SulmeyerKupetz has for decades represented parties on all sides of business bankruptcies and corporate restructurings. Our attorneys have extensive experience developing, negotiating, and confirming plans of reorganization on behalf of debtors, creditors’ committees, trustees, purchasers, and other plan proponents. Our firm also represents these parties and all major constituencies in financings, sales, avoidance action and claims litigation, and bankruptcy appeals, as well as contract and lease assumption, assignment, and rejection. Our lawyers are experienced in protecting the rights and maximizing the claim value of secured and unsecured creditors in Chapter 11 cases. Chapter 11 offers an opportunity for companies to reset their balance sheets, renegotiate financial obligations, and emerge on a going concern basis. Our lawyers also successfully utilize Chapter 11 to implement sale procedures and consummate sales and acquisitions.
Our firm maintains a robust practice representing companies in filing for Chapter 11 relief, guiding them through the Chapter 11 process, and negotiating plans of reorganization through the bankruptcy court with all constituencies, including lenders, landlords, and vendors. Our work on behalf of Chapter 11 debtors has included the following representative matters:
Our lawyers also work on behalf of secured creditors to protect and enforce their rights and maximize recovery in Chapter 11 cases. Examples of the firm’s work in this area include:
We represent unsecured creditors’ committees in all aspects of Chapter 11 cases, including negotiating, propounding, and opposing plans of reorganization, as well as advising and representing committees to maximize creditor recovery, pursuing avoidance actions and other litigation, and otherwise proactively protecting the rights of unsecured creditors. Our firm’s representation of committees has included:
Chapter 11 is frequently used to facilitate sales of distressed businesses and assets. Generally, sales procedures are negotiated and approved by the bankruptcy court. Our firm represents “stalking horse” buyers and other purchasers in such sales. Representative matters include:
Our firm also includes and regularly represents Chapter 11 trustees. For more on our trustee work, please visit the Bankruptcy Trustees & Receivers page here.