Lawrence J. Yumkas

Member

Logan, Yumkas, Vidmar & Sweeney, LLC
2530 Riva Road, Suite 400
Annapolis, MD 21401 
443.569.0758
lyumkas@loganyumkas.com

Practice Area

Professional Experience
During his more than 20 years in the private practice of law, Mr. Yumkas has represented corporate debtors, lenders, secured creditors, unsecured creditors, landlords, distressed investors, private equity, franchisors, bankruptcy trustees and receivers in all aspects of litigation, deal making and dispute resolution. Prior to his arrival at Logan Yumkas Vidmar & Sweeney, LLC, Yumkas headed up the bankruptcy, workouts and creditors rights practice at Rosenberg Martin Greenberg, LLP, one of Maryland’s premier business boutique law firms.

Known as a passionate and creative problem-solver and leader, Yumkas has hands-on management experience. He is the former CEO of ACG, LLC, an insurance company acquisition and liquidation specialty business. Prior to joining ACG in 2007,Yumkas served on the three member management team of his prior law firm, overseeing the business of more than 30 professionals and 60 overall employees. Mr. Yumkas is a past president of the Bankruptcy Bar Association for the District of Maryland, where he oversaw and managed a non-profit professional organization of more than 325 insolvency attorneys.

Bar Admissions
Maryland 1988
District of Columbia 1990 
United States District Court for the District of Maryland 1989
United States District Court for the District of Columbia 1993
United States Court of Appeals for the Fourth Circuit 2000
United States Supreme Court 2005

Education
University of Maryland, J.D. 1988
Union College (New York), B.A. 1985 (Cum Laude, with Distinction, Political Science)

Professional Background
Logan, Yumkas Vidmar & Sweeney, LLC, Founding Member
ACG, LLC, CEO, April 2007-September 2009
Rosenberg Martin Greenberg, LLP, Partner, 1995-2007
Whiteford Taylor & Preston, Associate, 1993-1995
Blum, Yumkas, Mailman, Gutman and Denick, PA., Associate, 1989-1993
Clerk, to the Honorable Marvin J. Garbis, United States District Judge (Maryland) 1990

Melnicove Kaufman Weiner Smouse & Garbis, Associate, 1988-1989

Professional Affiliations
Maryland State Bar Association
District of Columbia Bar 
The Bankruptcy Bar Association for the District of Maryland, President 2006-2007

Articles and Speaking Engagements
Captive Insurance Company Reports, March 2009
When Liquidating a Captive Makes Sense
Coauthor

Cayman Captive Magazine, November 2008
Captives as Liquidity and Balance Sheet Solutions
Coauthor

Bermuda Captive Magazine, June 2008
The end of a Captive’s lifecycle
Coauthor

Bermuda: Re Magazine, September 2008
Captives at the end of the Road
Coauthor

US Captive, April 2008
The end of a Captive’s lifecycle
Coauthor

Author, speaker, “What CPA’s need to know about Bankruptcy: “Planning opportunities, the warning signs and practice tips” Presentation to the Maryland Association of Certified Public Accountants’ Local Practitioner’s Committee, 1998

Panelist, “Getting the Chapter 11 Case on the Highway”, Bankruptcy Bar Association for the District of Maryland Spring Break Weekend, May, 2003;

Author, lecturer, MICPEL Advanced Real Property Institute 1996- "Exemption from Recording Charges:  Transfers Pursuant to Chapter 11 Bankruptcy Plan:  Is Buyer’s Financing Exempt?”;.

Author, lecturer, MICPEL - "What Every Litigator Must Know About Bankruptcy", 2002

Speaker, Maryland Association of Defense Counsel “A Bankruptcy Primer for Defense Counsel” 2006.

Panelist, “Hot Topics in Claims Resolution”, Bankruptcy Bar Association for the District of Maryland Spring Break Weekend, May, 2004;

Awards and Distinctions
AV professional peer rating by Martindale Hubble
Selection as one of Maryland’s Superlawyers for Bankruptcy and Creditor/Debtor Rights Bankruptcy Category 2010, 2009, 2008, 2007

Engagements
In re: Inphomation Communications Inc. – Special litigation counsel to bankruptcy trustee in liquidation of pioneering telephonic advice company known as the “Psychic Friends Network.”

In re: After Six, Ltd. – Debtor’s counsel for world renown manufacturer and licensor for men’s formal wear.  Planned  Chapter 11 liquidation resulted in unsecured creditors being repaid 96% of their claims against the Debtor’s estate.

In re: Bogdan – Counsel for prevailing appellant trustee on appeals of District Court and Bankruptcy Court decisions establishing significant national law providing that (1) unconditional assignment by mortgage lenders of whatever claims they had against debtor's alleged coconspirators, with no right to share in trustee's recovery except pro rata with other creditors of estate, was sufficient to give trustee standing to prosecute these assigned claims; and (2) doctrine of in pari delicto did not apply to prevent Chapter 7 trustee, as unconditional assignee of mortgage lenders, from pursuing causes of action that lenders had against debtor's alleged coconspirators.  In re Bogdan, 414 F.3d 507 (4th Cir. 2005).

In re: USinternetworking, Inc. – Local Counsel to prevailing Defendant in published summary judgment opinion (310 B.R. 274 Bankr.D. Md., 2004) holding that debtor was judicially estopped from bringing cause of action that it had knowingly failed to disclose as an asset in its schedules, disclosure statement or plan.

(3) failure of debtor to disclose breach of contract claim against customer in its reorganization case was failure to disclose fact, rather than position of law; and

(4) debtor's failure to disclose breach of contract claim was material to creditors' acceptance of plan and court's confirmation of plan; and

(5) debtor intentionally, and not inadvertently, failed to disclose breach of contract claim.

In re: C. J. Miller, Inc., Miller Asphalt Products, Inc. – Represented senior secured lender and provider of debtor-in-possession financing in successful chapter 11 reorganization of regional road construction and asphalt production business with $50,000,000 in annual sales.

In re: Gunthers Leasing Transport Inc. - Counsel to principals of regional air-freight trucking firm in chapter 11 reorganization. Debtor’s plan was confirmed.