland School of Law (1974, with honors) where he served on the editorial staff of the University of Maryland Law Review.
In 1976 Gary
wife Barbara moved from Maryland to California and Gary
began working for a small bankruptcy boutique known as Commons and Broude.
The firm dissolved in early 1977 (through no fault of Gary's) but his
introduction to bankruptcy was indelible, and became the foundation for the next 35 years.
Following Commons and Broude, Gary
spent 20 years at a bankruptcy firm which eventually became known as Robinson Diamant Brill & Klausner.
After a brief stint at Troop Meisinger Steuber & Pasich, in 2001 Gary joined Stutman Treister & Glatt, one of the preeminent bankruptcy boutiques in the country.
Since 1976 Gary
has devoted his
practice exclusively to bankruptcy, corporate reorganization and debtor/creditor matters.
has represented Chapter 11 debtors, secured and unsecured creditors, creditors' committees, trustees and receivers, licensors and franchisors, purchasers of assets out of bankruptcy estates, and parties involved in litigation and appeals in bankruptcy cases.
has handled cases involving a broad range of businesses and industries, including real estate development, hotels and restaurants, manufacturing, aerospace, retail, entertainment, transportation, banking and health care.
In addition to client matters, Mr. Klausner
has been actively involved with and has held prominent positions in local and national professional organizations.
Gary is a member of the Board of Governors of the Financial Lawyers Conference (serving as its President in 1993-1994) a Board member of the Los Angeles Bankruptcy Forum (serving as its President in 2003-2004), a member of the American Bar Association, Section on Business Law, where he chaired a task force on The Economics of Chapter 11 Practice, chaired the Subcommittee on Bankruptcy Fraud, Crimes and Abuse of the Bankruptcy Process, and currently chairs the Chapter 9 Subcommittee.
Gary is currently the chair of the United States District Court's Standing Committee on Attorney Discipline, a select group of lawyers who evaluate complaints against attorneys practicing in the Central District.
lectures frequently on bankruptcy and commercial law subjects and has published numerous articles on bankruptcy-related topics.
has received many honors and accolades during his
career, including being selected as a fellow of the American College of Bankruptcy
is regularly named as one of Southern California's "Super Lawyers" in the field of bankruptcy and corporate reorganization.