Bankruptcy/Restructuring

Today's challenging economy has made bankruptcy a more commonly used tool for reorganizing debt, restructuring to meet new business objectives, and maximizing the value of assets. Our attorneys have the skills and experience to guide the process—and to know when another solution might be more suitable. Our experience ranges from corporate restructurings, including Chapter 11 debtor and creditor matters, to Chapter 9 municipal insolvencies, distressed real estate, and distressed M&A. We advise on all facets of financial distress, including restructurings, workouts, the refinancing of debt, creditor-debtor litigation, asset dispositions and recapitalizations, reorganizations, and liquidations, both in and outside of formal proceedings. Because many of the issues involved in a corporate restructuring require industry-specific skills, we often call upon colleagues skilled in public finance, real estate, health care, energy and utilities, housing, higher education, securities, investment management, government, the environment, labor, and tax.

The Philadelphia office is best known for:

·        Corporate restructuring

·        Workouts

·        Reorganizations and liquidations

·        Refinancing of debt

·        Distressed municipalities

·        Landlord representation in retail tenant bankruptcies (nationwide)

·        Bankruptcy litigation

·        Real estate leasing

·        Sale and acquisition of distressed assets