Krieg DeVault LLP

Mark A. Warsco

Senior Counsel
Office: Fort Wayne
mwarsco@kdlegal.com
p: 260-469-0254
f: 260-422-1622

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Overview
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Mark Warsco brings extensive experience as a litigator, concentrating his practice in commercial workouts and bankruptcy, construction law, commercial real estate transactions, complex litigation, and general business representation.

He has advised numerous secured creditors in middle-market commercial loan workouts ranging from $2 million to $10 million, and has served as counsel to creditors’ committees in several significant regional bankruptcy proceedings, including Driggs Farms of Indiana, Progressive Hospitals, Advance Mixer, Inc., and Manco Products, Inc., each resulting in successful §363 sales with distributions to unsecured creditors.

In addition to his insolvency work, Mark counsels business clients through the purchase and sale of enterprises, including the divestiture of a multi-state manufacturing operation to a venture capital firm. He also represents commercial real estate investors in acquisitions and dispositions of manufacturing facilities, shopping centers, and development parcels for both residential and commercial use.

Mark regularly consults with business owners on entity structuring and operational strategy to mitigate legal risk and support long-term growth.

Experience
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Representative Experience

  • Matter of Seiler, 29 B.R. 33 (Bankr. N.D. Ind. 1983)
  • In re Draggoo Electric Company, Inc., 57 B.R. 916 (Bankr. N.D. Ind. 1986)
  • In re Manwell, 62 B.R. 533 (Bankr. N.D. Ind. 1986)
  • Matter of Graves, 70 B.R. 535 (N.D. Ind. 1987)
  • Matter of Weaver, 93 B.R. 172 (N.D. Ind. 1988)
  • In re Richards, 92 B.R. 369 (Bankr. N.D. Ind. 1988)
  • Matter of Strong, 84 B.R. 541 (Bankr. N.D. Ind. 1988)
  • Matter of Steury, 94 B.R. 553 (Bankr. N.D. Ind. 1988)
  • Matter of Whitman, 101 B.R. 37 (Bankr. N.D. Ind. 1989)
  • Matter of U.S. Marketing Concepts, Inc., 113 B.R. 487 (Bankr. N.D. Ind. 1990)
  • In re R & L Cartage & Sons, Inc., 118 B.R. 646 (Bankr. N.D. Ind. 1990)
  • Udell v. Standard Carpetland, USA, Inc., 149 B.R. 908 (Bankr. N.D. Ind. 1993)
  • In re Zank, 1994 WL 236196 (Bankr. N.D. Ind. 1994)
  • Matter of Udell, 18 F.3d 403 (7th Cir. 1994)
  • In re Rimsat, Ltd., 196 B.R. 791 (N.D. Ind. 1995)
  • In re Import & Mini Car Parts, Ltd., Inc., 200 B.R. 857 (Bankr. N.D. Ind. 1996)
  • Matter of Rimsat, Ltd., 98 F.3d 956 (7th Cir. 1996)
  • Matter of Rimsat, Ltd., 193 B.R. 499 (Bankr. N.D. Ind. 1996)
  • Matter of Rimsat, Ltd., 224 B.R. 685 (Bankr. N.D. Ind. 1997)
  • Miller v. Conte, 19 F.Supp.2d 904 (N.D. Ind. 1997)
  • In re Nova Tool, 228 B.R. 678 (Bankr. N.D. Ind. 1998)
  • In re Bluffton Casting Corp., 186 F.3d 857, 139 Lab. Cas. P 10, 515 (C.A.7 (Ind.) 1999)
  • Abbey Villas Develop. v. Site Contractors, 716 N.E.2d 91 (Ind. App. 1999)
  • In re Rimsat, Ltd., 230 B.R. 362 (N.D. Ind. 1999)
  • In re Rimsat, Ltd., 212 F.3d 1039 (7th Cir. 2000)
  • Warsco v. Preferred Technical Group, 258 F.3d 557 (7th Cir. 2001)
  • In re Barnes, 276 F.3d 927, 38 Bankr. Ct. Dec. 245 (7th Cir. 2002)
  • In re Consol. Industries Corp., 279 B.R. 831 (N.D. Ind. 2002)
  • Warsco v. Household Bank F.S.B., 272 B.R. 246, 89 A.F.T.R.2d 2002-1210 (Bankr. N.D. Ind. 2002)
  • In re Consolidated Industries, 360 F.3d 712, 42 Bankr. Ct. Dec. 190 (7th Cir. 2004)
  • In re Saylor, 339 B.R. 190 (Bankr. N.D. Ind. 2006)
  • Warsco v. Drew (In re Drew), 2007 Bankr. LEXIS 4496, (Bankr. N.D. Ind. 2007)
  • Driggs Farms of Indiana, Inc. v. Driggs Farms Investors, LLC, 2009 Bankr. LEXIS 490, (N.D. Ind. Mar. 2, 2009)
  • Warsco v. Jarvis, 2009 Bankr. LEXIS 495, (N.D. Ind. Mar. 4, 2009)
  • In re DFI Proceeds, Inc., 2010 Bankr. LEXIS 695, (N.D. Ind. Feb. 9, 2010)
  • Warsco v. IFS, Inc., 2010 Bankr. LEXIS 696, (N.D. Ind. Feb. 17, 2010)
  • Warsco v. Alliance Foods, Inc., 2011 U.S. Dist. LEXIS 21597, (N.D. Ind. Mar. 2, 2011)
  • In re Witt, 473 B.R. 284 (Bankr. N.D. Ind. 2012)
  • In re Witt, 481 B.R. 468 (Bankr. N.D. Ind. 2012)

