Bankruptcy & Creditor's Rights
If you are a creditor in need of help, the experienced attorneys in Sirote & Permutt’s Bankruptcy & Creditor’s Rights practice group are prepared to handle the full range of what may be needed for your particular situation.
Our attorneys understand the pitfalls and potential complications of a corporate bankruptcy, restructuring or asset sale. That’s why we’re well equipped to handle these complex manners in the most efficient way possible, educating and advising our clients on minimizing cost and maximizing value.
We represent a wide array of clients, including:
• Secured and unsecured creditors
• Banks and other financial institutions
• Investment bankers
• Insurance companies
• Purchasers of assets out of distressed situations
• Official and unofficial creditor committees
• Chapter 11 trustees
Sirote attorneys have extensive experience in all aspects of creditor and investor representation. We counsel clients on 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. A sample of the bankruptcy and corporate restructuring services we provide includes:
• Chapter 11 reorganization
• Out-of-court loan workouts
Our team is also experienced in traditional areas of bankruptcy practice, including:
• Post-petition financing
• Treatment of executory contracts and leases
• Fraudulent conveyances
• Bankruptcy preferences
• Proposing and objecting to plans of reorganization
• Structuring of transactions to minimize risk
Our practice group also advises boards of directors and corporate officers on fiduciary obligations in troubled situations.
And, because our firm includes multidisciplinary practice areas, including technology, real estate, communications, utility law, corporate, tax, labor and environmental law, we are able to work together to resolve the complex issues that arise whenever companies face financial troubles, insolvency or bankruptcy.
Sirote & Permutt also offers a full spectrum of creditor’s rights legal services such as commercial and general civil litigation, complex creditor oriented services, commercial bankruptcy matters and corporate workouts.
Sirote attorneys rely on our extensive, multi-disciplinary practice to analyze and resolve the complex issues concerning creditors’ rights, all the way into the courtroom, should that become necessary.
Besides extensive experience in all aspects of creditor and investor representation, Sirote holds a proven reputation for aggressive and efficient litigation strategies. We counsel our clients about the most cost-effective and expeditious options available to resolve and dispose of troubled loans, investments or credits.
In addition to our extensive client work, Sirote attorneys regularly speak at local, regional and national programs about the various federal and state mortgage lending and servicing statutes, rules and regulations, and how they affect lenders and servicers. Our attorneys often speak at seminars for the USFN, MBA, the Alabama Lenders Association, DRI and other organizations and these presentations are more than summary – they are more often workshops, which require a detailed understanding of statutes and regulations and their impact on the products and services offered by lenders.
Sirote attorneys have experience and understanding of the various federal statutes affecting the mortgage industry. Since our work for our clients and trade associations requires us to study and comment upon agency-proposed regulations, we have an in-depth background that does not require us to “reinvent the wheel” in response to client questions.