Bankruptcy/Restructuring
USA Guide 2024 : Louisiana
Contact number
+1 504 586 1200About
Provided by McGlinchey Stafford
Knowledge of a client’s business, industry, and strategic goals is critical in structuring financial reorganizations, workout plans, loan modifications, and collection of our clients’ claims. Our team capitalizes on McGlinchey Stafford’s extensive financial services, transactional, and litigation experience and utilizes the skills of McGlinchey Stafford attorneys who concentrate their practices in other areas of law. This ability to leverage our firm’s strengths in business and consumer financial services, in transactional work and in litigation across multiple industries, enables us to better serve our clients’ needs.
Our clients are primarily commercial and consumer lenders and servicers, including bondholders, bond issuers, and financial lending institutions. We also represent creditors in all varieties of industries and businesses in all stages of Chapter 11 proceedings.
Additionally, our attorneys handle specialized foreclosure, collateral recovery, and lease termination matters for a range of clients, including maritime financiers, floor plan lenders, and manufacturers of heavy equipment and vehicles and their captive lending arms.
We counsel commercial and consumer lenders, secured and unsecured creditors, trustees, creditors’ committees, and student loan lenders in restructuring, bankruptcy, insolvency, and other lending-related matters.
Chambers Review
McGlinchey Stafford is regularly involved in providing counsel to banks and other financial institutions in bankruptcy proceedings. The firm handles loan workouts and distressed asset sales, in addition to providing counsel in Chapter 11 and 7 filings. It is also noted for its handling of foreclosures for maritime financiers and heavy equipment manufacturers, among other clients.
Strengths
Provided by Chambers
"McGlinchey provides excellent service, which goes above and beyond what you would usually get, the firm does a great job."
"The firm is really good and I am pleased with their work."
"McGlinchey provides excellent service, which goes above and beyond what you would usually get, the firm does a great job."
"The firm is really good and I am pleased with their work."
Notable Practitioners
Rudy Cerone of McGlinchey Stafford focuses on advising lenders and other creditors on bankruptcy matters. He has extensive experience in handling Chapter 11 proceedings.
"Rudy Cerone is respected in Louisiana."