BANKRUPTCY AND BUSINESS REORGANIZATIONS


In an uncertain economic environment, some businesses are in distress while simultaneously others are searching for the next great opportunity. Recognizing changes in the whole economy and within their particular industries, companies are increasingly turning to bankruptcy as an option for reorganizing their core businesses, shedding excess assets or divisions, and reformulating long-term objectives. But when a company is faced with the uncertainties presented by a bankruptcy or restructuring, it is often overwhelmed by a myriad of challenges that inevitably follow. The attorneys in our Bankruptcy and Business Reorganizations Practice Group possess the experience needed to successfully guide clients through these exceedingly complex situations -- from whatever side of the table that they are sitting.

Our Bankruptcy and Business Reorganizations Practice Group attorneys have addressed the difficulties affecting numerous industries, including retail, real estate, telecommunications, financial services, aviation, technology and manufacturing. They have excelled in achieving client success in many areas of bankruptcy practice including:

  • Acquisitions of assets from distressed entities or bankruptcy estates
  • Alternatives to bankruptcy, including workouts, restructurings, acquisitions and financings
  • Complex bankruptcy litigation
  • Debtor-in-possession financing
  • Involuntary bankruptcies
  • Lender liability litigation
  • Foreclosures, including under the Uniform Commercial Code
  • Reorganization and liquidation plans
  • State law remedies, including enforcement of judgments
  • Structuring financings, real estate transactions and commercial transactions to address or anticipate bankruptcy and insolvency issues

Our attorneys have broad and deep experience representing all of the parties to bankruptcies and restructurings, both in-court and out-of-court, including:

  • Debtors
  • Official and ad hoc committees, including committees of unsecured creditors, equity security holders and retirees
  • Investors and purchasers of assets, debt instruments or equity of troubled companies
  • Secured and unsecured creditors and DIP lenders
  • Boards of directors and board committees
  • Trustees, receivers, examiners, indenture trustees and other fiduciaries

Our bankruptcy and business reorganizations team offers clients a comprehensive approach, bringing together the knowledge and capabilities of our team with those of attorneys in the firm's strong complementary practices -- including Corporate, Litigation and Arbitration, Real Estate, Distressed Real Estate, Environmental and Structured Finance. Together, we help clients navigate challenging times and address the full range of issues that can arise when reorganizing their core businesses, shedding excess assets or divisions, reformulating long-term objectives or dealing with distressed companies.

Our bankruptcy clients include major investment funds, investment banks, public companies, retail companies, energy companies and real estate companies. Some of our significant bankruptcy and business reorganizations clients include Angelo, Gordon & Co., Entergy Corporation, Houlihan, Lokey, Howard & Zurkin, Imperium Partners, J. C. Penney Company, Kmart, NorthStar Capital, TJS Partners and many others.

Our attorneys have decades of experience handling the many complex issues that arise in reorganizations, restructurings, workouts, liquidations, and distressed acquisitions and sales. Regardless of the situation, our Bankruptcy and Business Reorganizations Practice Group help clients navigate through uncertain times and achieve their goals.

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