Zvi Guttman graduated with honors from the University of Maryland School of Law in 1989 where he was awarded membership in the Order of the Coif. From 1989 through 1997 Zvi was an associate and then a partner at Smith, Somerville & Case.
In 1998, Zvi opened The Law Offices of Zvi Guttman, P.A., and has represented Debtors, Creditors, Assignees and Trustees in all aspects of bankruptcy and debtor-creditor relationships. As a member of the Chapter 7 Trustee Panel in Baltimore, Maryland, he has served as Trustee in over 12,000 Chapter 7 cases. Zvi has also served as a Chapter 11 trustee and litigation trustee in numerous cases.
Served as operating Chapter 7 Trustee for 5 weeks in order to liquidate fresh seafood inventory in orderly fashion.
Appointed as Chapter 11 Trustee due to Debtor fraud. Kept dealership from “going dark” to enable liquidation of all inventory and sale of Debtor’s Nissan and Kia Franchise.
Liquidated largest privately owned home builder in Maryland. Negotiated consensual sales of 420 parcels of real estate in various stages of development resulting in over $33,000,000 in disbursements to secured and unsecured creditors. Prosecuted over 300 avoidance actions.
Worked with secured creditor to maximize value of Debtor’s real estate and remaining equipment. Real Estate valued at under $4,000,000 extensively marketed and sold for $6,800,000.
Operated multi-location movie theater business.
Appointed as Chapter 11 Trustee due to Debtor fraud. Operated long term car leasing business (1200 leases) for 7 months. Negotiated resolutions of competing claims of 12 banks to vehicle collateral.
Appointed as Litigation Trustee following confirmation of Chapter 11 Plan of Railworks and 21 subsidiaries. Charged with prosecuting over 400 avoidance actions ranging from $10,000 to over $10,000,000 as well as a number of construction claims ranging from $25,000 to over $5,000,000.
Appointed as co-Litigation Trustee following confirmation of Chapter 11 Plan of PhyAmerica and approximately 240 related entities. Prosecuted several multi-million dollar suits against former principal and others. Provided for a 75% distribution to unsecured general creditors.
Brought $30,000,000 legal malpractice suit. Prosecuted over 165 avoidance actions.
Appointed as Chapter 11 Plan Trustee and liquidated hundreds of scattered rental home sites and several apartment complexes to create multi-million fund for the payment of lead paint claims.
Represented Chapter 7 Trustee in liquidating several unusual assets.
Converted Chapter 11 liquidation of national tea retailer.
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