Bankruptcy

Filing for bankruptcy brings to mind companies that cannot continue to operate and need a protective environment in which to liquidate their assets. Chapter 7 bankruptcy cases and liquidating Chapter 11 cases certainly make up a large portion of the financial restructuring universe, and there are times when these avenues are the only ones available to protect a debtor company and its creditors.

However, in today’s business world, the concepts of financially restructuring and filing for relief under the Bankruptcy Code reach beyond these traditional insolvency scenarios. Financial restructuring is a legitimate business tool in assisting a company that is capable of performing well but faces certain financial barriers to success. Embarking on a restructuring as a business strategy can allow a company time to reorganize and get its feet back on the ground.

Our attorneys are well qualified to guide debtors, creditors and committees through the restructuring process. We provide a wide range of services to corporations, governments, partnerships and individuals dealing with distressed financial situations. In addition to representing clients in bankruptcy cases, we regularly handle out-of-court liquidations and restructurings, consensual workouts, pre-packaged and pre-arranged proceedings and the purchase and sale of assets of distressed corporations. We are also regularly involved in bankruptcy litigation.

Our attorneys possess the expertise in business law and the Bankruptcy Code that, in combination with extensive business know-how, make it possible to quickly and efficiently identify a debtor’s or creditor’s needs and guide it through the restructuring or liquidating process, whether in the context of a formal bankruptcy under the Bankruptcy Code or in a workout, or other out-of-court proceeding.

The firm is well known for its work in health care insolvencies, representing hospitals, nursing homes and lifecare communities. We have experience with insurance company insolvencies and are regularly engaged as special counsel in bankruptcy litigation.

Our lawyers frequently lecture and write on bankruptcy issues, occasionally with a sense of humor.