Joseph J. DiPasquale

New Jersey / New York

T: +1 973.597.2528 | F: +1 973.597.2400 jdipasquale@lowenstein.com

New Jersey / New York

T: +1 973.597.2528 | F: +1 973.597.2400 jdipasquale@lowenstein.com

Related Areas

Education

Widener University Commonwealth Law School (J.D. 1994)

University of Padua, School of Law (1992), European Economic Community Law

Muhlenberg College (B.A. 1990)

Affiliations

American Bankruptcy Institute
Association of Insolvency & Restructuring Advisors
Board of Directors, Old Dominion National Bank
Board of Trustees, Association of the Federal Bar of New Jersey
Chair, Bankruptcy Court Committee of the Association of the Federal Bar of New Jersey
Fellow, Litigation Counsel of America
National Association of Bankruptcy Trustees
New York Institute of Credit
Turnaround Management Association

Admissions

New Jersey
New York
District of Columbia
U.S. District Court for the District of New Jersey
U.S. District Court for the Southern District of New York
U.S. District Court for the Eastern District of New York
U.S. Court of Appeals for the Third Circuit
U.S. Court of Appeals for the District of Columbia Circuit

Joe's practice encompasses corporate restructuring, complex bankruptcy, debtor/creditor rights, corporate transactions, and commercial litigation. He has extensive experience working with clients in a wide range of industries, including health care, hospitality, energy, real estate, retail, transportation, manufacturing, and finance.

For more than two decades, Joe has built a strong record of success serving as lead counsel, trusted advisor, strategist, and fiduciary in high-stakes insolvencies. He represents debtors, creditors’ committees, Chapter 11 and 7 trustees, receivers, assignees, equity holders, secured creditors, private equity/hedge funds, and other parties. Clients describe Joe as “seasoned,” “polished,” and a "talented lawyer" who demonstrates "a strong balance of technical skill, practicality, and business sense" and offers “creative solutions” (Chambers USA).

From 2009 to 2014, Joe served on the managing board of directors of Team Capital Bank (TCB) and chaired the bank’s risk committee. He was involved in the June 2014 merger of TCB into Provident Financial Services (Provident Bank), a publicly traded company. From 1994 through 1997, he was a principal of NJ Lenders Corp., one of the largest mortgage banking firms in New Jersey. In 1994, he was appointed to the New Jersey Criminal Disposition Commission by Governor James Florio.

Joe is frequently invited to speak before legal and industry organizations, a testament to his deep knowledge of bankruptcy and tax matters. He is the coauthor of the “Retention and Compensation” chapter of the New Jersey Bankruptcy Manual and served as editor of the New Jersey State Bar Association Bankruptcy Law Section Newsletter.

Committed to his community, Joe is a director on the board of Cornerstone Family Programs & Morristown Neighborhood House. He previously served on the board of directors of the New Jersey Friends of Roger Williams School of Law Foundation as well as the fundraising committee of the Community FoodBank of New Jersey.

After completing law school, Joe served as the law clerk for the Hon. William F. Tuohey of the U.S. Bankruptcy Court for the District of New Jersey.

EXPERIENCE

Debtor Representations:

Gracious Home and certain of its affiliates
Hudson Healthcare, Inc.
Frank Theatres and affiliates
Kara Homes, Inc. and its 54 affiliates

Creditors' Committee Representations:

New England Motor Freight, Inc.
Orchids Paper Products Company
Mountain Creek Resorts, Inc.
East Orange General Hospital

Represents one of the “Big Four” auditors and international accounting firms in retention and fee-related issues on a national level
Served as the chapter 11 trustee for 71 Clinton, Inc.
Served as independent director of The Chia Co.

In re: Skyworks Ventures, Inc. 431 B.R. 573 (Bankr,. D.N.J. 2010)

HONORS & AWARDS

AV Preeminent - LexisNexis Martindale-Hubbell (2008-2020)
Significant rating accomplishment that attests to the fact that a lawyer's peers rank him at the highest level of professional excellence
Chambers USA: America's Leading Lawyers (2017-2019)
Recognized for work in Bankruptcy/Insolvency
The Best Lawyers in America (2016-2020)
Recognized in the Bankruptcy and Creditor Debtor Rights, and Insolvency and Reorganization Law sections.
Top 100: New Jersey Super Lawyers (2016-2019)
New Jersey Super Lawyers (2008-2019)
Recognized for work in Bankruptcy: Business and Business Litigation
The M&A Advisor: THE M&A ADVISOR'S 14th ANNUAL TURNAROUND AWARDS (2019)
Chapter 11 restructuring of M&G Chemicals named winner of “Cross-Border Restructuring of the Year”

Chapter 11 reorganization of New England Motor Freight (NEMF) named winner of “Restructuring of the Year ($25M to $50M)”

