Teri G. Rasmussen

Teri G. Rasmussen

Pragmatic Creditors' Rights, Business and Commercial Attorney

Columbus, Ohio Area

Current
Past
  • Partner at Blaugrund, Herbert & Martin, Incorporated
  • Partner at Porter, Wright, Morris & Arthur
Education
  • University of Michigan Law School
  • University of Iowa
Connections
102 connections
Industry
Law Practice
Websites

Teri G. Rasmussen’s Summary

I have helped guide clients in making legally informed business decisions for more than twenty years. To learn more about my approach with clients, visit my Ohio Practical Business Law Counsel blog and click "About This Blog and my Approach to Lawyering".

As an attorney in the Central Ohio office of Plunkett Cooney , I focus on enhancing the law firm’s capacity to handle bankruptcy, workouts, and other creditors' rights matters for lenders and other creditors. In addition, my experience strengthens Plunkett Cooney's ability to provide legal services to Ohio clients in the transactional business, corporate, commercial, contract, and real estate law practice areas..

I concentrate my personal law practice on matters such as
Creditors’ Rights
Business Insolvency, Turnarounds/Workouts, and Bankruptcy
Loan Documentation, Structuring and Negotiation
Commercial Collections
Business Acquisitions, Mergers, and Sales
Business Formation
Debt and Equity Financing
Contract Review, negotiation, and preparation
Commercial Litigation
Real Estate Purchase/Leasing

Teri G. Rasmussen’s Specialties:

Chapter 11 Bankruptcy and Workouts Creditor Representation; Relations among business owners; purchase or sale of business


Teri G. Rasmussen’s Experience

  • Attorney

    Plunkett Cooney

    (Privately Held; 51-200 employees; Law Practice industry)

    2008Present (1 year)

    Extensive representation of banks and other financial institutions, as well as of middle market privately held companies and their owners.

    Creditors' Rights, Chapter 11 Bankruptcy, Business/Corporate Law, Commercial Law, Contracts, and Real Estate law practice.

  • Partner and Chair of Business Law Practice Group

    Lane, Alton & Horst, LLC

    (Privately Held; 51-200 employees; Law Practice industry)

    20072008 (1 year)

    General business, commercial, corporate and real estate practice focused on privately held companies and their owners.

    Outside Counsel to Office of Ohio Attorney General Marc Dann for Department of Development

    Special Counsel for Franklin County Ohio Prosecutor Ron O'Brien

    Substantial marketing responsibilities, including website development and maintenance

  • Adjunct Professor

    Capital University School of Management

    (Educational Institution; Higher Education industry)

    20082008 (less than a year)

    Taught BUSINESS 347: Business Law II to undergraduates. Class covered:

    >>>>>Business associations (partnerships, corporations, LLCs)

    >>>>>Uniform Commercial Code (Art. 3&4 checks and promissory notes, Art. 5 letters of credit, Art 7 bills of lading and warehouse receipts, Art. 8 securities, and Art. 9 secured transactions)

    >>>>>Other business laws (including Bankruptcy, Securities Regulation, Labor/Employment, and Intellectual Property)

  • Partner

    Adams, Babner & Rasmussen, LLC

    (Partnership; 1-10 employees; Law Practice industry)

    20062006 (less than a year)

    General business, commercial, corporate, and creditors' rights practice.

    Responsible for building law firm's infrastructure from the ground up.

  • Partner

    Blaugrund, Herbert & Martin, Incorporated

    (Partnership; 11-50 employees; Law Practice industry)

    19962006 (10 years)

    General business, commercial, corporate, creditors’ rights and business bankruptcy/insolvency law practice of Columbus suburban midsized law firm predominantly serving privately held companies and their owners, as well as nonprofit associations.

    Shareholder since January 1999. Firm Board of Directors member participating in policy establishment, budgeting and expenditure decisions, compensation determinations, and other management, financial, and governance matters. Liaison with Firm’s banker.

    Formed numerous limited liability companies and prepared Operating Agreements for businesses ranging from two person family or owner-operated companies to investment vehicles to joint ventures to sophisticated real estate companies.

    Successfully completed amicable division of $4.7 million owner-operated business between two sons in implementation of business succession plan, forming holding company and new companies, and drafting various other contractual agreements.

  • Partner

    Porter, Wright, Morris & Arthur

    (Partnership; 201-500 employees; Law Practice industry)

    19841996 (12 years)

    Partner (1992-1996); Senior Associate (1989-1992); Associate (1984-1989).

    General creditors’ rights, commercial loan/lease documentation, commercial litigation, Chapter 11 bankruptcy, and banking practice of large regional law firm (240 lawyers in 6 offices) focusing on the representation of lenders, secured creditors, equipment lessors, real estate developers and other financial services companies from the varied perspectives of negotiation, documentation and litigation.

    Lead counsel to banks and other secured lenders in hundreds of commercial and business collection actions ranging from a few thousand dollars to multi-million dollar obligations, including replevins, foreclosures, and money judgment actions, as well as with respect to post-judgment action such as judgment debtor examinations, wage and non-wage garnishments, and cash drawer executions and business bankruptcy proceedings.

    Significant Case: In re Cardinal Industries and related partnership bankruptcies


Teri G. Rasmussen’s Education

  • University of Michigan Law School

    J.D., Law, 19811984

    graduated cum laude

    Activities and Societies:
    University of Michigan Journal of Law Reform Editorial Board, Research Assistant to Prof. James J. White
  • University of Iowa

    B.A., Political Science, 19771981

    Activities and Societies:
    Phi Beta Kappa, Pi Sigma Alpha, Debate Team

Additional Information

Teri G. Rasmussen’s Websites:

Teri G. Rasmussen’s Interests:

Personal interests include golf, sailing, and baseball Professional interests include venture capital, business acquisitions, and application of new technology to law practice

Teri G. Rasmussen’s Groups:

Past Chair, Ohio State Bar Association Banking, Commercial and Bankruptcy Law Committee; Member, Ohio State Bar Association Professional Ethics and Legal Conduct Committee, Past Chair, Columbus Financial Institutions Committee

American Bar Association (Business Law and Law Practice Management Sections); Ohio State Bar Association Corporations Committee; Commercial Law League Association, International Women's Insolvency and Restructuring Confederation; American Bankruptcy Institute; Columbus Bar Association Bankruptcy Committee.

Past President, Executive Women's Golf Association Columbus Chapter; Cofounder, Women for Economic and Leadership Development; CATCO Board of Trustees, Leatherlips Yacht Club Board of Governors, National Association of Women Business Owners; Commercial Real Estate Women, Legal Blogging

  •    LinkedColumbus
  •    University of Iowa Alumni Networking
  •    Legal Blogging
  •    Columbus Golfers
  •    Commercial Transaction Lawyer Network
  •    Central Ohio Small Business Owners
  •    Columbus Business Counsel
  •    University of Michigan Law School Alumni
  •    Women for Economic and Leadership Development (WELD)

Teri G. Rasmussen’s Contact Settings

Interested In:

  • career opportunities
  • consulting offers
  • expertise requests
  • business deals
  • reference requests
  • getting back in touch

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