Paul A. Patterson

Co-Chair, Bankruptcy, Workouts & Creditors' Rights

Paul Patterson


With more than 30 years of experience, Paul Patterson continues to focus his practice on the representation of a number of different types and sizes of financial institutions. Paul’s practice includes the negotiation and documentation of commercial lending and other credit facilities, restructuring of defaulted facilities and, as chair of Stradley Ronon’s bankruptcy practice, all types of bankruptcy and insolvency proceedings. Representative clients Paul has counseled over the years include traditional commercial lenders, asset-based lenders, second lien lenders, mutual funds, hedge funds, fidelity and surety companies and other parties seeking to document and enforce all types and sizes of credit facilities.

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Representative Matters

  • provided advice to a mutual fund complex regarding the impact and possible opportunities that may exist with respect to their bond holdings as a consequence of Chapter 11 petitions filed by a national health care group
  • represented lenders of all sizes and types in documenting secured and unsecured credit facilities to varying types of borrower
  • represented secured creditors and other parties in connection with the sale of all or substantially all of a debtor’s assets under a plan of reorganization and Section 363 of the Bankruptcy Code
  • advised all types and sizes of lenders in connection with subordination, intercreditor, junior lien, agency, loan syndication and participation agreements, and related issues
  • represented a federal district court-appointed receiver in connection with insolvency and litigation proceedings arising out of a failed hedge fund, including matters involving cross-border insolvency issues in the Cayman Islands and Canada
  • represented various sizes and types of lenders in connection with debtor-in- possession financing, cash collateral matters and exit financing in bankruptcy proceedings
  • represented lenders as defendants in various claims brought in and outside of bankruptcy court, including breach of contract, equitable subordination, preference, fraudulent conveyance and other “lender liability” claims and litigation
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Bar Admissions
  • Pennsylvania
Court Admissions
  • U.S. Court of Appeals for the Third Circuit
  • J.D., University of Akron School of Law
  • B.A., Ursinus College

  • American Bankruptcy Institute
  • American Bar Association, Business Law and Law Practice Management Sections
  • Association of Commercial Finance Attorneys
  • Certificate from National Institute of Trial Advocacy in Bankruptcy Advocacy
  • Eastern District of Pennsylvania Bankruptcy Conference
  • National Certification in Chapter 11 Business Bankruptcy from the American Board of Certification
  • Commercial Finance Association
  • Turnaround Management Association


  • Certificate in Bankruptcy Advocacy, The National Institute for Trial Advocacy
  • Chambers USA: America’s Leading Lawyers for Business , listed for Pennsylvania bankruptcy and restructuring
    • "Paul Patterson is well known in the area for his representation of secured lenders in a wide variety of bankruptcy proceedings,"Chambers states.
  • Fellow, The Litigation Counsel of America
  • Martindale-Hubbell, AV Preeminent rating
  • National Certification as an Expert in Chapter 11 Business Bankruptcy, American Board of Certification
  • Pennsylvania Super Lawyers
  • The Best Lawyers in America
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