Karen Skomorucha Owens

Karen is a director in the firm’s Bankruptcy and Insolvency group.  As lead or Delaware counsel, Karen represents corporate debtors, foreign representatives, creditors’ committees, examiners, and various other creditor constituencies in reorganization and liquidation proceedings including bondholders, liquidators, secured and unsecured creditors, preference defendants, and acquirers of distressed assets. 

Karen currently serves as Secretary and Treasurer of the Delaware Bankruptcy American Inn of Court, a professional organization dedicated to the mission of fostering excellence in professionalism, ethics, civility, and legal skills within the bankruptcy community of Delaware.  She is an editor and regular contributor to The Delaware Bankruptcy Insider, a blog designed to bring readers a comprehensive summary of the latest Delaware corporate bankruptcy news and rulings.  Karen also is a regular presenter on topics, such as third party releases and fundamental bankruptcy litigation skills, and has been recognized by Super Lawyers as a 2015 Delaware Rising Star and by her peers with a Martindale-Hubbell AV® preeminent rating.

Representative Matters

Karen’s more recent matters include representation of:  the Debtors in the Chapter 11 cases filed by Cylex Inc., JER/Jameson Mezz Borrower I LLC et al., Nanogen, Inc. et al., and CFM U.S. Corporation et al.; the official creditors committees in the Chapter 11 cases of AES Eastern Energy, SP Newsprint, Cynergy Data, Mervyn’s Holdings, Marty Shoes, PCAA Parent, and Sea Launch; the Liquidators in the Chapter 11 cases filed by Orchard Supply, Ultimate Electronics, Goody’s, Blue Tulip, Boscov’s, and Ritz Camera; the foreign representative in the Chapter 15 cases filed by Spansion Japan Ltd. and Skypower Corporation; major litigation parties in the Chapter 11 cases filed by Longview Power, LLC, the Chapter 11 cases and Chapter 7 cases of HomeBanc Mortgage Corp., and the Chapter 7 cases of WL Homes LLC; the Court-appointed Examiner in the Chapter 11 case of Anderson News; the asset purchaser in the Chapter 11 cases filed by Urban Brands Inc.; the secured lender in the Chapter 11 cases filed by East West Resort Development; and the senior secured lender and asset purchaser in the Chapter 11 cases filed by Tweeter Home Entertainment Group and Tweeter Opco, LLC.

News & Publications

Professional Affiliations

  • Member, Federal Bar Association
  • Member, Delaware State Bar Association
  • Member, American Bankruptcy Institute
  • Secretary/Treasurer, Delaware Bankruptcy American Inn of Court