Professional Associations

  • Past President, Indiana State Bar Association, Bankruptcy & Creditors’ Rights Section; Construction Law Section
  • Member, Allen County Bar Association
    • Past President
    • Past Board Member
    • Bankruptcy Section Liaison Committee Chair
  • Panel Trustee, United States Bankruptcy Court, Northern District of Indiana, Fort Wayne Division
  • Member, American Bankruptcy Institute
  • Board Member, Building Contractors Association, 2013-2024
    • Chairman, Governmental Affairs Committee, 1998-2004
  • Member, National Association of Bankruptcy Trustees

Civic Involvement

  • Board Member, Fort Wayne Rescue Mission (2016-2023)
  • Board Member, Jesus in Haiti Ministries, Inc. (2008-Present)
  • USA Zone 7 Trustee, Gideons International (2025-Present)
  • State Vice President, Gideons International (2009–2025)
  • Board Member, Northern Indiana United Methodist Foundation (2008-2011)
  • Board Member, The African/African-American Historical Society, Inc. (1999-2007)
  • Board Member, Indiana Legal Services (2004–2006)
  • Advisory Council, Downtown Improvement District (2000–2002)
  • Board Member, Boy Scouts of America (1999–2001)
  • Board Member, Midtowne Crossing Owners Association (1999–2001)
  • Board Member, Indiana University Alumni Association Northeast Indiana Chapter (1997–2001)
  • Board Member, East Central Housing Corporation (1998–2000)
  • Board Member, East Wayne Street Center (1993–1999); Past President

Awards & Recognitions

  • Named "Lawyer of the Year" by Best Lawyers®
    • Banking and Finance Law, Fort Wayne (2025)
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Fort Wayne (2024)
    • Bet-the-Company Litigation, Fort Wayne (2024)
    • Banking and Finance Law, Fort Wayne (2021)
    • Litigation - Bankruptcy, Fort Wayne (2019)
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Fort Wayne (2018)
    • Bet-the-Company Litigation, Fort Wayne (2017)
    • Litigation - Bankruptcy, Fort Wayne (2016)
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Fort Wayne (2015)
    • Litigation - Bankruptcy, Fort Wayne (2014)
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Fort Wayne (2012)
  • The Best Lawyers in America® 2006-2026
    • Banking and Finance Law
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
    • Bet-the-Company Litigation
    • Litigation - Bankruptcy
  • AV Preeminent® Rating from Martindale-Hubbell®
  • Indiana Super Lawyers® 2004–2026
  • Fort Wayne Magazine, Top Lawyer, 2016

Seminars & Presentations

  • Presenter, “Bankruptcy Update,” Allen County Bar Association, September 2015, 2016
  • Presenter, “Ethics,” Northeast Indiana Paralegal Association, April 2015
  • Presenter, “When Bankruptcy & Construction Collide,” Indiana State Bar Association, April 2015
  • Panel Member and Contributing Author, Sigmund J. Beck Advanced Bankruptcy Roundtable, 2008–2015
  • Presenter, “The Impact of Personal Injury/Wrongful Death Bankruptcy & Divorce on Your Estate Plan,” Allen County Bar Association, July 2013
  • Presenter, “Bankruptcy Issues in Probate and Tax,” Allen County Bar Association, July 2013
  • Presenter, “All is Not Lost—Representing Secured Creditors in Bankruptcy,” Bench Bar, Allen County Bar Association, February 2013
  • Presenter, “Spend Down of Assets Pre-Bankruptcy” and “Debtor Business Interest in Chapter 7,” U.S. Trustee Conference, October 2012
  • Presenter, “Seven Things Every Family Lawyer Should Know About Bankruptcy After the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005,” 8th Annual Family Law Institute, October 2010
  • Presenter, “Recent Seventh Circuit Cases,” 17th Annual Central States Bankruptcy Workshop, June 2010
  • Presenter, “Basic Bankruptcy,” Allen County Bar Association, October 2009
  • Presenter, “Collection Tools,” Building Contractors Association, March 1998
  • Presenter, “Estate Planning & Probate for the Paralegal/Legal Assistant in Indiana,” Institute for Paralegal Education, January 1998
  • Presenter, “Asset Protection Planning in Indiana,” National Business Institute, Inc., May 1994
  • Presenter, “Advanced Real Estate Law,” National Business Institute, Inc., August 1993
  • Presenter, “Representing the Business Creditor,” Indiana Continuing Legal Education Forum, April 1993
  • Presenter, “Protection of Secured Interests in Bankruptcy in Indiana,” National Business Institute, Inc., October 1992
  • Presenter, “Basic Bankruptcy,” National Business Institute, Inc., September 1991

