Mr. Michael P. Richman

Michael P. Richman is a member of Richman & Richman LLC in Madison, Wis., where he focuses on representing chapter 11 business debtors, creditors and creditors’ committees and advises on virtually every aspect of financial distress and bankruptcy, as well as out-of-court restructurings. He is also an experienced litigator who frequently represents parties in commercial litigation in state and federal courts. In addition to chapter 11 business debtor, creditor and creditor committee work, Mr. Richman’s bankruptcy experience includes the prosecution and defense of complex preference and fraudulent conveyance cases, breach-of-duty claims against corporate insiders, and advocacy for purchasers of assets under § 363. Prior to moving to Wisconsin in April 2018, his legal practice was centered in New York City in the federal, state and bankruptcy courts located in the Southern District of New York, and he appeared frequently in Delaware. Mr. Richman maintains his active bar admission in New York and continues to represent clients in bankruptcy and litigation matters across the nation. In a career of more than 40 years, he has appeared in courts in more than 20 states. Mr. Richman is a past ABI President and chaired the Section 363 Subcommittee of ABI’s Commission to Study the Reform of Chapter 11, and he served as co-vice chair of ABI’s National Ethics Task Force. He has for many successive years been named a “Super Lawyer” in peer surveys conducted by Thomson Reuters, including most recently for Wisconsin in 2022-24. He was also recently honored by The Best Lawyers in America as a Lawyer of the Year in both 2024 and 2025 in Wisconsin. Mr. Richman has written numerous articles on ethics in bankruptcy practice published in the ABI Journal, is a regular lecturer on bankruptcy ethics topics for ABI and the Practicing Law Institute, and over the past 30 years has been an invited speaker/lecturer at hundreds of bankruptcy conferences on many other topics. He is also the founder and a performing member of ABI’s house band, the Indubitable Equivalents, and since January 2018 he has taught bankruptcy law as an adjunct Professor of Law at the University of Wisconsin Law School in Madison. Mr. Richman received his undergraduate degree with honors from Vassar College and his J.D. from Columbia Law School, where he was a Harlan Fiske Stone scholar and was awarded the David M. Berger award in honor of Prof. Wolfgang Friedmann for distinction in international law. He also served as managing editor of the Columbia Journal of Transnational Law.