Rudy J. Cerone
<p>Rudy J. Cerone is a member of McGlinchey Stafford, PLLC in New Orleans and chairs its Creditors’ Rights, Financial Restructuring and Bankruptcy Practice Group. He also served as a commissioner on ABI’s Commission on Consumer Bankruptcy. Mr. Cerone has four decades of practice, advising creditor clients involved in business bankruptcy, commercial litigation and complex consumer cases throughout Louisiana. He also assists lawyers in other McGlinchey offices nationally. Mr. Cerone counsels lenders and equipment lessors in workouts, bankruptcy proceedings and collateral recovery involving several industries, including health care, gaming and energy. He also defends clients against lender-liability claims, class actions and sanctions proceedings, and his clients include a range of financial services providers, from big Wall Street bondholders and large national institutions with secured credit matters to community banks that need help dealing with troubled loans. Mr. Cerone was admitted to the California Bar in 1979 and to the Louisiana Bar in 1984. He is a Fellow of the American College of Bankruptcy (2001) and is certified as a Business Bankruptcy Specialist by the American Board of Certification (1993) and by the Louisiana Board of Legal Specialization (1997). In 2019, he received a Mid-Size Company Turnaround of the Year Award from the Turnaround Management Association and a Chapter 11 Reorganization of the Year ($10MM to $25MM) Award from The M&A Advisor. Mr. Cerone is a long-time ABI member and former Board member, and he served as a commissioner on ABI’s Commission on Consumer Bankruptcy and as a chair of ABI’s International Caribbean Insolvency Symposium. He also is former chair, president and board member of the American Board of Certification. Mr. Cerone is a member of the State Bar of California, Louisiana State Bar Association, Bankruptcy Law Advisory Commission, Bar Association of the Federal Fifth Circuit and the American Bar Association. He is an author and frequent lecturer on both business and complex consumer bankruptcy issues. Mr. Cerone received his B.A. summa cum laude from the University of California at San Diego in 1976 and his J.D. cum laude from Boston College Law School in 1979, where he received the Order of Coif (1979), was the executive editor of the Boston College International & Comparative Law Review (1978-79) and received the Best Law Review Editor Award (1979).</p>