Bankruptcy, Creditors’ Rights & Insolvency Litigation

With nearly 60 years of combined experience, WHP’s Bankruptcy, Creditors’ Rights & Insolvency Litigation attorneys are uniquely positioned to assist small to mid-sized businesses, secured lenders, court-appointed trustees and receivers, and individuals with issues that may arise in chapter 7 and 11 business bankruptcies; chapter 7, 11, and 13 individual bankruptcies, state court insolvency proceedings and receiverships, and out-of-court restructurings and negotiations. Whether formally in state or federal court, or in an out-of-court, pre-litigation position, our clients expect that we will provide clear, commonsense advice and guidance while developing the best strategy, stressing efficiency and cost-effectiveness without compromising on a solution that is in the client’s best interests.

Clients can rely upon the expertise, thoroughly reasoned and no-nonsense advice, and representation by those professionals in WHP’s Bankruptcy, Creditors’ Rights & Insolvency Litigation practice to provide assistance within the following areas, among others:

  • Pre-Bankruptcy Analysis, Negotiation, and Financial Restructuring
  • Loan Modifications and Workouts
  • Bankruptcy Preparation and Filing, including Involuntary Bankruptcy Filings
  • Representation of Committees (including those of unsecured creditors)
  • Debtor-in-Possession Financing
  • Asset Valuations and Section 363 Asset Sales
  • Preference, Avoidance and Recovery Actions, including Fraudulent Transfers
  • Chapter 11 Plan Confirmation Issues and Challenges
  • Objections to Claims
  • Nondischargeability Actions
  • Equitable Subordination Claims
  • Director and Officer Liability and Successor Liability Claims

Recently, our Bankruptcy, Creditors’ Rights & Insolvency Litigation Group was honored with the Turnaround of the Year award for 2016 by the Turnaround Management Association of Ohio for our role as Committee counsel in the successful restructuring of buffalo wing restaurants Quaker Steak & Lube. This case remains open, but the Liquidation Trustee estimates a recovery to unsecured creditors in excess of eighty cents on the dollar.

Additionally, WHP’s Bankruptcy, Creditors’ Rights & Insolvency Litigation practice is structured to provide full service to clients with respect to:

  • Commercial and Residential Foreclosure Actions
  • Receivership Actions
  • UCC Article 9 Asset Sales and Liquidations
  • Judgment Enforcement