Our experienced attorneys represent debtors, committees, secured and unsecured creditors, investors, avoidance action defendants, and every other constituency in commercial bankruptcy cases, out-of-court workouts, and other complex matters where insolvency is an issue.
Serving on a committee may be the most cost-effective way for an individual unsecured creditor to influence the outcome of a Chapter 11 case and protect their interests. When we represent Unsecured Creditors’ Committees, we bring the experience, acumen, and nuance developed over decades of working with companies in financial distress. While the goal is always the same – maximizing return to unsecured creditors – we know that success depends on a thorough understanding of the debtor’s business, resources, limitations, and realistic options. An active and well-represented committee can be the lynchpin to achieving the best outcome, whether that involves reorganization, going-concern sale, or liquidation. Read more »
When we negotiate with banks and other creditors on a client’s behalf, it’s with the company's overarching goals, concerns, and priorities in mind. The aim of these negotiations – or workouts – is to reduce debt or extend payment terms. Often called an "out-of-court restructuring," a workout is designed to get a company the relief it needs short of filing for Chapter 11 protection. Read more »
Chapter 11 is a complex legal action, and no company would choose it as a first resort. But when survival is on the line, Chapter 11 protection is a powerful tool that can be the difference between revitalization and liquidation. Our attorneys have reorganized more than a thousand companies involving billions of dollars in debt. We know how to achieve maximum value for our clients in a Chapter 11 case. And we also understand that it's never a place our clients want to be. Read more »
Chapter 11 is most often used as a reorganization tool, but there are other situations where an entity might need the relief only Chapter 11 can provide. These involve the sale of a financially strained operating business or significant assets, or when a company seeks to go out of business in an orderly manner. Read more »
While much of our practice is focused on representing committees and guiding companies through workouts and Chapter 11 cases, our attorneys have extensive experience representing secured and unsecured creditors, trustees, purchasers of assets, and defendants in preference and fraudulent conveyance actions in business bankruptcy cases in Tennessee, Florida, and throughout the Southeast. Read more »