Co, Peter

Mr. Ostrow is a partner in the Business Department and chairs the Financial Restructuring and Bankruptcy Practice Group. He primarily represents financial institutions, loan and asset purchasers, equipment lessors, insurance companies and other secured creditors in commercial foreclosures, loan workouts, bankruptcy proceedings, property/rent receiverships, complex asset recovery actions and lender liability cases.  Mr. Ostrow has foreclosed upon a myriad of collateral such as office buildings, shopping centers, housing developments, apartment buildings, ground leases, industrial facilities, distilleries, commercial paper and business inventory, equipment and accounts. He focuses on promptly and efficiently reaching the client's goals, whether they be securing, enhancing or recovering collateral, working out a non-performing loan or resolving protracted litigation through alternative dispute resolution. He has represented clients in numerous ADR proceedings, including arbitrations governed by the American Arbitration Association and consensual or court-ordered mediations and settlement conferences.

Mr. Ostrow also represents mall owners, other landowners and tenants in leasing transactions, real estate litigation and retail bankruptcies. The real estate work includes lease preparation, renewals and modifications; lease enforcement litigation; resolution of disputes regarding early tenant closures, lease assignments, cam and percentage rent issues, operating covenants and co-tenancy and exclusivity clauses; and the sale and assumption or rejection of leases in tenant bankruptcies. He also has provided counsel to a variety of tenants such as national clothing stores, restaurant chains, supermarkets and coffee franchisees.

Mr. Ostrow received his B.A., cum laude, from the University of Vermont in 1984. He received his J.D. from The George Washington University National Law Center in 1987, where he was a member of the Law Review. He is admitted to practice in all courts of the Commonwealth of Pennsylvania, the U.S. Court of Appeals for the Third Circuit, the U.S. District and Bankruptcy Courts for the Eastern and Middle Districts of Pennsylvania and the U.S. District Court for the Eastern District of Michigan. Mr. Ostrow has been AV rated by the Martindale-Hubbell peer review rating system.