Refinancing and Reorganization
Our attorneys collaborate with companies facing insolvency to identify and execute the most strategic course of action, including negotiating financing and creditor adjustments, and guidance through bankruptcy. Our representative experience includes:
- Food Industry – Our counsel through Chapter 11 helped a large company with labor problems and a history of losses concentrate on its core meat processing business, settle its labor dispute, and emerge as a profitable, growing employer.
- Business Support Industry – Our team helped a telemarketing company being forced into liquidation to pursue reorganization. We won against the client's commercial bank, negotiated a payment plan with other creditors, and raised cash by selling off unprofitable lines of business. We also helped to settle the claims of a venture investment group. The client became profitable and the bank was paid in full. Several years later, the company's owners sold the business for a healthy return.