Corporate Reorganization & Bankruptcy
The right legal team is critical in dealing with troubled companies. Almost every bankruptcy, restructuring or asset sale has pitfalls and hidden complications. Sirote's Corporate Reorganization & Bankruptcy attorneys regularly advise clients on how to manage the complexity in bankruptcy and restructuring matters to minimize cost and maximize value. Drawing on its extensive and multi-disciplinary practice, including technology, real estate, communications, utility law, corporate, tax, labor, and environmental law, the firm has the unique ability to analyze and resolve the complex issues that arise whenever companies face financial troubles, insolvency, or bankruptcy.
Attorneys in our bankruptcy group represent secured and unsecured creditors (including banks, investment bankers, insurance companies and other financial institutions), purchasers of assets out of distressed situations, official and unofficial creditor committees, debtors and Chapter 11 trustees. The firm’s attorneys have extensive experience in all aspects of creditor and investor representation and counsel clients as to the most cost-effective and expeditious strategies available to resolve and dispose of troubled loans, investments, or credits, before and after a debtor files for bankruptcy.
Our Bankruptcy and Restructuring Practice Group is also deeply experienced in traditional areas of bankruptcy practice, such as post-petition financing, treatment of executory contracts and leases, fraudulent conveyances, preferences, and proposing and objecting to plans of reorganization. In addition, the group regularly assists clients in structuring transactions to minimize risk in the event of future insolvency proceedings. The group also advises boards of directors and corporate officers on fiduciary obligations in troubled situations.
