Bankruptcy, Insolvency & Workouts
The firm’s bankruptcy, insolvency and workout department provides experienced counseling for various insolvency related issues including litigation, mediation, state court receiverships, business workouts, bankruptcy reorganizations, and acting as counsel for debtors and creditors in financially distressed situations. The firm has substantial experience in all aspects of bankruptcy reorganizations and bankruptcy litigation.
The Bankruptcy, Insolvency and Workout group at Sherman Silverstein represents clients in every aspect of dealing with financial distress, including debtors, secured creditors, unsecured creditors, landlords, guarantors, committees, trustees and state court receivers. Work outs and bankruptcy cases often require immediate attention with an ability to move quickly and adjust to an ever changing landscape. A debtor’s conduct regularly has a marked effect on its secured creditors, vendors, taxing authorities and other parties in interest. These competing interests must be thoroughly understood and analyzed before any action is undertaken. Our attorneys have the experience to recognize and address these issues on an expedited basis. Our goal is to provide creative, cost-effective ideas and strategies to best position our client to maximize its position.
Our bankruptcy attorneys are as adept in litigating complicated issues as they are in resolving them outside of court and move nimbly from one setting to the other.
Sherman Silverstein’s attorneys have litigated many issues arising out of or related to bankruptcies and work outs. They have conducted trials in state and federal courts and have appeared before state and federal appellate courts.
The Bankruptcy, Insolvency and Workout group represents:
- Corporate and Individual Debtors
- Secured and Unsecured Creditors
- Creditors’ Committees
- Chapter 7 and 11 Trustees
- Purchasers of Assets through Section 363 Sales or Plans
- Equity Interest Holders
- Receivers and Assignees in State Court Insolvency Proceedings
- Clients in in All Forms of Litigation Arising from Bankruptcy and Insolvency
Our attorneys have been involved in cases from virtually every business sector, including:
- Real Estate