Bankruptcy and Creditors’ Rights

The Firm’s Bankruptcy and Creditors’ Rights Practice Group represents bankruptcy trustees, creditors, creditors’ committees, equity committees as well as troubled companies in all bankruptcy and related matters, including developing and implementing workouts, plans of reorganization, and other strategies. The Group applies its depth of experience and skill both inside and outside of the bankruptcy proceeding. Coupled with the Firm’s Delaware Practice, the Group enables the Firm to offer a nationally preeminent bankruptcy practice. The Group’s practices include:

• Liquidation and Going Out of Business Sales
• Out of Court Restructuring Agreements, Plans of Reorganization, including Pre-Package Plans and Related Disclosure Statements
• Counseling with respect to Fiduciary Duties and Conflict of Interest in Directing and Managing Troubled Companies
• Advising Insolvent Companies
• Purchasing, Selling or Liquidating Troubled Businesses within or Outside of Bankruptcy Proceedings
• Debtor-in-Possession Financing Arrangements
• Disputed Valuations of Assets
• Prosecuting and Defending Avoidance Actions including Preference and Fraudulent Conveyance Matters
• Disputes Regarding Lender Liability and Equitable Subordination of Claims
• Appointment of Trustees and/or Conversion of Chapter 11 Cases to Chapter 7 Cases
• Counseling with respect to Relative Rights of Utility Providers in Chapter 11 Cases
• Representation of Creditors' Committees
• Negotiation and Documentation of Treatment of Unsecured Creditors' Claims in Chapter 11 Plans