Publications

  • Author, "Lenders Must Diligently Protect Their Interests," December 8, 2020
  • Author, "Inchoate Mechanic's Lien Right Presents a Defense to Preference Claim," July 29, 2019
  • Author, "Joint Check Agreement Did Not Protect Supplier from Preference Claim," July 10, 2019
  • Author, "Manage Your Receivables Now To Avoid Losses Later," December 19, 2017
  • Author, "Buying Votes in Chapter 11," American Bankruptcy Institute, February 2011
  • Author, "Collection Tools," March 1998
  • Author, "Asset Protection Planning in Indiana," May 1994
  • Author, "Advanced Real Estate Law," August 1993
  • Author, "Representing the Business Creditor," April 1993
  • Author, "Protection of Secured Interests in Bankruptcy in Indiana," October 1992
Credentials
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Education

  • J.D., cum laude, Indiana University Maurer School of Law, Bloomington, Indiana, 1980
  • B.A., Purdue University Fort Wayne, Fort Wayne, Indiana, 1977

Bar & Court Admissions

  • Indiana, 1980
  • U.S. District Court for the Northern District of Indiana, 1980
  • U.S. District Court for the Southern District of Indiana, 1980
  • U.S. Court of Appeals for the Seventh Circuit, 1992
Practices & Industries
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Practices

  • Creditors' Rights and Bankruptcy

Industries

  • Financial Services
Insights
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Krieg DeVault Podcast Series

Curbing the AI Enthusiasm: Be Excited But Know the Risks, with Maria Geltz

December 17, 2025

Secured Lender

Businesses Prepare Now for Indiana’s New Data Privacy Law Effective January 1, 2026!

November 21, 2025

Financial Services

Tenth Circuit Upholds Colorado's Opt-Out from DIDMCA Interest Rate Exportation Provisions

November 21, 2025

Financial Services

CFPB Seeks to Ease Compliance with Small Business Lending Data Collection Rule

November 17, 2025

Financial Services

Significant Reg. B Changes on the Horizon

November 14, 2025

Financial Services

CFPB Asserts it Cannot Lawfully Draw Funds from the Federal Reserve

November 13, 2025

Financial Services

Bank Holding Companies: Keep or Eliminate?, with Keaton Miller

October 28, 2025

Firm News and Events

Krieg DeVault Adds Associates Hannah Huff-Schassburger, Rachel Keller, Ashley Rosenblatt, and Courtney Thompson

October 24, 2025

Financial Services

Supplemental Update: IRS Issues Transitional Relief for 2025 Vehicle-Loan Interest Reporting

October 22, 2025

Financial Services

New Reporting and Deduction Rules for Vehicle Loans Under the One Big Beautiful Bill Act

October 16, 2025

Financial Services

SEC to Consider Shift Away from Quarterly Reporting

October 9, 2025

Financial Services

Brokered Doesn't Have to Mean Broken – Navigating Complexities of Brokered Deposits

September 5, 2025

Financial Services

Shifting Regulatory Policy and Focus: Impact of the Recent Executive Order on Debanking

September 5, 2025

Financial Services

How Banks Empower Native American Homeownership Through the Section 184 Indian Home Loan Guarantee Program

September 4, 2025

Financial Services

Keaton J. Miller Joins Krieg DeVault’s Financial Institution Practice

July 24, 2025

Financial Services

One Big Beautiful Bill Act — Key Impacts for Financial Institutions

July 21, 2025

Financial Services

CFPB Withdraws 67 Guidance Documents

May 13, 2025

Financial Services

FCC Delays Compliance Date for Part of New TCPA Consent Revocation Rule

April 10, 2025

Financial Services

Eleventh Circuit Strikes Down FCC's One-to-One Consent Rule Under the TCPA

February 10, 2025

Financial Services

Financial Institutions Use of “Meta Pixels” Targeted in Latest Class Action Trend

January 13, 2025

Firm News and Events

David A. Bowen Joins Krieg DeVault’s Financial Institution Practice

December 6, 2024

Financial Services

CFPB Issues Final Rule on Open Banking

November 11, 2024

Firm News and Events

Senior Associate Alex Bowman Selected as a Michiana Forty under 40 Award Recipient

April 16, 2024

Financial Services

U.S. Treasury Issues Report on Artificial Intelligence on Specific Cybersecurity Risks in the Financial Services Sector

April 4, 2024

Financial Services

New Indiana Law Will Clarify How Financial Institutions May Make Changes to Deposit Account Agreements

March 13, 2024

Estate Planning & Personal Services

Putting the PURPOSE in a Trust: Using a Purpose Trust in a Business Succession Plan

February 27, 2024

Business

Impact of AI in the M & A Sector: Key Advantages, Challenges, and Considerations

February 23, 2024

Estate Planning & Personal Services

Higher Estate and Gift Tax Exemptions for 2024...But How Long Will This Last?

