MINNEAPOLIS (May 11, 2011)—Two Leonard, Street and Deinard attorneys have been recognized as "Up & Coming Attorneys" by Minnesota Lawyer.

Lara O. Glaesman and Adam D. Maier each were nominated by peers in the legal community for their outstanding professional, leadership and community accomplishments. The pair will join 26 other attorneys from across the state to receive their awards during a May 11 luncheon at the Hyatt Regency in downtown Minneapolis.

Glaesman is a member of Leonard, Street and Deinard's business and commercial litigation practice. She regularly advises clients on all stages of debt restructuring and recovery processes, including defaults, workouts and bankruptcy. In 2010, she became a member of the Bankruptcy Practice Committee, a group of debtor and creditor attorneys that review state bankruptcy rules for fairness and consistency. Glaesman also serves as an editor of the Minnesota State Bar Association's Bankruptcy Bulletin, an invitation-only role that allows her to review various Supreme Court, federal and state rulings that affect bankruptcy laws. In addition, she is a volunteer mentor for attorneys and paralegals on bankruptcy law—both within Leonard, Street and Deinard and in the broader Twin Cities bankruptcy community.

Maier is a member of the firm's banking and financial services practice, where he regularly represents lenders, lessors, private equity firms and hedge funds on complex commercial finance transactions. In 2010, Maier was lead lender's counsel for First International Bank & Trust in connection with its $60 million revolving credit facility provided to a publicly traded real estate investment trust. That same year he also served as lead Minnesota counsel for the Gores Group, a California-based private equity investor, in developing and submitting its bid to purchase the assets of Genmar Holdings Inc. during bankruptcy proceedings. Prior to those cases, Maier was selected as lead Minnesota counsel for Patriarch Partners, a New York-based private equity firm, in its attempt to purchase the assets of Polaroid Corp. during a 2009 bankruptcy auction. In the community, Maier previously served as board chairman for Vessey Leadership Academy, a grade 9-12 charter school in West St. Paul. In an enterprise-wide restructuring process, he helped the school move from a negative to positive fund balance in one year.