Community Service







 

 

 

CREDITORS’ RIGHTS/BANKRUPTCY PRACTICE


We have a long and successful record of protecting the rights of both secured and unsecured creditors. Our clients include banks, hospital systems, corporations and individuals. We counsel our clients in developing a strategy to maximize their recovery or minimize their loss. When consistent with our clients’ objectives, we have been successful in keeping matters out of court as a means of controlling costs and increasing efficiency. Special areas of experience include the following:

Representation in Bankruptcy Proceedings

We advocate and protect the rights of creditors in Chapter 7, 11 and 13 bankruptcy proceedings. Depending upon the needs of our client and the circumstances of the particular engagement, we:

• prosecute motions for relief from the automatic bankruptcy stay in order for our clients to continue or initiate legal actions necessary to protect their rights, such as foreclosure proceedings;

• negotiate cash collateral orders and defend against proceedings brought by the debtor to use our clients’ cash collateral;

• pursue and recover assets from the trustee or debtor in bankruptcy;

• prosecute objections to discharge of the debtor or dischargeability of a specific debt;

• defend preference actions brought by the debtor or trustee to disallow pre-bankruptcy transfers;

• prosecute and defend all types of adversary proceedings; and

• attend the Section 341 first meeting of creditors and file proofs of claim.

Protection of Creditors’ Rights Outside of Bankruptcy

Outside of Bankruptcy Court, we counsel and provide experience and expertise to our bank and corporate clients, large and small, in the following areas:

• collection of commercial debts;

• prosecution and defense of contract and other litigation, such as lender liability, lease termination and disputes under the Uniform Commercial Code;

• representation in out-of-court workouts;

• identifying and setting aside fraudulent conveyances; and

• structuring and enforcement of secured transactions.

To Top