Ricardo Palacio

Ricardo Palacio is a Director and co-chair of Ashby & Geddes’ Bankruptcy and Insolvency group. Chambers USA notes Mr. Palacio as a “smart guy with a nice disposition,” and “very personable, very practical, does a very good job on his feet.”

Serving as both Delaware and lead counsel, Mr. Palacio’s practice focuses primarily on bankruptcy, restructuring and litigation matters.  In that practice, Mr. Palacio regularly represents corporate debtors, creditors’ committees, trustees (Chapter 7 and Chapter 11), commercial landlords and various other constituencies including secured lenders, buyers of assets, and aircraft/personal property lessors.  Mr. Palacio also maintains a bankruptcy litigation practice representing both plaintiffs and defendants in actions involving, among other things, preferences, fraudulent transfers, reclamation claims and professional fee disputes, and is frequently sought by clients for representation in high-stakes litigation.

Mr. Palacio serves clients on an national basis appearing in courts and matters located in California, Delaware, Pennsylvania, New Jersey, New York, Puerto Rico, Texas, Virginia and the U.S. Virgin Islands.  Additionally, given his fluency in Spanish, Mr. Palacio has assisted clients located in Mexico and South America on U.S. bankruptcy and restructuring matters.