With deep knowledge and breadth of experience across multiple industries, the attorneys in our Bankruptcy and Creditor’s Rights Group understand the dynamics of distressed businesses. Financial and operational aspects of your commercial organization as a bankruptcy creditor may involve debt finance, securities, tax law, and more. What options should you consider? What is cost-effective? How should an out-of-court negotiation be attempted? The bankruptcy law team at McKenna Storer will walk you through the range of options and counsel you on the recommended strategy.
Attorneys with experience in this practice area know that the challenge facing creditors’ counsel is not merely competing with the debtor and its shareholders, but also competing against other creditor constituencies with differing agendas. Assisting large and small businesses with their debt collection efforts is a significant part of our service within this practice area.
Extensive knowledge of creditor-debtor rights and the finer nuances of business operations, litigation, negotiation skills and corporate law distinguish McKenna’s bankruptcy team. We have successfully advocated for clients collecting debt in a wide range of industries including:
The attorneys in our Bankruptcy and Creditor’s Rights Group have broad experience in representing clients involved in commercial bankruptcies, from large publicly traded companies to small commercial cases. They have represented clients on creditor committees, defended preferences and represented trustees in adversary litigation, including professional liability and fraud claims, in state and federal courts. Prosecution of involuntary bankruptcies by our team includes bringing down a $50 million Ponzi scheme.
We represent individuals, small businesses and publicly-traded companies in all types of bankruptcy creditor proceedings. Our areas of expertise include:
Defend claims and advocate to limit debtor rights, initiate proceedings to modify automatic bankruptcy stay
Provide cost-effective legal strategies, resolve and fend off competing creditor claims
Identify and recommend options for collecting loans or debts, including guarantor and third party recoveries
Provide assistance with debt collection efforts
Provide workouts and debt restructuring resolutions out of court
Provide legal counsel on liability risk best practices, respond to and prosecute claims of professional negligence related to handling assets, including bankruptcy trustee representation
Advocate, negotiate and litigate on behalf of diverse creditor groups with a wide range of trustees and other fiduciaries
Collection and bankruptcy litigation can be time-consuming and costly as automatic stays and other debtor rights benefit defaulting borrowers, tenants, suppliers and customers. Through decades of litigation experience, we know that a court battle should be the last resort only when all other methods of negotiation fail. In the event that litigation becomes inevitable, a hands-on and personalized approach will set the grounds for a timely and cost-effective representation of your claims.