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Barbara T. Ilsen

Partner; Co-Chair, Corporate and Business Department; Co-Chair, Banking & Financial Services Group; Executive Committee Member
Primary Office
1500 Market St., Suite 3500E
Philadelphia, PA 19102
Direct(215) 575-7189
Fax(215) 575-7200
bilsen@dilworthlaw.com

Assistant

Kim DelMonte
Direct(215) 575-7184
kdelmonte@dilworthlaw.com

Barbara T. Ilsen is the Co-Chair of the Corporate and Business Department and Co-Chair of the Banking & Financial Services practice groups. Barbara specializes in the practice of corporate law, with an emphasis on complex business and financing transactions.

With a reputation for passion and responsiveness, Barbara represents clients in a broad range of transactions and acts as outside general counsel to businesses ranging from start-ups to large, closely-held companies. In addition to handling transactional needs, she advises her clients in connection with business organization, corporate governance, commercial contracts, employment agreements, real estate transactions, and succession planning.

Barbara's finance practice involves the representation of both lenders and borrowers in lending and in loan workouts. She has extensive experience in commercial lending, real estate and construction finance and tax-exempt bond financings, and the workout and restructuring of troubled loans. Many of her clients are commercial banks, but she is also experienced in representing corporate clients in sophisticated financing transactions.

Representative Experience

  • Represented seller of industrial real property including easement, lease, environmental, financing and other matters.
  • Represented manufacturing company in employment issues, incentive bonus agreements, purchase order negotiations.
  • Represented operator of a plastic fabrications business in sale of assets.
  • Represented estate in sale of interest in beer distribution business.
  •  Represented lender in senior secured credit facility to borrower that designs and builds telecommunication infrastructure for telecom carriers, enterprise customers, and government agencies.
  • Represented lender in a series of loans to fund acquisitions by an information technology solutions and support services provider to large enterprises in diverse end-markets.
  • Represented lender in loans to fund the borrower’s purchase of tax lien certificates and receivables on unpaid property taxes that are sold by local municipalities in Alabama, Arizona, Florida, Indiana, Maryland, New Jersey, New York, and South Carolina.
  • Represented lender in multiple transactions involving the finance of delinquent tax liens for School Districts throughout Pennsylvania.
  • Represented lender in construction loan to non-profit organization to build a new church building.
  • Represented lender in asset based loans to retail product distribution company.
  • Represented lender in acquisition loan for purchase of industrial building.
  • Represented lender in floorplan and real estate financing for automobile dealership group with 25 new vehicle franchises.
  • Represented lender in workout of defaulted loan to borrower with multiple fast food franchises.
  • Represented lender in workout of defaulted real estate loans.
  • Represented borrower in commercial real estate loan for industrial property.
  • Represented borrower in term loans, working capital loans and workout for manufacturing company.

Professional & Community Activities

  • Member of the Board, MANNA (Metropolitan Area Neighborhood Nutrition Alliance) 2008–Present; Chairman of the Board, 2011–2014; Vice Chairman of the Board, 2019–Present
  • Member of the Fox Chase Cancer Center Foundation Board, 2014–Present
  • Member, Forum of Executive Women
  • Volunteer Host, Hosts for Hospitals, 2014–Present

Speeches & Presentations

  • Speaker, Seminar on Fundamentals of Pennsylvania Business Corporations, Pennsylvania Bar Institute, October 26, 2015.

News / Events

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Alternate Biographies

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Assistant

Education

  • J.D., Duke University School of Law, 1984
  • B.A., Emory University, 1981

Bar Admissions

  • Pennsylvania, 1988
  • New Jersey, 1988

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