Richard Larsen concentrates on all aspects of bankruptcy law and commercial litigation. He is a recognized and experienced practitioner representing the interests of individuals, financial institutions, businesses, debtors and creditors in Chapters 7, 11, 12 & 13 of the Bankruptcy Code. He also represents clients in non-bankruptcy workouts, collections, liquidations and other business disputes. For over thirty three years he has represented Chapter 7 Panel Trustees in contested bankruptcy litigation, including numerous trials in the bankruptcy court. Mr. Larsen successfully defended a business client in a bankruptcy appeal in the 7th Circuit Court of Appeals in Chicago.
Geographically, Mr. Larsen’s practice includes all the courts in Northern Illinois, namely, DeKalb, Kane, McHenry, DuPage, Will, Kendall, LaSalle, Ogle, Lee, Winnebago, Cook and Boone. He has spent his career “riding the circuit” having appeared in virtually every Bankruptcy and State Court in Northern Illinois on a regular basis.
Mr. Larsen is married and has three adult children . He enjoys golf and is an avid runner, and participates in many local half-marathons and other races. Mr. Larsen completed his first full marathon (26.2 miles) in the Fox Valley Marathonon September 22, 2019.
Professional Organizations and Speaking Engagements
Member of the Kane and DuPage County Bar Associations
Articles and Publications
Mr. Larsen is a contributing author to the 2018 IICLE Business Bankruptcy Handbook and a winner of the 1990 Illinois State Bar Association Lincoln Award in legal writing.
Illinois State Bar 1986; United States Northern District of Illinois 1986; Central District of Illinois 2012; 7th Circuit Court of Appeals 1997
Attorney Larsen recently represented a local bank in an appeal before the 2nd District Court were his client was affirmed regarding a priority dispute between Mr. Larsen's client, a mortgage lender, and another lending institution claiming a citation lien. (BMO Harris vs. Contarino, et.al., 2017 Ill.App (2d) 160371 (2nd District 2017).
Attorney Larsen has also recently confirmed two Chapter 11 cases before the Northern District of Illinois within the span of one week (Haven Real Estate Focus Fund, Case #16-35511, confirmed 8/1/17, and Armato Paving, Inc., Case #15-25824, confirmed on 8/3/17.
Mr. Larsen confirmed a complex and contested individual Ch 11 case in Rockford (Bankr. N.D. IL. Western Div.) IN RE Philip Hellyer 16-82465 on April 18, 2018.
Mr. Larsen also continues to volunteer at the Bankruptcy Help Desk for the Northern District of Illinois.
Attroney Larsen confirmed a Chapter 11 case on November 19, 2019 for Plastic PoerDrive Products, LLC Case No.18-28907.
2010 - present
2010 - present
Mr. Larsen is a graduate of Aurora University (BA magna cum laude, 1982) NIU College of Law (J.D. magna cum laude 1986)