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USA Maine Bankruptcy/Restructuring

The focus is on corporate bankruptcy and restructuring and the legal processes related to distressed businesses, which can either be reorganized or go into liquidation. Also, especially in the current economic environment, the chapter includes lawyers who advise on acquisition opportunities that arise out of distressed businesses. Lawyers in this chapter assist clients such as corporate debtors, investors and asset purchasers, secured and unsecured creditors and creditors` committees, bondholders, insurers, directors of distressed companies and any other interested parties in corporate restructurings and bankruptcy proceedings. In addition to transactional work, bankruptcy also covers any related litigation, such as disputes between such parties in connection with distressed companies and Chapter 11 and Chapter 7 processes.

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Band 1
  1. Bernstein Shur
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    Bernstein Shur
    Bankruptcy/Restructuring
    2023 | Band 1 |
    Bernstein Shur has a standout bankruptcy group offering extensive expertise in Chapter 11 reorganization proceedings and best known for its representation of debtors. Demonstrates notable proficiency in other bankruptcy-related matters, including workouts and asset sales. Regularly acts for national clients in the real estate and healthcare sectors, among others.
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  2. Drummond Woodsum
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    Drummond Woodsum
    Bankruptcy/Restructuring
    2023 | Band 1 |
    Drummond Woodsum provides a premier practice of highly skilled bankruptcy attorneys, advising clients across northern New England. The firm possesses particularly strong experience acting for creditors in challenging insolvency cases. The team is well equipped to handle a range of restructuring and creditors' rights matters.
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  3. Verrill Dana, LLP
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    Verrill Dana, LLP
    Bankruptcy/Restructuring
    2023 | Band 1 |
    Verrill Dana represented a trustee in a Chapter 7 case in which the firm successfully assisted the bankruptcy estate with liquidating several unusual and complex assets, including cell phone towers and leases, cryptocurrency, mortgage receivables, and judgments.
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