Bankruptcy & Restructuring

Overview

When an entity or individual runs into financial trouble, bankruptcy—be it a Chapter 7 liquidation or Chapter 11 reorganization—is often the best (or only) choice. That’s especially true these days, in the wake of the COVID-19 pandemic and resulting economic downturn, when more businesses than ever are weighing their options in terms of bankruptcy and similar types of relief.

Debtors require sophisticated, experienced legal counsel to assist them through the difficult process. For their part, creditors nationwide (including landlords) seek guidance to protect their rights, as bankruptcy petitions spike. Who do they turn to? M&R’s Bankruptcy and Restructuring Practice Group, which represents all of the following:

• Corporations
• Partnerships (general, limited, and limited liability)
• Limited liability companies
• Individuals and guarantors
• Equity holders
• Landlords
• Receivers
• Bankruptcy trustees
• Creditors (secured and unsecured)
• Creditors’ committees
• Developers
• Purchasers and sellers of distressed assets
• Financial institutions
• Private lenders
  

Complementing our extraordinary team of bankruptcy attorneys are corporate, real estate, employment and litigation specialists that are at the top of their respective fields. Together, our professionals provide comprehensive representation to those facing major liabilities, slumping business and cash-flow problems, as well as creditors looking to protect themselves.

Of course, bankruptcy isn’t a one-size-fits-all solution for potential debtors, and sometimes—depending upon circumstances—a Chapter 7 or 11 bankruptcy may not be the perfect solution. Our bankruptcy attorneys help clients consider all options to determine if they can avail themselves of alternatives short of bankruptcy (e.g., out-of-court workouts, asset sales, debt settlement and accommodation, loan renegotiation, assignment for benefit of creditors, and the like). And when necessary (and possible), we work with accountants and turnaround specialists to achieve our clients’ operational goals.