January 2, 2024

Firm News and Events

Marija Nicksic Joins Krieg DeVault’s Commercial Real Estate and Lending Practice

December 20, 2023

Secured Lender

President Biden Issues Executive Order on Artificial Intelligence

November 2, 2023

Financial Services

California Commercial Lenders Beware: UDAAP Doesn’t Only Apply to Consumer Lending Anymore

October 9, 2023

Business

Is Your Business Ready? Preparing for and Complying with the Corporate Transparency Act

August 31, 2023

Firm News and Events

Frank A. Hoffman Joins Krieg DeVault’s Public Finance and Municipal Practice

July 31, 2023

Firm News and Events

Michael D. Zaradich Joins Krieg DeVault's Commercial & Real Estate Lending Practice

June 1, 2023

Secured Lender

LIBOR Transition in the Final Weeks

May 16, 2023

Financial Services

Are We in a Banking Crisis? What the Silicon Valley and Signature Banks’ Failure Tell Us About the Future of Financial Institutions (Podcast)

April 13, 2023

Litigation

Indiana Supreme Court Limits the Ability of Indiana Financial Institutions to Amend Account Agreements

March 23, 2023

Secured Lender

New York DFS Issues Final Commercial Lending Disclosure Regulation

February 13, 2023

Financial Services

CFPB Issues Proposed Credit Card Late Fee Rule

February 1, 2023

Financial Services

State and Federal Policy on ESG Issues Creates Tensions for Financial Institutions

January 25, 2023

Firm News and Events

Krieg DeVault Announces 2023 Partner Promotions of Sarah E. Jones, Micah J. Nichols, and Ann Marie Woolwine

January 1, 2023

Firm News and Events

Krieg DeVault Adds Associates Andrew N. Warner, Katelyn E. Doering, Alexus D. Lucas, and Michael J. Moser

November 1, 2022

Financial Services

President Biden Weighs in on Financial Services “Junk Fees”

October 27, 2022

Firm News and Events

Krieg DeVault Expands Chicago Office with Financial Services Partners Laurie A. Martin Montplaisir and Parker E. Lawton

October 17, 2022

Financial Services

CFPB Announces Consent Order with Bank for "Authorized-Positive Overdraft Transactions"

September 29, 2022

Firm News and Events

Jeffrey L. Ledbetter Joins Krieg DeVault’s Financial Institutions Practice

September 27, 2022

Financial Services

Your Customer Is Heading Towards Bankruptcy, What Should You Do Now?

June 23, 2022

Financial Services

Recent Developments in Fair Lending Discrimination as a UDAAP Violation and Algorithmic Redlining

June 2, 2022

Financial Services

Indiana’s Newly Passed LIBOR Legislation Immediately Preempted by Federal Counterpart

March 31, 2022

Financial Services

CFPB Significantly Expands UDAAP Authority to Address Discrimination

March 21, 2022

Firm News and Events

Patrick Fagan Joins Krieg DeVault’s Commercial and Real Estate Lending Practice

February 28, 2022

Firm News and Events

Julie A. Johnsten and Crystal L. Stallworth Join Krieg DeVault as Paralegals

February 1, 2022

Secured Lender

Indiana Senate Bill Would Replace LIBOR When Necessary

January 28, 2022

Financial Services

Federal Agency Raises Lending Concerns Within Hemp Industry

August 18, 2021

Secured Lender

Commercial Real Estate and Tenant Estoppel Certificates: Enforcement by Illinois Courts

July 16, 2021

Litigation

Arbitration Clauses: Things Every Financial Institution Should Consider Before Agreeing to Arbitrate [WEBINAR]

June 23, 2021

Litigation

Want to Change a Joint Account? Put it in Writing!

May 26, 2021

Litigation

SEA 370 Signed Into Law, Effective Immediately

April 23, 2021

Secured Lender

Secure and Fair Enforcement (SAFE) Banking Act Passes U.S. House…Again

April 20, 2021

Litigation

Supreme Court Confirms that to Violate the TCPA your Automatic Telephone System Must Use a Random or Sequential Generator

April 7, 2021

Secured Lender

President Signs COVID-19 Bankruptcy Relief Extension Act of 2021

March 31, 2021

Litigation

Indiana Financial Institutions Continue to be Targeted in Class Action Overdraft and NSF Lawsuits

February 3, 2021

Firm News and Events

Krieg DeVault's Kay Dee Baird Elected Chair of the Indianapolis Bar Association's Commercial Law & Bankruptcy Section for 2021

January 1, 2021

Secured Lender

CFPB Issues Finalized Changes To Regulation F To Implement The Fair Debt Collection Practices Act

December 16, 2020

Secured Lender

The Importance of Paying Attention to Notices Received in Bankruptcy Cases: Creditor Misses Proof of Claim Bar Date and Loses Claim for $2 Million

November 13, 2020

Secured Lender

Indiana Supreme Court Further Extends Partial Protection of CARES Act Recovery Rebates

November 12, 2020

Secured Lender

OCC Issues Final "True Lender" Rule

November 11, 2020

Secured Lender

IRS Instructs Lenders not to File Form 1099-C for Forgiveness of Paycheck Protection Program Loans

October 1, 2020

Secured Lender

Student Loan Dischargeability: Recent Developments

September 18, 2020

Secured Lender

Moratorium on Indiana Residential Foreclosures and Evictions Extended Through August 14, 2020

