Damien N. Tancredi

Damien Nicholas Tancredi is a member of Flaster Greenberg's Bankruptcy, Financial Restructuring and Risk Management Department as well as the firm's Litigation Department. 

Mr. Tancredi's restructuring practice encompasses all aspects of a distressed debtor creditor relationship from out of court workouts, debt restructuring, Chapter 11 and Chapter 7 corporate bankruptcy, and non-bankruptcy restructurings such as dissolutions, assignments for the benefit of creditors, and Article 9 foreclosures. Mr. Tancredi's clients include traditional and Subchapter V bankruptcy debtors, court appointed trustees, commercial landlords, business owners, and vendors. The scope of Mr. Tancredi's engagements have included traditional debtor reorganization, sales through bankruptcy, creditor and landlord representation, bankruptcy asset purchasers, and plaintiffs and defendants in a breadth of adversary proceedings. Mr. Tancredi's primary geographic focus is matters within Delaware, New Jersey, and Pennsylvania, but he has participated in bankruptcy proceedings throughout the country. Mr. Tancredi's client representations are industry agnostic and have involved stakeholders in a wide-ranging array of industries. 

In addition to his restructuring practice, Damien maintains a robust litigation practice, which includes matters in both federal and state appellate and trial courts and address myriad issues. Primarily his litigation practice involves complex creditor and corporate-related issues such as fraudulent transfers, veil piercing, and alter-ego claims. In addition, Mr. Tancredi regularly advises clients and litigates corporate, contract, real estate, and trust and estate disputes. Mr. Tancredi has litigated matters across the country and frequently appears in federal and state courts, as well as arbitration and mediation matters. He has handled and is currently handling matters both on behalf of the plaintiff or defendant. 

Early in his career, Damien worked as a student law clerk for the Delaware Supreme Court, completed a clerkship at the Delaware Superior Court, and served as an associate restructuring attorney at the Wilmington office of a national law firm based out of headquartered in Philadelphia. A graduate of Widener University School of Law in Wilmington, Delaware, magna cum laude, Damien received his J.D. and a Business Organization Law Certificate, with honors and pro bono distinctions. He was a recipient of the prestigious Dean’s Award at Widener Law and served as a member of the Widener Law Review. He received his B.A. from Temple University, cum laude, with a triple major in psychology, criminal justice, and sociology. In his formative years, Mr. Tancredi grew up on the Mayfair neighborhood of Northeast Philadelphia and attended Cardinal Dougherty High School.

Damien is a board member of the Philadelphia/Wilmington Chapter of the Turnaround Management Association, and the group chair of the Philadelphia Bar Association's bankruptcy group. He is also a member of the American Bankruptcy Institute and the Delaware Bankruptcy American Inn of Court. In addition, Mr. Tancredi handles pro bono bankruptcy engagements at the Consumer Bankruptcy Assistance Project in Philadelphia.

Mr. Tancredi is licensed to practice in the state courts of Delaware, Pennsylvania, and New Jersey and has been admitted to practice before the United States Supreme Court, the U.S. Third Circuit Court of Appeals, and the U.S. District Courts for the Districts of Delaware, New Jersey, Eastern Pennsylvania, and Middle Pennsylvania.  

• Named a Pennsylvania "Super Lawyer" in the area of Bankruptcy - Business, 2024, by Thomson Reuters, publishers of Pennsylvania Super Lawyers
• Named a Pennsylvania "Rising Star" in the area of Bankruptcy - Business, 2016 - 2023, by Thomson Reuters, publishers of Pennsylvania Super Lawyers magazine 

A description of the standard or methodology on which the accolades are based can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey. 

• Delaware Volunteer Legal Services, pro bono attorney
• Delaware Bankruptcy Inn of Court 
• Turnaround Management Association, Philadelphia Chapter
• American Bankruptcy Institute
• Moe Levine Trial Advocacy Society at Widener University School  of Law, guest judge
• Moot Court Honor Society at Widener University School of Law, guest judge