Business Restructuring & Creditors’ Rights/Bankruptcy

Our Business Restructuring & Creditors’ Rights/Bankruptcy team is equipped to assist small to mid-sized businesses, secured lenders, committees, vendors, creditors, court appointed trustees and receivers, and individuals with issues that relate to financial distress, including chapter 11 bankruptcy.

We work with all parties to distressed situations to creatively develop the best strategy to serve their respective needs through clear, common sense advice and guidance without compromising our client’s best interests.

Our areas of expertise include:

• Equity holders of distressed entities
• C-suite representation in distressed operations
• Bankruptcy
• Creditors’ Committees in Bankruptcy
• Corporate Restructuring and Workout
• Distressed Asset Sales and Purchases
• Receiverships
• Creditor Strategies
• Troubled Customer Assistance and Strategies
• Commercial Foreclosures
• Assignments for the Benefit of Creditors
• Fiduciary Duty Strategies and Consulting
• Lien Enforcement

GET TO KNOW US:

• Members of our team have been involved in chapter 11 bankruptcy cases, whether representing the debtor or the creditors’ committee, across the United States, including Ohio, Michigan, Pennsylvania, New York, Delaware, and Florida, in addition to multiple out-of-court restructuring in numerous other states.
• We received the Turnaround/Transaction of the Year award from the Turnaround Management Association (Ohio Chapter) for our role as Committee counsel in the successful restructuring of Quaker Steak & Lube restaurants.
• We successfully reorganized CBK Futures, Inc., a Burger King® franchisee with 10 locations, through a Section 363 sale.
• We served as Ohio counsel to the Official Committee of Unsecured Creditors of Murray Metallurgical.
• We successfully reorganized the business of EB Display Company (and affiliates) through an approved sale of substantially all assets under section 363 of the Bankruptcy Code.
• We have represented numerous Receivers in multiple Ohio Jurisdictions.
• We regularly counsel clients of all shapes and sizes on their creditor needs, including business to business collections, strategies and business considerations.
• We represented Grover Musical Products as a committee member of the Official Committee of Unsecured Creditors in the Gibson Brands, Inc. Chapter 11 cases (long live the Les Paul).