DEPARTMENT PROFILE

Bodman PLC

Bankruptcy/Restructuring

2 ranked lawyersBand 1MichiganUSA 2020 View ranking table

DEPARTMENT PROFILE

Bodman PLC

Bankruptcy/Restructuring

2 ranked lawyersBand 1MichiganUSA 2020 View ranking table

chambers review

department information

ranked lawyers

Chambers Review

This content is provided by Chambers based on our research. Learn more about our methodology.

What the team is known for

A preeminent law firm in both banking and finance and bankruptcy and restructuring. Maintains a strong focus on debtor-creditor rights, reorganizations and workouts. Offers comprehensive advice to individual creditors, creditor committees and trustees. Represents a wide variety of commercial and community banks and credit unions in Michigan.

Work highlights

Represented Comerica Bank in workout negotiations with a major distributor of appliance parts, culminating in the borrower's placement into state court receivership.

Notable practitioners

Ralph McDowell is highly regarded for his experience acting on behalf of creditors, particularly banks and financial institutions. He has further expertise in the representation of debtors. Clients praise him as "extremely knowledgeable."

Robert Diehl is a highly experienced attorney who assists with a wide range of bankruptcies, in addition to guiding clients through out-of-court workouts. One source praises him as both "wicked smart" and "very well respected by his peers."

Department Information

This content is provided by Bodman PLC.

Overview

Our Bankruptcy and Debtor-Creditor Rights attorneys help clients manage risk and seize opportunities in a financial crisis.

Our attorneys emphasize creative, practical approaches to achieve our clients’ objectives in a timely, cost-effective manner. Our core group of attorneys draws upon the expertise of specialists in other practice areas as needed, including banking, pension benefits, litigation, environmental, tax and real estate.

We have a comprehensive practice in the areas of bankruptcy, reorganization, workouts, and debtor-creditor rights. Because we represent many financial institutions, we regularly represent the interests of lenders in workouts, bankruptcies and troubled credit situations in nearly all industries, using our experience to help preserve collateral value and maximize realization. Our attorneys also assist creditors and creditors’ committees, trustees, purchasers of assets and lessors of real and personal property. We also assist business clients with acquisitions, financial restructurings, and other debtor-creditor issues.