Richelle Kalnit

Chief Commercial Officer, Hilco Streambank

Richelle Kalnit is Chief Commercial Officer, Senior Vice President at Hilco Streambank.  She advises companies, lenders and stakeholders on matters related to intangible assets, including brands, software, patent portfolios, digital assets and marketplace accounts, as well as how artificial intelligence (AI) can impact the utilization of these assets.  Richelle’s services often take the form of sell-side mandates, where she brings to bear nearly 2 decades of legal and M&A deal experience managing the nuances and unique aspects of the sale of these types of assets.  She is responsible for developing an unmatched commercially reasonable sale process product under Article 9 of the Uniform Commercial Code for intangible assets, and is adept at managing and leveraging the dynamics surrounding those processes.

Richelle has experience in the sale of intellectual property assets on both the sell- and buy-side in bankruptcy, Article 9 foreclosure transactions, out-of-court sale processes, receiverships, and assignments for the benefit of creditors. She works closely with consumer privacy ombudsmen when they are appointed in connection with the sale of personally identifiable information in bankruptcy.

She is a frequent panelist and contributor related to asset sales and intangible assets and how artificial intelligence (AI) may impact the value of intangible assets.

Richelle is a founding member and co-chair of the Hilco Global Women’s Business Resource Group.

Prior to joining Hilco Streambank, Richelle was a member of the bankruptcy and restructuring group of Cooley LLP. During her tenure at the firm, she managed M&A transactions for several of the nation’s most prominent retailers, consumer product companies, hotels and restaurants. She began her career at the law firm King & Spalding LLP.

Richelle graduated from the University of Pennsylvania, cum laude, and received her law degree from the Benjamin N. Cardozo School of Law at Yeshiva University, where she graduated cum laude and was in the top 10% of her class. She is a member of the University of Pennsylvania Professional Women’s Alliance, the American Bankruptcy Institute, the Turnaround Management Association, the International Women’s Insolvency & Restructuring Confederation and the National Association of Bankruptcy Trustees.