Overview
The firm’s bankruptcy, insolvency and restructuring practice represents clients in a broad range of commercial litigation and transactional matters, with emphasis in domestic and international insolvency, creditors’ rights, bankruptcy, restructuring, and reorganization.
ADDRESSING YOUR NEEDS
Recognizing that the adversarial and competitive business environment requires increasingly creative strategies to avert serious financial difficulties, members of the practice are often called upon to act as key advisors in the structuring of business and real estate transactions.
Our experienced attorneys understand that there is a general misperception regarding the benefits – and detriments – of Chapter 11. We make certain that our clients – debtors and creditors – are fully aware of how the bankruptcy process works, who is likely to take what steps and how the client can effectively respond. The field of bankruptcy and insolvency is often similar to a chess match requiring sharp, anticipatory strategic skills and the ability to understand who or what is indispensable to achieving the desired result and how to get the key players to agree upon a mutually acceptable outcome. Our mission is to assist you in reaching the most advantageous position possible.
WHAT WE DO
We are involved in a variety of bankruptcy matters. On a regular basis we:
- Counsel management, investors, and secured and unsecured creditors, including lenders, trade creditors, committees, indenture trustees, tenants, and foreign representatives in reorganization, foreclosure and liquidation proceedings as well as out-of-court restructurings, workouts, and other commercial transactions
- Represent substantial and high-profile private and publicly held business debtors both within and outside of Chapter 11 proceedings
- Represent trustees in both Chapter 7 liquidation and Chapter 11 reorganization cases
- Participate in real estate insolvencies and restructurings on behalf of lenders, developers and investors
- Advise parties that are selling, purchasing or investing in distressed and insolvent businesses
- Advise boards of directors of public companies who must balance fiduciary duties to creditors and shareholders while navigating a course through financial crises
OUR EXPERIENCE
The practice draws upon a vast reservoir of knowledge and experience. Our attorneys are recognized as leaders in the field, and regularly lecture on a variety of topics for a panoply of trade organizations and bar associations. As the practice of bankruptcy, insolvency and restructuring is truly interdisciplinary, we bring to bear the resources that Cozen O’Connor has in all areas that may be necessary to effectively represent and advise our clients, including:
- Health Law
- Environmental Coverage
- Employee Benefits
- Labor And Employment
- Public And Project Finance
- Real Estate
- Antitrust
- Tax
- Corporate And Securities
- Financial Services
- Intellectual Property
- Regulatory And Compliance Law
- Commercial Litigation
OUR CLIENTS
We actively represent corporate debtors, secured and unsecured creditors, creditors’ committees, trustees, foreign representatives, landlords, equipment lessors, insurance companies, lenders, and investors in large Chapter 11 cases throughout the United States.
REPRESENTATIVE CASES WE HAVE HANDLED
- Represented 123 affiliated Chapter 11 debtors with more than 120 retail locations
- Represented sports memorabilia and trading card company in Chapter 11
- Represented a regional chain of appliance stores in Chapter 11
- Represented official committee of unsecured creditors in Chapter 11 filed by largest specialty glass manufacturer
- Represented official committee of unsecured creditors in Chapter 11 cases filed by athletic apparel manufacturer and retailer
- Represented official committee of unsecured creditors in Chapter 11 case filed by discount retailer with more than 80 locations
- Represented operating Chapter 7 trustee in sub-prime mortgage lender
- Represented insurance company in several Chapter 11 asbestos bankruptcy cases
- Represented multi-location landlord in Chapter 11 bankruptcy of large furniture retailer
- Represented numerous general unsecured and reclamation claimants in Chapter 11 cases of wholesale food distribution company
- Represented Chapter 11 plan trustees in numerous cases to litigate allowance of claims and litigate thousands of avoidance actions