Richard Kremen concentrates his practice in the area of bankruptcy, commercial lending, title litigation and complex commercial litigation, including defense of lender liability suits and contract litigation. He regularly represents financial institutions. He has substantial litigation experience at both the trial and appellate levels.

Mr. Kremen has been a member for over 25 years of the Panel of Bankruptcy Trustees. He has also served as a Chapter 11 trustee in many operating and non-operating Chapter 11 cases.

Representative bankruptcy court cases in which Mr. Kremen has been actively involved include:

• In re Old Carco LLC (f/k/a Chrysler LLC) (Bankr. S.D.N.Y. 2009): Counsel for one of the largest creditors in the Chapter 11 Chrysler bankruptcy filed in the Southern District of New York.
• In re Nortel Networks, Inc. (Bankr. Del. 2009): Represented one of the largest creditors in Nortel, a multi-national bankruptcy filing which was filed in Canada, Delaware and Europe. Represented creditor in all three jurisdictions.
• In re Caruso Homes, Inc. (Bankr. D. Md. 2008): Represented one of the largest secured creditors in this large home builder bankruptcy filing in Maryland.
• In re Tweeter Entertainment Group Inc. (Bankr. Del. 2007): Counsel to one of the largest consignors of goods to this national retailer.
• In re Saint Vincent Catholic Medical Center of New York (Bankr. S.D.N.Y. 2005): Counsel to one of the largest creditors in the Chapter 11 bankruptcy cases filed by the largest Catholic hospital system in New York.
• In re Kmart Corp. (Bankr. N.D. Ill. 2002): Represented Sara Lee and other large unsecured creditors in the Kmart cases in the Northern District of Illinois.
• In re US Airways Group., Inc. (Bankr. E.D. Va. 2002): Counsel to the largest secured lender in connection with US Air’s Chapter 11 proceedings in the Eastern District of Virginia.

Mr. Kremen also regularly writes and lectures on topics concerning loan workouts, lender liability issues, and bankruptcy law, including representation of secured creditors, solicitation and representation of creditor committees, retention of turnaround professionals and financial advisors, litigating cases in the bankruptcy courts, analyzing and managing ethical issues that arise in bankruptcy cases, and recognizing and reporting bankruptcy crimes, fraud and other abuses of the bankruptcy process. Recently, he has spoken at conferences or seminars for the National Conference of Bankruptcy Judges, Commercial Law League of America, the American Bankruptcy Institute, and the Turnaround Management Association. Mr. Kremen is also a featured panelist and speaker at the Advanced Bankruptcy Institute on Business Bankruptcy presented by the Maryland Institute for Continuing Professional Education of Lawyers.

Representative publications and presentations include:

• Statutory Construction and the Uses and Misuses of the Bankruptcy Court’s Equitable Powers Under Section 105, Commercial Law League of America - 21st Annual Meeting (2007). Speaker: Richard M. Kremen.
• Ethics: Calibrate Your Compass” – Selected Issues for Attorneys Representing Clients in Bankruptcy Matters, American Bankruptcy Institute – 3rd Annual Mid-Atlantic Bankruptcy Workshop (2006). Speaker: Richard M. Kremen.
• Hot Topics – Recent Developments and Changes Under BAPCPA Affecting Bankruptcy Professionals, Turnaround Management Association – 4th Annual Mid-Atlantic Regional Symposium (2006). Speaker: Richard M. Kremen.
• The Effects of the Changes and Amendments to Bankruptcy Code, American Bankruptcy Institute – Views From The Bench (September, 2006). Speaker: Richard M. Kremen.
• Retain, Maintain, Contain: The Latest on Retention of Professionals, American Bankruptcy Institute – 1st Annual Mid-Atlantic Bankruptcy Workshop (2005). Moderator: Richard M. Kremen.
• Legal Ethics – Ethical Considerations Involving the Representation of the Committee, American Bankruptcy Institute – Views From The Bench (October, 2005). Speaker: Richard M. Kremen.
• Lender Liability Considerations, Deepening Insolvency Issues, and Attorney Ethical Duties, Turnaround Management Association – 3rd Annual Mid-Atlantic Regional Symposium (2005). Speaker: Richard M. Kremen.
• Recent Decisions on Bankruptcy Crimes and Fraud, National Conference of Bankruptcy Judges – 78th Annual Meeting /ABA Section of Business Law, Business Bankruptcy Committee, Subcommittee on Bankruptcy Crimes, Fraud & Abuses of Bankruptcy Process (2004). Speaker: Richard M. Kremen.
• Confirmation and Postconfirmation Issues, American Bankruptcy Institute – Views From The Bench (October, 2004). Speaker: Richard M. Kremen.
• Third-Party Releases: As corporate governance continues to add lawyers of liability, will companies continue to use Chapter 11 to cleanse the assets and the directors and officers? How effective are these releases?, American Bankruptcy Institute – Views From The Bench (September, 2003). Speaker: Richard M. Kremen.
• Current Issues in Ethics: (1) Are the Conflict Rules Interpreted Differently Depending on the Court? (2) Retention and Related Compensation Issues Under Bankruptcy Code Section 327(a) – 2001-2002 Developments, American Bankruptcy Institute – Views From The Bench (September, 2002). Facilitator: Richard M. Kremen.
• How Lawyers Go To Jail: Prepetition and Postpetition Pitfalls, ABA Section of Business Law, Business Bankruptcy Committee, Subcommittee on Bankruptcy Crimes, Fraud & Abuses of Bankruptcy Process – Bankruptcy Fraud Seminar (2001). Speaker: Richard M. Kremen.
• Recent Developments on Bankruptcy Crimes: Has ‘Operation Total Disclosure’ Been Effective?, Norton’s Annual Survey of Bankruptcy Law (June 2000). Author: Richard M. Kremen.

In 2008, Mr. Kremen was named a Maryland Super Lawyer and was cited as one of the state's top 50 Super Lawyers. In 2007, Baltimore magazine named Mr. Kremen one of Baltimore's 10 best lawyers. In 2006, Baltimore SmartCEO magazine named him among Maryland's Legal Elite.