Overview

Our bankruptcy lawyers represent lenders in Chapter 11 and Chapter 15 proceedings and out of court workouts. We develop effective, practical strategies to address the legal and business issues confronting lenders, maximizing the potential return to clients. 

Clients look to us for advice on the negotiation and documentation of out of court workouts. Recent engagements include workouts involving companies in the automotive, steel, real estate, telecommunications, recreational products and health care industries.

We assemble teams of corporate, commercial finance, tax and real estate lawyers to guide clients through the complexities of distressed situations. This multidisciplinary team approach allows us to provide the most efficient and cost-effective representation possible.

The cost and complexity of Chapter 11 proceedings make out of court workouts favorable in many situations. However, when the case facts and applicable provisions of the Bankruptcy Code make an in court restructuring more appropriate, we offer swift, creative legal strategies based on our clients’ goals.

Experience

Our experience includes:

  • The Education Resources Institute, Inc. (District of Massachusetts).Representation of major lender and member of creditors' committee in Chapter 11 of guarantor of student loans.
  • Land Resource, LLC (Middle District of Florida). Representation of senior secured lenders in Chapter 11 of large multi-state real estate developer.
  • Schwab Industries, Inc. (Northern District of Ohio). Representation of administrative agent and secured lender in Chapter 11 case of multi-state ready-mix concrete company.
  • South Franklin Circle (Northern District of Ohio). Representation of administrative agent and secured lender in the Chapter 11 case of a continuing care retirement community.
  • A.B. Dick Company (District of Delaware). Representation of major secured lender in Chapter 11 of manufacturer of printing equipment.
  • Concord Steel, Inc. (Northern District of Ohio). Representation of administrative agent and secured lender in Chapter 11 case of a manufacturer of steel products.
  • ROL Manufacturing (Canada) Ltd. (Southern District of Ohio). Representation of largest secured creditor in Chapter 15 case involving cross-border proceedings in both Canada and the United States.
  • Escada (USA), Inc. (Southern District of New York). Representation of largest bank creditor, individually and as co-chair of official creditors' committee of major women's clothing retailer.
  • Freedom Communications Holdings, Inc. (District of Delaware). Representation of administrative agent and secured lender in Chapter 11 case of major newspaper publisher.
  • Alterra Healthcare Corporation (District of Delaware). Representation of two bank groups in negotiated pre-bankruptcy workout of multi-state owner and operator of assisted living facilities.
  • R.I.A. Melbourne L.P. (Northern District of Ohio). Representation of senior secured lender in Chapter 11 of Florida shopping center.
  • Deaconess Hospital LLC (Northern District of Ohio). Representation of secured lender in Chapter 11 of acute care hospital.  
  • Level Propane Gases, Inc. (Northern District of Ohio). Representation of major equipment financiers in Chapter 11 of large propane gas distributor.
  • Midland Food Services III, LLC (Northern District of Ohio). Representation of secured lender in Chapter 11 of restaurant franchise operator.
  • Solar Cosmetic Labs, Inc. (Southern District of Florida). Representation of secured lender in Chapter 11 of manufacturer of sun and skin care products