AWARD INFORMATION

NEWS & INSIGHTS

FIRM NEWS

PUBLICATIONS

April 1, 2020 "When Financial Stress Turns to Distress–Restructuring Tools to Avoid Disaster Parts 1 and 2: Chapter 11 Checklist and What Else Is in the Toolbox,"
Kenneth A. Rosen, Bruce D. Buechler, Jeffrey Cohen, Jeffrey D. Prol, Andrew David Behlmann, Eric Chafetz, Joseph J. DiPasquale, Michael S. Etkin, Robert M. Hirsh, Wojciech F. Jung, Bruce S. Nathan, Mary E. Seymour
March 31, 2020 "Sears (MOAC v. Transform): Landlord May Rest (Adequately) Assured of ‘Similar’ Financial Condition and Operating Performance, But Not Necessarily Tenant Mix," Bankruptcy and Real Estate Client Alert
Joseph J. DiPasquale, Ted Hunter, Daniel A. Suckerman, Michael Papandrea
March 20, 2020 "Critical Checklists for Business Owners and Management to Mitigate Risk of Financial Distress During the COVID-19 Crisis," Bankruptcy, Financial Reorganization & Creditors' Rights Client Alert
Kenneth A. Rosen, Bruce D. Buechler, Jeffrey Cohen, Jeffrey D. Prol, Andrew David Behlmann, Eric Chafetz, Joseph J. DiPasquale, Michael S. Etkin, Robert M. Hirsh, Wojciech F. Jung, Bruce S. Nathan, Mary E. Seymour
May 23, 2019 "Mission Product: Supreme Court Protects Rights of Trademark Licensees in Bankruptcy Despite “Rejection” of Underlying Trademark License Agreement by Debtor-Licensor," Lowenstein Sandler Client Alert
Joseph J. DiPasquale, Philip J. Gross, Vanessa A. Ignacio, Matthew P. Hintz

IN THE MEDIA

November 12, 2019
Joseph J. DiPasquale is quoted in The Wall Street Journal regarding New England Motor Freight’s (NEMF) upcoming confirmation hearing of the company’s Chapter 11 joint plan of liquidation. As counsel to the committee of unsecured creditors, DiPasquale comments on the support of the joint plan from the majority of lenders, creditors, and other key stakeholders. NEMF has already undergone a process to sell off thousands of semitractors and trailers in the largest bankruptcy auction of its kind.
September 12; November 5, 2019
Law360, NJBIZ, and the Global Legal Chronicle highlight Arielle Adler, Bruce Buechler, Joseph DiPasquale, Jennifer B. Kimble, Kenneth A. Rosen, and Mary E. Seymour as debtor counsel to Hollister Construction Services' Chapter 11 bankruptcy proceedings. View Lowenstein's news announcement about this representation.
October 23-November 15, 2018
The New Jersey Law Journal, Law360, NJBIZ, and Bloomberg Law – Big Law Business, Global Restructuring Review, and The Deal note Joseph J. DiPasquale’s joining the firm as a partner in the Bankruptcy, Financial Reorganization & Creditors' Rights practice. The New Jersey Law Journal places DiPasquale's arrival in the context of other 2018 lateral moves to the firm, including: White Collar Criminal Defense partners Paul B. Matey and Ryan M. Wilson, Chief Operating Officer Joseph J. Palermo, Manager of Diversity & Inclusion A. Faith English, and Litigation chair Christopher Porrino. (subscription required to access certain content)

SPEAKING ENGAGEMENTS

Conflict of Interest or Competitors in Conflict? The J. Alix Suits Against McKinsey and their Effect on Retained Professionals in Bankruptcy, 2019 Turnaround Management Association Regional Symposium, Atlantic City, NJ, June 6, 2019
Moderator, Small Business Reorganizations, Association of Insolvency & Restructuring Advisers Conference, Philadelphia, PA, June 2015
Speaker, Protecting Creditors’ Rights, New Jersey Institute for Continuing Education, December 2013

Education

Widener University Commonwealth Law School (J.D. 1994)

University of Padua, School of Law (1992), European Economic Community Law

Muhlenberg College (B.A. 1990)

Affiliations

American Bankruptcy Institute
Association of Insolvency & Restructuring Advisors
Board of Directors, Old Dominion National Bank
Board of Trustees, Association of the Federal Bar of New Jersey
Chair, Bankruptcy Court Committee of the Association of the Federal Bar of New Jersey
Fellow, Litigation Counsel of America
National Association of Bankruptcy Trustees
New York Institute of Credit
Turnaround Management Association

Admissions

New Jersey
New York
District of Columbia
U.S. District Court for the District of New Jersey
U.S. District Court for the Southern District of New York
U.S. District Court for the Eastern District of New York
U.S. Court of Appeals for the Third Circuit
U.S. Court of Appeals for the District of Columbia Circuit

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