Patrick M. Costello has practiced law for over 25 years, primarily in the areas of insolvency, bankruptcy, creditors' rights, workouts, secured transactions, and commercial law. He has represented debtors, creditors, trustees, creditors' committees, purchasers, licensors, licensees, non-institutional lenders, officers, boards of directors and investors in bankruptcies, out-of-court workouts, assignments for benefit of creditors, dissolutions and a broad range of highly leveraged and distressed transactions ranging in value from several hundred thousand to in excess of a billion dollars. Mr. Costello has counseled directors, senior management, investors, and creditors concerning potential duties and liabilities to creditors and/or the corporation in the "zone of insolvency" and has advised and represented such parties in related state and federal court litigation. He has successfully represented members of senior management in appeals before the Ninth Circuit.
Mr. Costello received a B.A., cum laude, from the University of Chicago and his J.D. from Hastings College of the Law.
Mr. Costello has lectured on a range of bankruptcy and insolvency issues before bar associations, corporate law firms and trade groups, and has been a guest lecturer at Santa Clara Law School and the University of California Hass School of Business. He has served on the Insolvency Law Committee of the Business Law Section of the State Bar of California and as a co-chair of the UCC Committee of the Business Law Section of the State Bar of California.
Mr. Costello has co-authored "Technology Licensing: Protecting Licenses Against the Risk of the Licensor's Insolvency" in the California Business Law Practitioner, Vol. III, No. 2, Spring 1988; "New Bankruptcy Code Section 365(n): Limited Comfort for the Technology Licensee" in California Business Law Reporter, Vol. X, No. 5, January 1989; "Intellectual Property Licenses After the Enactment of Special Legislation: Limited Security" in Business Law News, Vol. 11, No. 3, Winter 1989; and "Now That the Tide Has Turned: The Impact of Bankruptcy on Customers of Technology Licensors and Service Providers" in Technology Access Report, (January 2002).
Mr. Costello is admitted to practice in the State of California and before the United States District Court for the Northern, Southern, Eastern, and Central Districts of California, and the Ninth Circuit Court of Appeals.
Catherine Lee has over 20 years diverse legal experience from working in both international firms and boutique firms practicing different areas of law. She has extensive experience in formulating and preparing proofs of claim in complex commercial matters, investigating and quantifying preference exposures, and secured transaction documentation and perfection. She is also well-versed in voluntary and involuntary bankruptcy petition filings, formation of companies both in the U.S. and internationally in Hong Kong. She is fluent in the Chinese language.