William (“Bill”) Delaney has had an important career in Rhode Island commercial law circles. Over the past 37 years, he has been involved in the preparation of loan documents evidencing the growth of companies interspersed across the state as well as real estate ventures that continue to be the center of Rhode Island’s economy. In addition, he has been intimately involved in practically all the insolvencies besetting Rhode Island over these years, including the “Credit Union Crisis” for the decade of the ‘90’s.
Bill attended the University of Notre Dame, graduating in 1976. In between a military stint in the Army where he was an intelligence officer, he subsequently started his MBA Studies at Rensselaer Polytechnic Institute (where he received the Collins Stipend in 1979) in a joint MBA/JD Program with Albany Law School of University (where he was a member of the Mugel Tax Team as well as the NYCBA Antitrust Team). He was a member of the Albany Law Review as well as the Albany Law Moot Court Executive Committee.
Following graduation, he fulfilled his military commitment and was first employed as Assistant General Counsel of a Northeast Bank Holding Company. Thereafter, he entered private practice in Schenectady, NY and moved to Rhode Island in 1987. In addition to New York and Rhode Island, Bill is also admitted in Connecticut, New Hampshire, Vermont, Massachusetts and Pennsylvania, where he maintains active practices.
After his move to Rhode Island, Bill undertook honing his skills in Commercial Law, drafting and closing the first Rhode Island loan in the late 1980’s with an interest rate based on LIBOR. He continued his course of education into his late 30’s when he completed his course of studies at Boston University’s Morin School of Law in American Banking Studies, being awarded a LLM along with the 1991 Serino Award, for top studies. Thereafter, he became a Chapter 7 Panel Trustee for the United States Bankruptcy Court for the District of Rhode Island as well a Rhode Island Superior Court Receiver. He has been an attorney of record in over 2,000 bankruptcy cases and Receiver for over 100 entities over his career.
Bill has become a frequent lecturer on lending and workout topics that he remains interested in even today.
His interests outside the law center on municipal budgetary considerations; he was a ten-year member (and five as Chair) of the Barrington, RI Appropriations Committee, the entity that prepares the Town’s yearly budget, which, by law, appropriates the Town’s Municipal and School funding resources.
Bill has also been seriously involved in the Rhode Island Bar Association, having risen to its President some eleven years ago. His ‘year’ centered on educational opportunities for the attorneys, law students and the public, a point near and dear to him. He has been an Adjunct Professor of Law for the past 23 years at several New England Law School, lecturing on various commercial law courses, and had had several articles published in their Law Reviews.
Bill and his family reside in Barrington.