Chair of the firm’s bankruptcy and restructuring practice, Julie Murphy represents regional and global banks, financial institutions, real estate developers, trade creditors and others in all aspects of financial services, from commercial finance to insolvency matters.
In assisting clients to maximize recovery on troubled credit facilities, Julie takes a pragmatic and multifaceted approach to asset recovery, relying on state and federal court litigation, forbearance agreements, foreclosures, receiverships, bankruptcy proceedings and other collection strategies tailored to fit each particular circumstance.
Leveraging her creditors’ rights experience, Julie provides seasoned advice in connection with the negotiation and documentation of commercial loan documents, whether secured or unsecured.
Julie has helped vendors, landlords and other contract counterparties navigate complex bankruptcy cases and negotiate the terms of critical vendor orders, negotiate terms of assignment and assumption of the executory contracts and leases, and secure payment from debtors. She has successfully defended preference and fraudulent transfer litigation on behalf of clients in state and federal court.
Julie is a member of the steering committee for the Eastern District of Pennsylvania Bankruptcy Conference.
Featured Representative Matters
Bankruptcy and Restructuring
Represented a bank in connection with its interest as lender in an out-of-court workout of a defaulted commercial real estate loan facility in the Greater Philadelphia region.
Represented a large private company in connection with negotiating settlement and payment of claims in a California bankruptcy case.
Advised a bank in the successful collection of a receivables-backed credit facility.
Advised a lender in connection with the purchase of distressed debt.
Represented a regional bank in the successful defense of a petition to open and strike a confessed judgment in the Delaware County Court of Common Pleas.
Represented a bank in connection with an Article 9 foreclosure.
Advised numerous vendors of services to bankrupt entities in negotiating and collecting cure amounts in connection with pending bankruptcy cases.
Advised a landlord of commercial real estate in connection with the assumption and assignment of its lease in a Delaware bankruptcy case.
Commercial Finance
Represented a developer with a $290 million construction loan for an 11-story mixed-use development in University City, Philadelphia.
Advised a regional lender in refinancing an $18.5 million commercial mortgage loan.
Advised a middle-market company in obtaining $35 million in acquisition financing.
Advised a regional lender in the refinancing of a $51 million commercial mortgage loan.
Other Representations
Represented the purchaser of a liquor license in a Florida bankruptcy case.
Represented numerous interested parties evaluating the purchase of assets out of bankruptcy cases.
Represented the owners of a cellphone company in a Chapter 11 bankruptcy reorganization, which resulted in payment to creditors in full and millions of dollars in distributions to equity owners.
Board Member, Risk Management Association, Philadelphia Chapter
Steering Committee Member, Eastern District of Pennsylvania Bankruptcy Conference
Board Member, Greater Philadelphia Network of International Women’s Insolvency and Restructuring Federation (IWIRC)
Co-Chair, Stradley Ronon Hiring Committee
Recognitions
South Jersey Biz, Women to Watch (2023)
Languages
French
Featured Speaking Engagements
Panelist, “Pitch Perfect: Getting the Green Light,” IWIRC’s 32nd Annual Fall Conference
Presenter, “Dealing with Distress: An In-House Guide to Navigating Bankruptcy and Bankruptcy Alternatives as a Creditor,” Association of Corporate Counsel In-House Counsel Conference
Moderator, “Regional Economic Perspective,” Chamber of Commerce Southern New Jersey
Panelist, “Let’s Make a Deal: Negotiating Loan Documents,” Risk Management Association Philadelphia Virtual Education Program
Panelist, “60 Cases in 90 Minutes,” Eastern District of Pennsylvania Bankruptcy Conference
