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John W. Weiss and Joseph C. Barsalona II Featured in Delaware Business Times on Pashman Stein Walder Hayden P.C. New Delaware Office and Expansion of its Bankruptcy, Restructuring & Creditors’ Rights Practice

News
8.10.22

John W. Weiss, chair of the Bankruptcy, Restructuring & Creditors’ Rights practice at Pashman Stein Walder Hayden P.C., and firm partner, Joseph C. Barsalona II, were featured in the Delaware Business Times article, “N.J. Firm Pashman Stein Opens Wilmington Office.”  The article discusses the firm’s expansion of its newly formed Bankruptcy, Restructuring & Creditors’ Rights and opening of an office in Wilmington, Delaware.  John Weiss, a longtime partner at AmLaw 100 firm Alston & Bird, joined Pashman Stein in March 2022 to build a premier bankruptcy and restructuring practice with a more competitive rate structure.

For Weiss, it’s a full-circle moment as he began his career at Duane Morris in Wilmington.

“It’s nice to kind of get back to the roots. Wilmington is a hotbed for bankruptcy cases and has remained so since the 2000s,” he told Delaware Business Times. “It was an exciting opportunity to think about building a practice from the ground up from a platform of a well-established firm from a litigation perspective.”

The article also discusses the hiring of Joseph C. Barsalona II, who had worked on a case with Weiss over the last two years, to lead the efforts in Wilmington. Prior to joining Pashman Stein, Barsalona worked at Morris Nichols and at Richards, Layton & Finger.

“We had a two-hour conversation on a Friday; I’ll never forget it. And then we were just off to the races,” Barsalona recalled. “The thought of building a practice with my friend and colleague, and to see where this is going … it just was a very easy decision to make.”

“It’s been a phenomenal two months; the calls are coming in and I’m very excited for the future,” he said.

Pashman Stein firm chair and managing partner, Michael S. Stein, was quoted regarding the firm’s commitment to the growth and success of the Delaware office and its bankruptcy and restructuring practice:

Stein told [Delaware Business Times] that he views Wilmington as a big growth opportunity for his firm, and that he expects to add more attorneys in coming months….

“Our aspirations there are very high, and we really want to develop a very strong presence in that [practice] space,” he said, noting that they don’t have specific hiring targets, but want to add complementary attorneys who will embrace their culture and advance toward their goals.

 To read the full article, click here.

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