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Joseph Friedman
Joseph A Friedman

Office: Dallas
Phone: 214-777-4287
Fax: 214-777-4299
Email: jfriedman@krcl.com
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College: Tulane University
Law School: Southern Methodist University
Admitted to the State Bar of Texas in: 1991

Practice Area(s):
Insolvency Bankruptcy and Creditor Rights
Financial Services
Distressed Assets

Mr. Friedman, a director of the Firm, practices in the Insolvency & Creditor Rights Section. He focuses on representing creditors, court-appointed committees and debtors in Chapter 11 bankruptcy proceedings. He also has experience in the preparation of non-consolidation and collateral defeasance opinions required for complex loan transactions.

Scope of Practice:

Bankruptcy; creditors' rights; exemption planning.

Recent Honors:

Named as one of the Best Lawyers in Dallas in Bankruptcy and Workout by D Magazine (2014-2016).  Ranked by Chambers USA: America's Leading Lawyers for Business as being among the top bankruptcy lawyers in the United States (2010 - 2015).  Named in Texas Super Lawyers® and Texas Monthly magazines as one of the top bankruptcy & creditor/debtor attorneys in Texas selected by Law & Politics (2009 - 2015).    Named in The Best Lawyers in America® (2012-2016) (Copyright 2012 by Woodward/White, Inc., Aiken, SC).  Elected to membership in the Fellows of the Texas Bar Foundation, the largest charitably-funded bar foundation in the country (May 2009).

Recent Representations:
  • Chapter 11 counsel for dental practice management service with 33 locations in its successful sale of operations and regulatory settlement.
  • Bankruptcy counsel for senior lender in connection with $100 million in hospital loans.
  • Lead counsel for Chapter 7 Trustee in Steak & Ale/Bennigan’s restaurants filing.
  • Company counsel for regional hospital in connection with its successful sale of its operation in Chapter 11 proceedings.
  • Counsel for creditors’ committee in reusable energy company's Chapter 11 proceedings.
  • Lead counsel for publicly traded nutritional supplement company in its successful Chapter 11 restructuring.
  • Lead counsel for creditors’ committee in 14 assisted living/nursing home cases.
  • Bankruptcy counsel for Texas-based distressed loan servicer in Chapter 11 proceedings throughout Texas.
  • Lead counsel for creditors' committee in environmental reclamation industry.
  • Lead counsel for specialty apparel manufacturer in out of court restructuring.
  • Trial counsel for various liquidating trusts, analyzing and prosecuting several hundred preference claims.
  • Counsel for creditors' committee of a national HLTV lender.  Continued post-confirmation as lead counsel for liquidating trustee.
  • Counsel for various landlord entities in national "big box" retail cases.
  • Lead counsel on national or regional basis for companies in healthcare, telecommunications, and automotive aftermarket industries on creditors’ rights and bankruptcy matters.
  • Numerous representations in connection with exemption planning, discharge issues, avoidance actions and other matters arising out of interaction of divorce and bankruptcy proceedings.
Professional Affiliations:

Dallas Bar Association; American Bankruptcy Institute (Trade Creditor Newsletter Editor, 2010).


State Bar of Texas (1991).  United States Supreme Court.  United States Court of Appeals for the Fifth Circuit and Tenth Circuit.  United States District Courts for the Northern, Southern, Eastern and Western Districts of Texas and the Western District of Oklahoma.


Speaker, "Gone Broke:  Issues in Bankruptcy," 37th Annual Advanced Family Law Course, Family Law Section, State Bar of Texas (August 2011).  Co-Author, "Cut the Middle Man: Court Prohibits Use of Client for Indirect Solicitations," American Bankruptcy Institute Unsecured Trade Creditors Newsletter (Vol. 9, No. 2, May 2011) regarding attorney solicitations of unsecured creditors committees.  Co-Author, "Defending Preferences and Preserving Data in an ESI World," American Bankruptcy Institute Trade Creditors Committee Newsletter (Vol. 9, No. 1, Feb. 2011).  Speaker, "Financial Crisis:  Selected Issues in Bankruptcy," Advanced Family Law Course, Family Law Section, State Bar of Texas (2010).  Speaker, “Family Law Isn’t Just the Family Code:  Understanding How Other Codes Apply to Family Law Bankruptcy Code,” Advanced Family Law Course, Family Law Section, State Bar of Texas, 2009.  "Bankruptcy Reform for the Family Law Lawyer: New Code, New Day," 31st Annual Advanced Family Law Course (2005); "Bankruptcy: A Federal Bull in a State Court China Shop," AAML/AICPA National Conference on Divorce (2004); "Bankruptcy: Why Do You Care?," State Bar of Texas 29th Annual Advanced Family Law Course (2003); "Dealing with Debt: Bankruptcy and Beyond," University of Texas School of Law Family Law on the Front Lines (2003); "When the Wolf Is at the Door: Pending Insolvency and Its Effect on Divorce," State Bar of Texas 27th Annual Advanced Family Law Course (2001); "Bankruptcy and Family Law," University of Texas School of Law Family Law on the Front Lines (2001); "Bankruptcy and Family Law," State Bar of Texas Advanced Family Law Course (2000); "Sex, Lies and Liabilities: Bankruptcy and Family Law," State Bar of Texas, 23rd Annual Advanced Family Law Course (1998); "Show Me the Money: Bankruptcy and Family Law," College of Advanced Judicial Studies (1997); "Bankruptcy and Family Law: New Statutes and Old Dangers," Marriage Dissolution Institute (1996); author and speaker, "When Domestic Relations Matters Become an Issue in Bankruptcy," Legal Assistants Division Advanced Bankruptcy Seminar (1995); author, "Recent Changes to the Bankruptcy Code Impacting Family Law," 2 State Bar Section Report – Family Law (1994); "Debtor's Desperation for Cash vs. Bank's Demand for Collateral," 47  Con. Fin. Law Q. Rep. 156 (1993); "Administrative Freeze: Creditor's Overreaching or Prudent Banking," 24 UCC L.J. 228 (1992); co-author, "ERISA, Bankruptcy and Texas Exemptions," 15 Texas Banking Law Institute (1992); author, "Lender Exposure Under Section 547 and 550: Are Outsiders Really Insiders?," 44 Sw.L.J. 985 (1990).

Published Decisions:
Grigsby v. Carmel, 238 B.R. 758 (Bankr. N.D. Ill. 1999); Whipple v. Fulton, 236 B.R. 626 (Bankr. E.D. Tex. 1999); In re Base Holdings, LLC 487 B.R. 727 (Bankr. N.D. Tex. 2012); 2013 WL 357607 (N.D. Tex. Jan. 30, 2013); 2014 WL 895403 (N.D. Tex. March 5, 2014).


Southern Methodist University, J.D. cum laude, 1991; Tulane University, B.S. cum laude, 1985.

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