July 31, 2020

Secured Lender

Reminder: Post-Judgment Interest on Indiana State-Court Judgments Tolled Until August 15, 2020

July 14, 2020

Secured Lender

Seventh Circuit Court of Appeals Reaffirms the Necessity of Adhering to the Bankruptcy Code Text

July 14, 2020

Secured Lender

Indiana Moratorium on Residential Property Evictions and Mortgage Foreclosures Will Continue Through the End of July 2020

July 5, 2020

Financial Services

US Supreme Court Rules Structure of the CFPB Unconstitutional, Preserves Bureau's Authority to Operate

June 30, 2020

Secured Lender

CFPB Aims to Ease Servicer Loss Mitigation Efforts and Encourage Small Dollar Loans with New No-Action Letter Templates

June 28, 2020

Secured Lender

A Bankruptcy Court Weighs In: Do Force Majeure Clauses Excuse Commercial Tenants from Paying Rent?

June 23, 2020

Secured Lender

Eviction and Foreclosure Moratoriums Extended to August 31, 2020 for Federally-Backed Mortgages

June 17, 2020

Secured Lender

Changes are Coming to the Indiana Consumer Credit Code - Are you Ready?

June 15, 2020

Secured Lender

TILA and the Right of Rescission: Illinois Adopts One-Year Limitation Period

June 10, 2020

Financial Services

OCC Issues Advance Notice of Proposed Rulemaking Regarding Digital Banking Activities

June 8, 2020

Secured Lender

A Hospital's Bankruptcy Filing Dramatically Changes the Equation for Medical Providers

June 8, 2020

Secured Lender

Indiana Supreme Court Extends Partial Protection of CARES Act Recovery Rebates

May 31, 2020

Financial Services

CFPB Provides Flexibility to Financial Institutions When Dealing with Billing Errors, Payment Rules and Deposit Accounts Terms Related to the COVID-19 Pandemic

May 17, 2020

Secured Lender

Commercial Collection Issues in a COVID-19 Economy

May 10, 2020

Secured Lender

Preparing for the (Likely) Coming Wave of Bankruptcies

May 4, 2020

Secured Lender

Illinois Eviction Moratorium: Relief Extended to Non-Residential Tenants

April 28, 2020

Secured Lender

COVID-19 and Supplemental Proceedings: Illinois Supreme Court Provides Guidance

April 28, 2020

Secured Lender

COVID-19 and the Mortgage Industry: Embracing the Virus on the Legislative and Regulatory Front

April 26, 2020

Financial Services

Paycheck Protection Program and Health Care Enhancement Act Update

April 21, 2020

Secured Lender

Indiana Supreme Court Orders Partial Protection of CARES Act Recovery Rebates Payments

April 20, 2020

Secured Lender

Federal Reserve Announces the Main Street Lending Program

April 16, 2020

Financial Services

Interagency Statement on Loan Modifications and Reporting for Financial Institutions

April 14, 2020

Secured Lender

Important Updates On PPP Loans - Recent SBA Guidance

April 9, 2020

Secured Lender

Indiana Expedites Implementation of Remote Notary Statute - Part I

March 29, 2020

Financial Services

The CARES Act: Provisions Directly Affecting Financial Institutions

March 26, 2020

Financial Services

The CARES Act: Flexibility for Lenders

March 26, 2020

Secured Lender

The CARES Act: Creditors' Rights & Bankruptcy

March 26, 2020

Financial Services

A Message from Krieg DeVault LLP's Creditors' Rights and Bankruptcy Practice Group on Our Response to the Coronavirus COVID-19 Pandemic

March 23, 2020

Financial Services

Financial Services Regulators Respond to COVID-19

March 22, 2020

Secured Lender

Indiana Court of Appeals Expands De Facto Merger Exception to the General Rule Regarding Corporate Liability for Debts

March 8, 2020

Secured Lender

Seventh Circuit Confirms that the Bankruptcy Code Expressly Subordinates a Seller's Reclamation Claim to the Prior Rights of a Secured Creditor

February 19, 2020

Secured Lender

Indiana Supreme Court Rejects Imposition of “Rule of Reasonableness” on the Statutes of Limitations Applicable to a Lender's Pursuit of a Defaulted Mortgage Installment Promissory Note

February 19, 2020

Financial Services

NCUA Issues Proposed Rule Allowing Some Credit Unions to Issue Subordinated Debt

January 26, 2020

Thought Leadership

Community Reinvestment Act Proposed Rulemaking Update

December 23, 2019

Thought Leadership

Brokered Deposits Restrictions Proposed Rulemaking Update

December 23, 2019

Firm News and Events

Krieg DeVault Authors Indiana Chapter of The Secured Finance Network Compendium of Secured Finance Law

September 25, 2019

Thought Leadership

New Wave of Overdraft Fee Class Action Suits Targets Indiana Financial Institutions

September 22, 2019

Thought Leadership

Agencies Adopt Final Rule Excluding Community Banks from Volcker Rule

July 11, 2019

Thought Leadership

Is Your Organization in Compliance With IRS Rules on Employer Identification Numbers?

