Blank Rome’s Stan Tarr Named “Minority Business Leader” by Philadelphia Business JournalAugust 2017
Blank Rome Partner Stanley B. Tarr was named a Minority Business Leader of 2017 by the Philadelphia Business Journal. This recognition honors minority men and women in the greater Philadelphia region for their professional accomplishments, community leadership, and philanthropy. The winners were celebrated at the sixth-annual Minority Business Leader Awards program on August 24, with Philadelphia Commerce Director Harold Epps serving as the keynote speaker.
Based in the Wilmington office, Mr. Tarr serves as co-chair of Blank Rome’s Attorneys of Color Affinity Group, a Firm-wide diversity and inclusion initiative. He concentrates his practice on bankruptcy and business reorganization matters, representing debtors, creditors’ committees, hedge funds, institutional investors, asset purchasers, equipment lessors, and other interested parties across a wide range of industries. Since 2016, Mr. Tarr has been listed in Chambers USA for bankruptcy and restructuring law.
To view the profiles of the 2017 Minority Business Leaders, please click here.
2017 Minority Business Leader Profile, published by the Philadelphia Business Journal:
Stanley B. Tarr
Partner, Blank Rome
Nominator comment: Stanley concentrates his practice on bankruptcy and business reorganization matters. He represents debtors, creditors’ committees, hedge funds, institutional investors, asset purchasers, equipment lessors, and other interested parties across a wide range of industries, in connection with: Chapter 11 cases and reorganizations, out-of-court workouts and corporate restructuring, debtor-in-possession financing, creditors’ rights and remedies.
What makes you excited to come to work? On any given day, I get to work with an exceptional, supportive and collegial team of people to develop strategies for successful client resolutions across a myriad industries. It’s the collegiality and challenge that has me excited to come to work each day.
What would you say has been your life’s biggest challenge? Like many others, creating a pathway to success from a very humble origin has been the most challenging aspect of my life. But those same obstacles bred a certain determination that has given me the fortitude to succeed.
What advice would you give a younger version of yourself just starting out in your career? To the younger me, I’d say continue making plans for your future, but value and prioritize happiness — both your own and that of your loved ones.
In your opinion, what should be done to increase the number of minority-owned businesses in Greater Philadelphia? I think there needs to be more associations that provide mentorship and access to capital for diverse entrepreneurs, as well as better promotion and awareness for those organizations that may already exist.