Golf Courses Burdened by Restrictive Covenants Face Extra Challenges in Bankruptcy: Commercial Leasing and Law Strategy Publishes Daniel Lev’s Article
Many private golf courses are burdened with...
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Trustee and Receiverships
Throughout our history, the full-service legal team at SulmeyerKupetz has always included attorneys who are bankruptcy trustees and state court receivers. While most larger law firms do not have trustees due to conflicts of interest, our firm currently offers the services of three in-house trustees providing significant added value to our clients.
Our In-House Trustees Offer Significant Client Benefits
Having in-house trustees and receivers directly benefits our clients. Since the firm not only represents companies that are in bankruptcy, but also other parties who could be involved in the case, having a trustee at the firm provides numerous opportunities and advantages for clients, including the following:
- Extensive bankruptcy knowledge: In order to be appointed to the Panel of Trustees, trustees must possess an extensive understanding of the bankruptcy laws and their application. Given our experience, we can anticipate the likely next steps and effectively advise clients. Additionally, since our trustees are also attorneys, they can approach the case through the lens of the Bankruptcy Code using their in-depth legal training. An accountant or other professional trustee may be more limited in this regard.
- Positive recognition in the courts: Our trustees constantly appear before judges, who have come to know their credibility and the quality of our work. The firm’s positive recognition and reputation may translate into benefits for our clients.
- Relationship building: Over time, our trustees have built valuable relationships with other trustees, which helps facilitate more direct contact and timely communication.
- Exceptional organizational skills: Our trustees get assigned hundreds, if not thousands of cases. These disciplined organizational skills enhance client case management.
- Creative problem solving: Working as a trustee enables our attorneys to use creative problem-solving skills in order to develop solutions that maximize the benefits to creditors and owners.
- Simplifying a complex process: Our trustees also function as “public ambassadors of the bankruptcy process” by explaining the procedure, giving it a human face, and helping people get through the process. Simplifying complex matters and providing step-by-step guidance also helps support and build positive relationships with our clients.
Broad Range of Receiver and Trustee Cases
The attorneys at SulmeyerKupetz have served as receivers and trustees in all types of cases. In addition, the firm frequently represents other bankruptcy receivers and trustees. We handle a broad range of receiver and trustee cases, including:
- Apartment projects
- Shopping centers
- Hotels
- Restaurants and bars
- Mini-warehouse storage facilities
- Manufacturing and distribution operations
- Farming and livestock operations
- Retail businesses
- Media and entertainment companies
- Trade schools
- Hazardous waste cases
Contact Our Trustees
Please contact the firm’s trustees with any questions.