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Corinne Brennan

Partner
  • Bankruptcy & Restructuring |
  • Litigation |
  • Philadelphia, PA |
cbrennan@klehr.com 215.569.3393 LinkedIn Download Contact
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Biography

Education

Admissions

Memberships

Awards & Honors

News & Events

Experience

Biography

Cori concentrates her practice in commercial and consumer bankruptcy, reorganization, workouts, foreclosure litigation, regulatory matters related to consumer finance, and general consumer and commercial litigation.

Cori has more than a decade of experience representing secured lenders, creditors, committees, equity security holders, and trustees in all facets of commercial and consumer bankruptcy proceedings, including contested matters, adversary proceedings, and appeals. Representative matters in bankruptcy include counseling both plaintiffs and defendants in preference litigation, fraudulent transfer actions, and dischargeability challenges.

Her workout practice includes the representation of national and regional banking institutions, credit unions, private equity firms, and high net-worth individuals in unique out-of-court financial reorganizations that require a combination of restructuring, transactional, and litigation expertise. Her diverse state court representative matters include receiverships, assignments for the benefit of creditors, quiet title actions, and commercial and residential foreclosure proceedings. She has also represented clients in both the prosecution and defense of a wide variety of commercial claims, such as complex contract disputes, business torts, confessions of judgment, and fraudulent transfer actions.

Cori’s financial services practice also includes the regular provision of counseling to her clients on regulatory compliance and due diligence matters under the Equal Credit Opportunity Act (ECOA), Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Fair Credit Reporting Act (FCRA) and Fair Debt Collection Practices Act (FDCPA). She has successfully defended clients against claims and counterclaims based on alleged violations of these and other laws and frequently conducts in-house training seminars related to these topics.

Education

Temple University Beasley School of Law, J.D.

University of Rochester, B.A., cum laude

Admissions

Pennsylvania

New Jersey

U.S. District Court, Eastern District of Pennsylvania

U.S. District Court, District of New Jersey

U.S. Court of Appeals, Third Circuit

U.S. District Court, Middle District of Pennsylvania

U.S. District Court, Western District of Pennsylvania

Memberships

Member, Board of Directors; Risk Management Association – Philadelphia Chapter

Member, Loan Committee for the Philadelphia Industrial Development Corporation (PIDC) (March 2017)

Member, Mediation Panel for the United States Bankruptcy Court for the Eastern District of Pennsylvania (July 2016)

Co-Chair, Philadelphia Network Leadership Cabinet for the University of Rochester

Awards & Honors

Named to “The Best Lawyers in America” list for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law (2022-2023)*

Recipient of The Legal Intelligencer‘s “Lawyers on the Fast Track” Award (2020)*

Named to the “Pennsylvania Rising Stars” list by Thomson Reuters for creditor/debtor rights (2012-2021)*

*Awards Methodology

News & Events

Presenter, “Anatomy of a PPP Fraud Investigation: Part II,” Pennsylvania Bar Institute, November 16, 2022

Presenter, “Anatomy of a PPP Fraud Investigation,” Pennsylvania Bar Institute, January 12, 2022

Appointed, “Corinne Brennan Appointed to Risk Management Association Board of Directors,” July 20, 2021

Presenter, “Part Two: Loan Sales and Distressed Loan Recovery Strategies,” accredited CLE program, April 7, 2021

Presenter, “The Paycheck Protection Program in 2021,” Pennsylvania Bar Institute, March 19, 2021

Presenter, “Loan Sales and Distressed Loan Recovery Strategies,” accredited CLE program, March 3, 2021

Author, “Bankruptcy Petitions Do Not Compel the Instantaneous Turnover of Repossessed Vehicles,” February 11, 2021

Mentioned, “Networking to Build Your Practice: How a Top Immigration Lawyer Did Just That,” The Legal Intelligencer, July 28, 2020

Author, “CARES Act Expands Availability of Chapter 11 Relief to More Small Businesses,” March 30, 2020

Author, “Coronavirus Places Certain Industries at Serious Risk of Bankruptcy,” March 19, 2020

Author, “Coronavirus and the Financial Institution: Strategic Considerations for Lenders,” March 16, 2020

Speaker, “How to Net a Profit from a Networking Group,” Legal Marketing Association Breakfast Program, January 30, 2020

Panelist, Pennsylvania Bar Institute: PBI Real Estate Institute, December 6, 2019

Author, Philadelphia Property Tax Reassessment: What It Means and How to Respond,”  2018 Pennsylvania CPA Journal, June 4, 2018

Presenter, Young Professionals Risk Management Association, Multi-generational Event, June 2017

Presenter, FINANTA (Financing Aid and Technical Assistance) Workshop; Focus of Workshop – Collection Alternatives and Creditors’ Rights in Bankruptcy Proceedings, March 2016

Presenter, American College of Bankruptcy and the Eastern District Bankruptcy Conference’s Education Seminar “Equitable Mootness – You Be the Judge”, November 2015

Experience

  • Represented a commercial landlord in a landlord-tenant dispute, wherein a preliminary injunction was obtained on behalf of property owner client prohibiting defendants from operating unauthorized lodging in almost twenty units on the plaintiff’s premises, where defendants’ unlawful subtenants were engaging in illegal activities in violation of lease agreement
  • Represented financial institution in an out-of-court commercial workout with a property holding company, which resulted in the structured liquidation of several historic properties and full repayment of the debt to the client, including default interest and all attorneys’ fees and costs totaling approximately $2 million
  • Obtained a dismissal of a six-count preference and fraudulent transfer complaint on behalf of a corporate creditor in defense of an adversary proceeding, resulting in zero overall liability for the client
  • Represented a financial institution in an out-of-court commercial workout with a property holding company, which resulted in the structured liquidation of several multi-family properties, refinancing of a half dozen credit facilities, and full repayment of the debt to the client, including all attorneys’ fees and costs
  • Represented a commercial tenant in a landlord-tenant dispute, wherein the landlord’s preliminary injunction was denied in a first action, and a confessed judgment was opened in a second action
  • Led the successful prosecution of a highly contested multi-million dollar commercial mortgage foreclosure action through trial, which ultimately resulted in the entry of a verdict and judgment in favor of a private equity client
  • Effectively represented a lender in connection with a major check kiting operation that defrauded multiple banks of over $10 million
  • Represented a Fortune 500 company in a complex collections action against a guarantor, resulting in a favorable seven-figure settlement
  • Assisted a financial institution in formulating a strategy and response to a federal regulatory investigation related to alleged violations of consumer lending laws, which resulted in a closure of the investigation without a finding of liability
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