April 29, 2019

Firm News and Events

Maria M. Vladimirova Joins Krieg DeVault's Financial Institutions Practice Group

March 7, 2019

Thought Leadership

Indiana Court Upholds Department of Financial Institutions Ruling on Auto Dealer Electronic Titling Fees

November 1, 2018

Thought Leadership

Banking Marijuana-Related Businesses

July 24, 2018

Thought Leadership

Indiana DFI Issues Advisory Letter Reinforcing Position on Dealer Convenience Fees

June 7, 2018

Thought Leadership

President Trump Signs Dodd-Frank Reform Into Law Providing Regulatory Relief to Community Banks

May 29, 2018

Thought Leadership

Indiana DFI Enforcement Action Against Auto Dealer Underscores the Importance of Ensuring Indirect Lending Partners Understand Consumer Credit Laws

May 8, 2018

Thought Leadership

Court Determines Debtor's Correct Name on Driver's License for UCC-1 Financing Statement

March 5, 2018

Thought Leadership

Is Your Website Compliant with the Americans With Disabilities Act?

February 21, 2018

Thought Leadership

Secured Lender Alert: LIBOR Replacement

February 7, 2018

Firm News and Events

Brett J. Ashton to Speak at the 1st American Financial Services Association Law & Compliance Symposium

January 16, 2018

Thought Leadership

The Department of Defense Issues an "Interpretative Rule" to the Military Lending Act - Auto and Personal Property Lenders Faced With Regulatory Uncertainty

January 9, 2018

Thought Leadership

CFPB Issues Final Payday and Installment Loan Rule

January 2, 2018

Firm News and Events

Krieg DeVault Announces 10 Attorneys as 2023 Indiana Super Lawyers; 9 as 2023 Indiana Rising Stars

February 28, 2023

Secured Lender

President Signs Bankruptcy Threshold Adjustment and Technical Corrections Act of 2022

June 24, 2022

Firm News and Events

Krieg DeVault Announces 13 Attorneys as 2022 Indiana Super Lawyers; 6 as 2022 Indiana Rising Stars

February 24, 2022

Firm News and Events

Partner C. Daniel Motsinger Named a 2022 Illinois Super Lawyer; Alexander E. Porter Named a 2022 Illinois Super Lawyers Rising Star

January 31, 2022

Secured Lender

Protecting Against Insolvency Risks related to Customers and Suppliers

November 18, 2021

Secured Lender

Indiana Supreme Court Curtails Attempted Expansion of Exceptions to General Rule Regarding Successor Liability in Corporate Transactions

May 7, 2021

Secured Lender

Bankruptcy Relief Provisions Contained in Consolidated Appropriations Act, 2021

December 23, 2020

Firm News and Events

Krieg DeVault Announces 2020 Partners - Meghan M. Linvill McNab and Shannon L. Noder

January 1, 2020

Firm News and Events

Seventh Circuit Confirms that under Illinois law, Reference in Financing Statement to Parties' Security Agreement is Sufficient to Perfect Secured Creditor's Lien on Debtor's Collateral Described in Security Agreement

September 29, 2019

Thought Leadership

Seventh Circuit Confirms That Under Illinois Law, Reference in Financing Statement to Parties' Security Agreement is Sufficient to Perfect Secured Creditor's Lien on Debtor's Collateral Described in Security Agreement

September 29, 2019

Firm News and Events

Nancy J. Townsend Joins Krieg DeVault's Labor and Employment and Creditors' Rights and Bankruptcy Practice Groups

March 12, 2019

Firm News and Events

C. Daniel Motsinger named to Top 50: 2019 Indiana Super Lawyers Listing

February 21, 2019

Firm News and Events

Krieg DeVault Announces 2019 Senior Associate Promotions

January 10, 2019

Firm News and Events

Kay Dee Baird Elected to the Executive Committee of the Indianapolis Bar Association's Commercial and Bankruptcy Law Section

December 16, 2018

See LessSee All

  • Overview
  • Experience
  • Credentials
  • Practices & Industries

Mark Warsco brings extensive experience as a litigator, concentrating his practice in commercial workouts and bankruptcy, construction law, commercial real estate transactions, complex litigation, and general business representation.

He has advised numerous secured creditors in middle-market commercial loan workouts ranging from $2 million to $10 million, and has served as counsel to creditors’ committees in several significant regional bankruptcy proceedings, including Driggs Farms of Indiana, Progressive Hospitals, Advance Mixer, Inc., and Manco Products, Inc., each resulting in successful §363 sales with distributions to unsecured creditors.

In addition to his insolvency work, Mark counsels business clients through the purchase and sale of enterprises, including the divestiture of a multi-state manufacturing operation to a venture capital firm. He also represents commercial real estate investors in acquisitions and dispositions of manufacturing facilities, shopping centers, and development parcels for both residential and commercial use.

Mark regularly consults with business owners on entity structuring and operational strategy to mitigate legal risk and support long-term growth.

