Bio

Peter D. Cronk serves as Managing Partner of Plunkett Cooney's Lansing office and as Co-Leader of the Banking, Bankruptcy & Creditors' Rights Practice Group. Mr. Cronk also serves on the firm's Budget & Finance and Hiring committees. 

Mr. Cronk has a diverse client base, which includes several Fortune 500 lenders, national and international companies, real estate developers and a variety of small business. He advises lenders in all aspects of commercial lending and related litigation. Mr. Cronk has particular expertise in commercial loan workouts, receiverships, debt restructures, loan sales, corporate work for global companies and small businesses, real estate acquisition and development and commercial litigation in both state and federal courts.

Mr. Cronk has been recognized by his peers and has earned Martindale-Hubbell’s highest peer-review rating, “AV-Preeminent.” He is also listed among the Best Lawyers in America® for commercial litigation.

Representative Client Work

  • Lead counsel on hundreds of commercial and real estate loan workouts in all major industries
  • Expert in commercial real estate and personal property foreclosure remedies and related litigation
  • Regularly represents lenders in the appointment of receivers and receivership sales
  • Represents receivers in all aspects of appointment, management, court obligations and sale of assets
  • Regularly negotiates and drafts loan sales, short-sales, debt restructures and other transactions involving distressed companies 
  • Statewide management of defense litigation for a Fortune 100 company
  • Representation of numerous companies in start-up, corporate governance and business acquisition 
  • Represented a lender in a foreclosure/receivership action involving three licensed nursing home facilities that were kept in operation and prepared for sale to a third-party investor  
  • Represented a real estate developer in a $100 million redevelopment project involving a historic building 
  • Represents multiple corporations in business, real estate and corporate litigation matters

Professional Affiliations

  • Eaton County Bar Association
  • Ingham County Bar Association (Civil Litigation and Corporate Law sections)
  • American Bar Association (Banking, Civil Litigation and Corporate & Business sections)

Published Cases

  • Bosanic v Motz Development, Inc., 277 Mich. App. 277; 745 NW2d 513 (2007)

Articles

Credentials

Education

  • Western Michigan University Cooley Law School, magna cum laude, J.D., 1999
  • Arizona State University, B.S., 1995

Admissions

  • Michigan, 1999
  • U.S. District Court, Western District of Michigan, 1999
  • U.S. District Court, Eastern District of Michigan, 1999

Honors/Awards

Honors & Recognitions

  • Best Lawyers in America® for Commercial Litigation, 2023 - 2025
  • Best Lawyers in America® for Banking and Finance Litigation, 2025
  • Martindale-Hubbell’s highest rating-AV Preeminent™ Peer Review Rated
  • Western Michigan University Cooley Law Review, Assistant Editor
  • Book Award Recipient (Contracts I, Contracts II, Torts I, and Sales and Negotiable Instruments)
  • Corpus Juris Secundum Award for Significant Contribution to Scholarship
  • Student Bar Association, Class Senator

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