Gretchen Santamour

Gretchen Santamour

Overview

Gretchen Santamour is a member of Stradley Ronon’s Finance Practice Group and the Business Reorganization and Bankruptcy Practice Group. Gretchen focuses her practice on business restructurings, loan workout, loan documentation, bankruptcy, collection and foreclosure litigation.

Read More

Representative Matters

Gretchen has represented:

  • A national financial institution in a receivership of 34 skilled nursing homes and assisted living facilities
  • a regional lender in a $10.5 million commercial real estate acquisition and renovation loan to a private equity real estate fund
  • a national lender in a $29 million construction loan for a 172 unit multifamily building 
  • a national lender in the successful restructure of a $40 million aggregate loan facility secured by commercial real estate and Medicare/Medicaid receivables
  • a national lender in the bankruptcy of a Delaware real estate developer indebted to lender for $25 million, including obtaining relief from stay, preventing confirmation of debtor’s Plan of Reorganization and, ultimately, obtaining dismissal of the bankruptcy case
  • the owners of a cellular telephone company in a Chapter 11 bankruptcy reorganization which resulted in payment to creditors in full and multimillion dollars in distributions to equity owners
  • a community bank in the successful collection of several multimillion-dollar loans secured by residential real estate developments in various stages of approval and improvement
  • a national lender in the documentation and closing of a multimillion-dollar working capital line of credit and term loan and involving an equity sponsor, two series of sub-debt and the acquisition of a Chinese subsidiary by the borrower
  • a national lender in the recovery of $21 million in loans to 18 assisted living and skilled nursing facilities and a subsequent assignment for the benefit of creditors 
Read More

Credentials

Bar Admissions
  • Pennsylvania
  • New York
Court Admissions
  • U.S. Court of Appeals for the Third Circuit
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Eastern District of Pennsylvania
  • U.S. District Court for the Middle District of Pennsylvania
  • U.S. District Court for the Western District of Pennsylvania
  • Pennsylvania Supreme Court
Education
  • J.D., The College of William and Mary School of Law
  • B.A., cum laude, Villanova University
Memberships

  • American Bankruptcy Institute
  • Board of Trustees, Arcadia University, Chair, Audit Committee
  • Education Law Center, President of the Board
  • Eastern District of Pennsylvania Bankruptcy Conference
  • Turnaround Management Association
  • Pennsylvania Bar Association
  • Stradley Ronon Diversity Committee

Speaking Engagements

  • Presenter, 21st Annual Bankruptcy Institute, “Smaller Chapter 11s and Closely-Held Businesses,” Pennsylvania Bar Institute
  • Presenter, “Lender Liability: Dana Transportation, Inc. v. PNC et al,” Risk Management Association
  • Presenter, “Confessions of Judgment and Deficiency Judgments in Pennsylvania,” Pennsylvania Bar Institute
  • Presenter, 14th Annual Bankruptcy Institute, “Valuation Methods and Approaches in a Changing Economy, What the Consumer and the Commercial Practitioners Need to Know,” Pennsylvania Bar Institute
Read More

Recognition

  • Chambers USA: America’s Leading Lawyers for Business for Bankruptcy/Restructuring in Pennsylvania
  • Pennsylvania Super Lawyers
Read More

In The Community

Gretchen formally served on the executive committee and board of directors of the Consumer Bankruptcy Assistance Project. She continues to represent pro bono clients in Chapter 7 bankruptcy cases on behalf of CBAP. She currently serves as the President of the board of directors of the Education Law Center, a not-for-profit law center that advocates for the rights of public school students. In February 2018, Gretchen was appointed a Trustee to the Board of Trustees of Arcadia University. 

Read More
Back to top