Representative Experience

  • Matter of Seiler, 29 B.R. 33 (Bankr. N.D. Ind. 1983)
  • In re Draggoo Electric Company, Inc., 57 B.R. 916 (Bankr. N.D. Ind. 1986)
  • In re Manwell, 62 B.R. 533 (Bankr. N.D. Ind. 1986)
  • Matter of Graves, 70 B.R. 535 (N.D. Ind. 1987)
  • Matter of Weaver, 93 B.R. 172 (N.D. Ind. 1988)
  • In re Richards, 92 B.R. 369 (Bankr. N.D. Ind. 1988)
  • Matter of Strong, 84 B.R. 541 (Bankr. N.D. Ind. 1988)
  • Matter of Steury, 94 B.R. 553 (Bankr. N.D. Ind. 1988)
  • Matter of Whitman, 101 B.R. 37 (Bankr. N.D. Ind. 1989)
  • Matter of U.S. Marketing Concepts, Inc., 113 B.R. 487 (Bankr. N.D. Ind. 1990)
  • In re R & L Cartage & Sons, Inc., 118 B.R. 646 (Bankr. N.D. Ind. 1990)
  • Udell v. Standard Carpetland, USA, Inc., 149 B.R. 908 (Bankr. N.D. Ind. 1993)
  • In re Zank, 1994 WL 236196 (Bankr. N.D. Ind. 1994)
  • Matter of Udell, 18 F.3d 403 (7th Cir. 1994)
  • In re Rimsat, Ltd., 196 B.R. 791 (N.D. Ind. 1995)
  • In re Import & Mini Car Parts, Ltd., Inc., 200 B.R. 857 (Bankr. N.D. Ind. 1996)
  • Matter of Rimsat, Ltd., 98 F.3d 956 (7th Cir. 1996)
  • Matter of Rimsat, Ltd., 193 B.R. 499 (Bankr. N.D. Ind. 1996)
  • Matter of Rimsat, Ltd., 224 B.R. 685 (Bankr. N.D. Ind. 1997)
  • Miller v. Conte, 19 F.Supp.2d 904 (N.D. Ind. 1997)
  • In re Nova Tool, 228 B.R. 678 (Bankr. N.D. Ind. 1998)
  • In re Bluffton Casting Corp., 186 F.3d 857, 139 Lab. Cas. P 10, 515 (C.A.7 (Ind.) 1999)
  • Abbey Villas Develop. v. Site Contractors, 716 N.E.2d 91 (Ind. App. 1999)
  • In re Rimsat, Ltd., 230 B.R. 362 (N.D. Ind. 1999)
  • In re Rimsat, Ltd., 212 F.3d 1039 (7th Cir. 2000)
  • Warsco v. Preferred Technical Group, 258 F.3d 557 (7th Cir. 2001)
  • In re Barnes, 276 F.3d 927, 38 Bankr. Ct. Dec. 245 (7th Cir. 2002)
  • In re Consol. Industries Corp., 279 B.R. 831 (N.D. Ind. 2002)
  • Warsco v. Household Bank F.S.B., 272 B.R. 246, 89 A.F.T.R.2d 2002-1210 (Bankr. N.D. Ind. 2002)
  • In re Consolidated Industries, 360 F.3d 712, 42 Bankr. Ct. Dec. 190 (7th Cir. 2004)
  • In re Saylor, 339 B.R. 190 (Bankr. N.D. Ind. 2006)
  • Warsco v. Drew (In re Drew), 2007 Bankr. LEXIS 4496, (Bankr. N.D. Ind. 2007)
  • Driggs Farms of Indiana, Inc. v. Driggs Farms Investors, LLC, 2009 Bankr. LEXIS 490, (N.D. Ind. Mar. 2, 2009)
  • Warsco v. Jarvis, 2009 Bankr. LEXIS 495, (N.D. Ind. Mar. 4, 2009)
  • In re DFI Proceeds, Inc., 2010 Bankr. LEXIS 695, (N.D. Ind. Feb. 9, 2010)
  • Warsco v. IFS, Inc., 2010 Bankr. LEXIS 696, (N.D. Ind. Feb. 17, 2010)
  • Warsco v. Alliance Foods, Inc., 2011 U.S. Dist. LEXIS 21597, (N.D. Ind. Mar. 2, 2011)
  • In re Witt, 473 B.R. 284 (Bankr. N.D. Ind. 2012)
  • In re Witt, 481 B.R. 468 (Bankr. N.D. Ind. 2012)

Professional Associations

  • Past President, Indiana State Bar Association, Bankruptcy & Creditors’ Rights Section; Construction Law Section
  • Member, Allen County Bar Association
    • Past President
    • Past Board Member
    • Bankruptcy Section Liaison Committee Chair
  • Panel Trustee, United States Bankruptcy Court, Northern District of Indiana, Fort Wayne Division
  • Member, American Bankruptcy Institute
  • Board Member, Building Contractors Association, 2013-2024
    • Chairman, Governmental Affairs Committee, 1998-2004
  • Member, National Association of Bankruptcy Trustees

