William C. PriceWilliam Price Clark Hill
William C. Price
William C. Price organizes and resolves matters involving crises for diverse clientele. In both transactional and litigation settings, Bill partners with clients to formulate and implement strategies to achieve results identified at the outset and periodically revisited throughout his representations. By marrying a practical and academic approach to each client’s needs, he takes an active role with each client to deliver the results that are in line with the client’s expectations—both economically and within the client’s desired timeframe. Bill stresses to every client the importance of a client taking ownership of their strategy with respect to each matter with Bill serving as a key advisor in formulating and implementing such a strategy. He takes great pride in the firm’s “results oriented” approach to client service and it is his goal for each client to view him and this firm as their most critical advisor in connection with any transaction or piece of litigation.
Typical matters involve workout, bankruptcy, insolvency and commercial litigation. Additionally, Bill provides general counsel to private equity clientele, usually with an investment thesis involving distressed acquisitions or debt funds.
Bill is a member of the firm's Banking & Finance Practice Group, where he serves as the team leader for the Workout subgroup. He is an active member of the commercial and insolvency community in Western Pennsylvania serving on the United States Bankruptcy Court for the Western District of Pennsylvania’s Standing Local Rules Committee and its Mediation Panel. Also, he is a past Chair of the Allegheny County Bar Association’s Bankruptcy & Commercial Law Section Council.
To remain sharp on issues that affect his clientele in the commercial environment, Bill teaches the course Secured Transactions (Article 9 of the Uniform Commercial Code) at the University of Pittsburgh School of Law. He has been selected for inclusion in Pennsylvania Super Lawyers – Rising Stars Edition for each year since 2010. Martindale-Hubbell has given Bill an "AV Preeminent" Peer Review Rating.
Bill is an active member of Western Pennsylvania's non-profit and philanthropic communities where he serves as a volunteer and Board member on behalf of multiple organizations. He is currently a Commissioner serving on the Allegheny County Human Relations Commission.
Publications / Presentations
- "The Fate of Structured Dismissals," Allegheny County Bar Association, December 2016.
- "The Past, Present & Future of the Energy Market," Turnaround Management Association, October 2015.
- "CROs, Receiverships and Turnarounds: The Business Perspective," Allegheny County Bar Association, December 2014.
- "Purchasing Commercial Properties in Foreclosure/Bankruptcy," NAIOP Commercial Real Estate Development Association, Pittsburgh, December 2013.
- "A Paradigm Shift Toward Technology in Ch. 11," Law360.com, August 2013.
- "Everything You Wanted To Know About Bankruptcy, But Were Really Afraid to Ask," Western Pennsylvania Association of Corporate Counsel seminar, April 2013.
- "Lawyers Work With Ozanam to Give Kids Basketball Training As Well As Tutoring," Pittsburgh Post-Gazette, March 11, 2013.
- "First Consumer Agency Civil Enforcement Action Seeks Permanent Injunction Against Law Firm," TRA Legal Alert, August 2012.
- "U.S. Supreme Court Requires 'Credit Bidding' For Confirmation of Chapter 11 Plans," TRA Legal Alert, June 2012.
- "What's Hot in Complex Chapter 11 Bankruptcy - Credit Bidding," Pennsylvania Bar Institute, March 2012.
- "Legal Considerations for the Small Business Owner," University of Pittsburgh College of Business Administration, February 2012.
- "Avoidance Actions Overview Section 547 of the Bankruptcy Code," Allegheny County Bar Association, December 2011.
- "U.S. Trustee's Office – Chapter 11 Issues," Allegheny County Bar Association, December 2011.
- "Property Management Issues to Consider During Bankruptcy," NAIOP CE for Commercial Real Estate Brokers, December 2011.
- "Top Commercial Cases of the Year," Pennsylvania Bar Institute 16th Annual Bankruptcy Institute, October 2011.
- "Protecting the Creditor's Rights During Bankruptcy," National Business Institute, December 2010.
- "Valuing Assets in Chapter 11 Cases - Methodologies and Strategies in Reorganizations and Liquidations," Pennsylvania Bar Institute 15th Annual Bankruptcy Institute, September 2010.
- "In-Depth Title Insurance Principles - Impact of Bankruptcy on Real Estate and Title Insurance," National Business Institute, June 2009.
- "Representing Commercial Landlords in Bankruptcy," Bankruptcy Law Mountaineer Series 2008, December 2008.
- "The 2007 Amendments to the Federal Rules of Bankruptcy Procedure: An Overview for the Bankruptcy Practitioner," Bankruptcy Law Mountaineer Series 2008, December 2008.
- "The Collision of the Automotive and Plastics Industries with the Bankruptcy Courts," Allegheny County Bar Association, November 2008.
- "A Roadmap for Representing Commercial Landlords in Bankruptcy," Allegheny County Bar Association, November 2007.
- "A Primer on Bankruptcy Law," Allegheny County Bar Association Young Lawyers Division, September 2007.
- "BAPCPA - An Overview of the Modifications to the Bankruptcy Code," Allegheny County Bar Association, November 2005.
In connection with its receipt of two medical marijuana dispensary licenses in Pennsylvania, have advised a client on formulating its application and appeals with respect to these licenses, capital-raising documentation, media “right to know” requests, real estate transactions and zoning, and employment matters.
After 3 ½ years, the dogged prosecution of nine separate federal and state lawsuits In Pennsylvania, New Jersey, and New York, and two late night closings, all involving seemingly intractable fraudulent transfer and lien priority issues, a multi-disciplinary team of Clark Hill lawyers recently concluded a massive commercial loan work-out for our Bank client that resulted in the recovery of substantially the entire eight figure, 10 year old debt owed by the Bank’s most recalcitrant borrower, with significant contributions from his foreign partners.