Stafford Rosenbaum’s Bankruptcy and Creditors’ Rights attorneys specialize in addressing options, providing guidance, and salvaging the most out of the bankruptcy process, representing the interests of secured and unsecured creditors alike, such as banks, insurance companies, businesses, municipalities, and Creditors’ Committees. Our work in this area includes:
- Pre-filing representation of creditors, including negotiations with debtors to attempt workouts for problem loans and taking steps to improve client security when bankruptcy proves inevitable
- Defense of businesses charged with receiving preferences
- Representation of secured lenders in Chapter 11 bankruptcies, including financing agreements, cash collateral arrangements, debtor-in-possession financing and litigating automatic stay, adequate protection, and plan confirmation issues
- Effective litigation in bankruptcy-related proceedings concerning letters of credit, voidable transactions, equitable subordinations, and bankruptcy appeals
- Representation of Creditors’ Committees
- Representation of creditors in all facets of Chapter 11, Chapter 7, and Chapter 13 matters, including automatic stay relief, plan confirmation, and dischargeability
Measurable Results
Our Bankruptcy and Creditors’ Rights attorneys blend their experience in handling all areas of bankruptcy proceedings with integrity, professional excellence, and accessible legal advice. It’s a practice that has yielded positive results for many different types of clients:
- Effectively represented the Creditors’ Committee in a Chapter 11 case of a manufacturing company with total assets of $60,000,000 and yearly revenues of $190,000,000, including the successful negotiation of a 100% payout plan for the creditors
- Successfully defended two large banks against claims in an adversary proceeding for lender liability against a claim that the banks should have had their $2,000,000 secured claim equitably subordinated because of alleged misrepresentation
- Obtained dismissal of a Chapter 11 proceeding on behalf of a secured creditor on a $1,900,000 mortgage loan on the grounds of lack of good faith
- Obtained, for creditors, relief from automatic stays in numerous cases
