Corporate Bankruptcy and Restructuring
Corporate Bankruptcy and Restructuring. Just like large companies that must reorganize, small to medium-sized businesses also deserve aggressive, attentive services in bankruptcy cases. We provide those services. We also act as local or conflict counsel in large bankruptcy matters. Companies in bankruptcy need solid, effective and efficient counsel. They deserve no less and can afford no more. We are committed to serving our clients’ needs in this regard.
Our lawyers have acted as debtors’ counsel and counsel to creditors’ committees in small to mid-size bankruptcies. We have pursued adversary claims on behalf of committees or a trustee, defended corporate directors sued for breach of duty in connection with bankruptcy cases, and defended claims brought against creditors. In addition, we have represented creditors in claims against bankruptcy estates, including but not limited to landlords, personal injury claimants, third-party contract parties, and others. Whether one is a sophisticated financial institution with a complex lien issue or a small shop with virtually no experience in litigation whose largest receivable has just been listed in a customer’s bankruptcy filings, our goal is to furnish competent, cost-effective, properly-staffed attention to your legal and financial needs.
Sometimes, after reviewing your companies’ specific issues, our lawyers have determined that you would be better served by a restructuring outside of the bankruptcy court. For example, our lawyers have represented many companies in an “out-of-court” restructuring process which resolves claims against the company without court involvement. We will honestly tell you what path is legally and economically best for your company, and tailor a resolution that is best suited for your purposes.
Similarly, we prefer providing a holistic approach to bankruptcy involvement. Whether one is a debtor, creditor, trustee, landlord, asset purchaser, customer, or any other party in a Chapter 11 case, a tunnel-vision approach to resolving a single legal issue will often result in overlooking important rights, obligations, or exposure. In bankruptcy cases, creditors and other parties often “wear one more than one hat,” and it is critical to a successful resolution that all such issues be addressed or at least tracked in order to avoid unpleasant surprises. Insofar as the bankruptcy process may be a mine field for the unwary, it is the mission of our commercial bankruptcy and restructuring group to bring you both the map and the tools to read it.
