Bodman PLC

77 Best Lawyers awards

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Awarded Practice Areas

Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Litigation - Bankruptcy

Biography

Mr. Bakst represents clients in the areas of creditors' rights, bankruptcy, reorganization, and insolvency. He regularly represents secured and unsecured creditors, debtors, trustees, and creditors' committees in loan workout and other negotiations and in state and federal courts.

Upon graduation from Wayne State University Law School, Mr. Bakst clerked for a U.S. Bankruptcy Judge for the Eastern District of Michigan.

He is a former two-term board member of the Detroit Chapter of the Turnaround Management Association. He served as chairperson of the Bankruptcy and Debtor-Creditor Rights Committee of the Real Property Law Section of the State Bar of Michigan from 1996 to 2000 and is a member of numerous other bankruptcy and creditors’ rights related organizations including the American Bankruptcy Institute. He often lectures in the areas of bankruptcy and creditors’ rights.

Mr. Bakst is on the Executive Committee, is Treasurer of the Board of Directors, and is Chair of the Finance Committee for the Jewish Family Service of Metropolitan Detroit. He served previously on the Advisory Board of the Michigan Israel Business Accelerator, as a member of the Community Advisory Board for the Detroit Jewish News, and on the board of the Detroit Chapter of the American Jewish Committee. Mr. Bakst also served on the Zoning Board of Appeals of the City of Oak Park from 1996 to 2000.

He has been included in The Best Lawyers in America since 2009 in the practice areas of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation-Bankruptcy. He has also been included in Michigan Super Lawyers under Bankruptcy: Business for the past decade. Mr. Bakst has been annually listed as a “Top Lawyer” for Bankruptcy and Creditor/Debtor Rights by metro Detroit business magazine DBusiness since the list debuted in 2009. He is Martindale-Hubbell® AV Preeminent® Peer Rated for Highest Level of Professional Excellence and endorsed for High Ethical Standing.

Bodman PLC

77 Best Lawyers awards

Bodman PLC logo

Overview

  • University of Michigan, B.A.
  • University of Michigan, J.D.

  • Michigan, Bar of Michigan
  • Michigan, State Bar of Michigan

  • United States Bankruptcy Court
  • Michigan, Bar of Michigan
  • Michigan, State Bar of Michigan
  • University of Michigan, B.A.
  • University of Michigan, J.D.
  • United States Bankruptcy Court

Client Testimonials

Marc Bakst has been a very effective lawyer who provides great service and excellent advice. Marc listens to his client so he understands his client's objective and then obtains those objectives at a high rate of success while doing so in a cost-effective manner.

Bruce A. Tanquist (Wells Fargo Equipment Finance, Inc. )

Awards & Focus

Recognized in The Best Lawyers in America® 2026 for work in:
  • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
  • Litigation - Bankruptcy
Additional Areas of Practice:
  • Real Estate Law
Special Focus:
  • Banking
  • Chapter 12
  • Commercial
  • Creditors' Rights
  • Debtors' Rights
  • Liquidations
  • Litigation
  • Out-of-Court Workouts
  • Real Estate
  • Workouts and Restructurings

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