PRACTICE AREAS
Bankruptcy, Reorganization and Workouts
Thompson O’Brien’s attorneys practicing within the Bankruptcy, Reorganization and Workouts Practice Group represent secured and unsecured creditors, creditors’ committees and trustees in workout negotiations, in default and foreclosure actions in state courts, and in bankruptcy court proceedings under Chapters 7, 11, 12 and 13 of the Bankruptcy Code.
The partners and associates working in the group have extensive and broad-based bankruptcy and commercial litigation backgrounds and are supported by real estate and banking partners who function as affiliate members of the group maintaining expertise on issues arising in the bankruptcy/reorganization context. Members of Thompson O’Brien regularly represent clients in the following matters: breach-of-contract actions; enforcement of security interests; lease litigations; secured creditor priority disputes; fraudulent conveyance actions; lender liability claims; preference claims; bankruptcy appeals; complex plan confirmations; and bankruptcy alternatives such as workouts and loan restructuring, compositions, assignments for the benefit of creditors, bulk sales agreements and non-bankruptcy liquidations.
Members of the firm regularly advise corporate clients concerning the creative possibilities of, and the dangers inherent in, bankruptcy filings and reorganizations.
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