Chrysanthe E. Vassiles

Partner

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Chrysanthe E. Vassiles is a partner that concentrates her law practice in the creditors’ rights/bankruptcy, collections, and business areas.  She represents publicly-traded corporations, privately-held entities, financial institutions, trustees, receivers, secured creditors, creditors’ committees, and unsecured creditors in Chapter 7 liquidation and Chapter 11 reorganization bankruptcy cases, including contested matters, complex fraudulent and preferential transfer cases, and nondischargeability adversary proceeding litigation; state court receiverships, commercial collection cases, foreclosures, and workouts; and contract negotiations.

Career highlights include:

  • Represented Chapter 7 trustee in bankruptcy case involving complicated contested matters and adversary proceedings, culminating in global settlement amongst debtor, debtor’s wife, another Chapter 7 trustee, largest unsecured creditors, and administrative claimants, successfully stemming the ongoing litigation.
  • Represented Chapter 7 trustee in adversary proceedings to avoid and recover fraudulent and preferential transfers made as the result of the debtor’s multi-million dollar Ponzi scheme.
  • Successfully represented Chapter 7 trustee in intradistrict bankruptcy court litigation, ultimately resulting in the conversion and dismissal of a sham Chapter 11 bankruptcy case.
  • Represented secured lender/stalking horse bidder in contentious state court receivership and bankruptcy case, resulting in the sale of the debtor’s assets to the secured lender/stalking horse bidder.
  • Represented stalking horse bidder in the winning bid and purchase of a nationally franchised restaurant through a bankruptcy proceeding.
  • Obtained favorable decision from the bankruptcy court as to debtor’s interest in a half million dollar tax-deferred annuity.

Background: Prior to joining Black McCuskey, Chrysanthe served two years as a Judicial Law Clerk for the Honorable Russ Kendig, Bankruptcy Judge for The United States Bankruptcy Court for the Northern District of Ohio, Canton Division, and five years as a Staff Attorney for Community Legal Aid Services, Inc. in Canton representing debtors in Chapter 7 liquidation and Chapter 13 reorganization bankruptcy cases.

Honors:  Chrysanthe was named a Rising Star by Ohio Super Lawyers magazine.  A graduate of The Ohio State University College of Law, she was an Associate Editor of The Ohio State Law Journal, which published her Note entitled Checkbook Journalism: It May Involve Free Speech Interests but It Is Not Free; Can Witnesses Be Prohibited from Selling Their Stories to the Media Under the First Amendment?, 56 OHIO ST. L.J. 1619 (1995).

Community Involvement:  Chrysanthe’s civic and professional involvements include serving as a Board Member and Chairperson of the Supervisory Committee of the Dover-Phila Federal Credit Union; a Stark County Bar Association designee to the Attorney Constituent Group for the Northern District of Ohio Bankruptcy Court; an attendant at New Pointe Community Church; a member of the Ohio State Bar Association, the Stark County Bar Association, and the Tuscarawas County Bar Association; a planning committee member of the White-Williams Bankruptcy Institute and the William J. O’Neill Regional Bankruptcy Institute; and a member of various other civic and professional organizations.

Articles:

Recent Changes to Article 9 of the Uniform Commercial Code: Debtor Name