PRACTICE GROUPS
Creditors' Rights &
Bankruptcy
CREDITOR'S RIGHTS & BANKRUPTCY
About
The experienced lawyers in our Creditors' Rights & Bankruptcy Group provide aggressive and proactive advocacy to businesses, institutions, and individuals when they, or those with whom they do business, suffer financial distress. We have decades of experience representing secured lenders and other creditors in the resolution of troubled business credits and distressed real estate both in and out of court. We represent creditors and debtors in state and federal courts and we regularly represent clients in Chapter 11 reorganization proceedings and Chapter 7 liquidation proceedings under the Bankruptcy Code. We also have extensive experience representing financial and insurance institutions in connection with commercial real estate loan foreclosures and work-outs, including industrial, multifamily, office, retail, construction loans, affordable housing projects, residential projects, and subdivision and condominium developments.
Our Approach
The firm takes an aggressive and proactive approach to resolving troubled credits, whether through restructuring, deeds-in-lieu, bankruptcy, or litigation. Our bankruptcy and work-out experience includes representation of:
Secured Lenders
Financial institutions, private lenders, REMICs, REITs, and other tax-favored entities in bankruptcy proceedings, foreclosures, and real estate workouts, including restructuring and enforcing troubled mortgage loans.
Creditors/Debtors/Trustees
Creditors, debtors in possession, and trustees in Bankruptcy Courts in Connecticut, Delaware, New York, and throughout New England.
IP Owners/Lenders
Owners and secured lenders with respect to copyrights, trademarks, patents, and other intellectual property, including the protection of security interests in all forms of intellectual property, as well as the sale and use of intellectual property in financing and credit transactions.
Equipment Lenders/Lessees
Equipment lessors and lessees and other parties to asset-based and equipment lending transactions, including the recovery of leased property and the disposition of personal property under the Uniform Commercial Code.
Unsecured Creditors
Unsecured creditors, suppliers, and trade creditors in bankruptcy proceedings, both in the recovery of claims and in the defense of preferences, fraudulent transfers, and other avoidance actions brought by bankruptcy trustees.
Landlords
Landlords in bankruptcy proceedings, including proceedings for the assumption or rejection of real estate leases, the recovery of unpaid rentals, and the assignment and renegotiation of lease terms with Chapter 11 debtors.
Notes Sellers/Buyers
Sellers and buyers of notes secured by distressed real estate.
363 Sale Buyers
Buyers of distressed businesses and assets in so-called 363 sales in Bankruptcy Court.
For more information about our Creditors’ Rights & Bankruptcy Group, please contact Nicholas P. Vegliante or Melvin A. Simon.
ATTORNEYS
Our Team
Our attorneys combine legal and practical experience in a diverse range of businesses and industries. We have created a unique culture that encourages personalized service, a focus on results, and a relaxed, comfortable working environment. You can expect hard work, diligence, and a commitment to excellence from each member of our team.