Civic Involvement

  • Board Member, Fort Wayne Rescue Mission (2016-2023)
  • Board Member, Jesus in Haiti Ministries, Inc. (2008-Present)
  • USA Zone 7 Trustee, Gideons International (2025-Present)
  • State Vice President, Gideons International (2009–2025)
  • Board Member, Northern Indiana United Methodist Foundation (2008-2011)
  • Board Member, The African/African-American Historical Society, Inc. (1999-2007)
  • Board Member, Indiana Legal Services (2004–2006)
  • Advisory Council, Downtown Improvement District (2000–2002)
  • Board Member, Boy Scouts of America (1999–2001)
  • Board Member, Midtowne Crossing Owners Association (1999–2001)
  • Board Member, Indiana University Alumni Association Northeast Indiana Chapter (1997–2001)
  • Board Member, East Central Housing Corporation (1998–2000)
  • Board Member, East Wayne Street Center (1993–1999); Past President

Awards & Recognitions

  • Named "Lawyer of the Year" by Best Lawyers®
    • Banking and Finance Law, Fort Wayne (2025)
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Fort Wayne (2024)
    • Bet-the-Company Litigation, Fort Wayne (2024)
    • Banking and Finance Law, Fort Wayne (2021)
    • Litigation - Bankruptcy, Fort Wayne (2019)
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Fort Wayne (2018)
    • Bet-the-Company Litigation, Fort Wayne (2017)
    • Litigation - Bankruptcy, Fort Wayne (2016)
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Fort Wayne (2015)
    • Litigation - Bankruptcy, Fort Wayne (2014)
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Fort Wayne (2012)
  • The Best Lawyers in America® 2006-2026
    • Banking and Finance Law
    • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
    • Bet-the-Company Litigation
    • Litigation - Bankruptcy
  • AV Preeminent® Rating from Martindale-Hubbell®
  • Indiana Super Lawyers® 2004–2026
  • Fort Wayne Magazine, Top Lawyer, 2016

Seminars & Presentations

  • Presenter, “Bankruptcy Update,” Allen County Bar Association, September 2015, 2016
  • Presenter, “Ethics,” Northeast Indiana Paralegal Association, April 2015
  • Presenter, “When Bankruptcy & Construction Collide,” Indiana State Bar Association, April 2015
  • Panel Member and Contributing Author, Sigmund J. Beck Advanced Bankruptcy Roundtable, 2008–2015
  • Presenter, “The Impact of Personal Injury/Wrongful Death Bankruptcy & Divorce on Your Estate Plan,” Allen County Bar Association, July 2013
  • Presenter, “Bankruptcy Issues in Probate and Tax,” Allen County Bar Association, July 2013
  • Presenter, “All is Not Lost—Representing Secured Creditors in Bankruptcy,” Bench Bar, Allen County Bar Association, February 2013
  • Presenter, “Spend Down of Assets Pre-Bankruptcy” and “Debtor Business Interest in Chapter 7,” U.S. Trustee Conference, October 2012
  • Presenter, “Seven Things Every Family Lawyer Should Know About Bankruptcy After the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005,” 8th Annual Family Law Institute, October 2010
  • Presenter, “Recent Seventh Circuit Cases,” 17th Annual Central States Bankruptcy Workshop, June 2010
  • Presenter, “Basic Bankruptcy,” Allen County Bar Association, October 2009
  • Presenter, “Collection Tools,” Building Contractors Association, March 1998
  • Presenter, “Estate Planning & Probate for the Paralegal/Legal Assistant in Indiana,” Institute for Paralegal Education, January 1998
  • Presenter, “Asset Protection Planning in Indiana,” National Business Institute, Inc., May 1994
  • Presenter, “Advanced Real Estate Law,” National Business Institute, Inc., August 1993
  • Presenter, “Representing the Business Creditor,” Indiana Continuing Legal Education Forum, April 1993
  • Presenter, “Protection of Secured Interests in Bankruptcy in Indiana,” National Business Institute, Inc., October 1992
  • Presenter, “Basic Bankruptcy,” National Business Institute, Inc., September 1991

Publications

  • Author, "Lenders Must Diligently Protect Their Interests," December 8, 2020
  • Author, "Inchoate Mechanic's Lien Right Presents a Defense to Preference Claim," July 29, 2019
  • Author, "Joint Check Agreement Did Not Protect Supplier from Preference Claim," July 10, 2019
  • Author, "Manage Your Receivables Now To Avoid Losses Later," December 19, 2017
  • Author, "Buying Votes in Chapter 11," American Bankruptcy Institute, February 2011
  • Author, "Collection Tools," March 1998
  • Author, "Asset Protection Planning in Indiana," May 1994
  • Author, "Advanced Real Estate Law," August 1993
  • Author, "Representing the Business Creditor," April 1993
  • Author, "Protection of Secured Interests in Bankruptcy in Indiana," October 1992

Education

  • J.D., cum laude, Indiana University Maurer School of Law, Bloomington, Indiana, 1980
  • B.A., Purdue University Fort Wayne, Fort Wayne, Indiana, 1977

Bar & Court Admissions

  • Indiana, 1980
  • U.S. District Court for the Northern District of Indiana, 1980
  • U.S. District Court for the Southern District of Indiana, 1980
  • U.S. Court of Appeals for the Seventh Circuit, 1992

Practices

  • Creditors' Rights and Bankruptcy

Industries

  • Financial Services

 

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