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Education

George Washington University Law School, J.D., with honors, 1969

University of North Carolina, B.A., 1966

Photo of Bruce  Goldstein

Bruce Goldstein

Overview
Experience
News
Affiliations

In a career that spans more than 40 years, Bruce Goldstein has represented debtors and creditors alike, building up an especially strong local knowledge of the legal nuances of the practice and procedures in the mid-Atlantic region. He has represented debtor clients in a range of industries in large bankruptcy and insolvency-related proceedings, and has also represented secured creditors, creditors’ committees, landlords, and other parties. Mr. Goldstein’s knowledge of complex legal issues helps companies stay in business—and helps individuals move on with their lives—when they are facing financial difficulties. In his practice, he works to build relationships and trust with clients by educating them on many of the complicated issues surrounding debtor and creditor rights.

He has served as a trustee in both the U.S. District Court for the District of Columbia and the Eastern District of Virginia, and has represented trustees in Chapter 7 and Chapter 11 proceedings.

Mr. Goldstein has served on various bar committees, many of which relate to bankruptcy, reorganizations, and secured transactions. He has been selected by his peers as a top lawyer in The Best Lawyers in America for bankruptcy and creditor-debtor rights for 30 years and in 2012, Best Lawyers named Mr. Goldstein the “Washington, DC Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law Lawyer of the Year.” He has also been recognized for his bankruptcy practice in Chambers USA: America’s Leading Lawyers for Business, Washingtonian, and Super Lawyers.

Professional Highlights

  • The firm represented a regional photographic supplies and specialty photo retail chain in Chapter 11 bankruptcy proceedings. We worked with the client, creditors’ committee, and counsel for creditors to achieve a fast, efficient resolution.
  • We represented the minority partner of a multiuse commercial development project in negotiations with six banks and the majority partner concerning the terms of six partnership agreements and eight project loans, resulting in the restructuring of the loans and partnerships.
  • Represented client in Chapter 11 proceedings. Successfully defended creditor challenges to exempt marital assets which led to a settlement and dismissal of Chapter 11 proceeding. 
  • When a medical device company was unable to obtain an adequate reimbursement rate for its prescription device used mainly by Medicare patients, it retained Zuckerman Spaeder. We worked with the company’s board of directors to raise approximately $60 million in equity, which consisted of prominent medical doctors, businessmen, and venture capital firms.
  • Following the recent real estate crash, we developed a strategy for a homebuilder client to liquidate during 2007 a substantial portion of its inventory of land, triggering net operating losses which could be carried back to 2005. This plan resulted in tax refunds sufficient to pay the deficiencies owed on the loans secured by the properties which were sold.
  • We represented one of the Washington, DC area’s largest mortgage loan origination companies, devising a plan that allowed the company to honor all commitments to homeowners and to wind-down its operations without filing a formal liquidation proceeding.
  • The firm represented a regional photographic supplies and specialty photo retail chain in Chapter 11 bankruptcy proceedings. We worked with the client, creditors’ committee, and counsel for creditors to achieve a fast, efficient resolution.
  • We represented the minority partner of a multiuse commercial development project in negotiations with six banks and the majority partner concerning the terms of six partnership agreements and eight project loans, resulting in the restructuring of the loans and partnerships.
  • Represented client in Chapter 11 proceedings. Successfully defended creditor challenges ‎to exempt marital assets which led to a settlement and dismissal of Chapter 11 ‎proceeding.
  • Represented client who operated a chain of retail furniture stores in reaching a restructuring of its secured indebtness.
  • Represented client in acquisition of concrete production plant and sand and gravel business from an insolvent company.

News

Bar Admissions

Court Admissions

Professional Affiliations

  • Member, Business Bankruptcy Section of the American Bar Association
  • Member, Northern Virginia Bankruptcy Bar Association
  • Member, American Bankruptcy Institute
  • Former Member, The Congressman Walter E. Chandler American Inns of Court

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