Creditors' Rights & Business Reorganizations
PDH clients oftentimes find themselves as a creditor, vendor, landlord or tenant, or contracting party with a company that has filed bankruptcy. We have extensive experience protecting our clients' interests in bankrupcty or where there is an out-of-court work-out, and in any litigation that may be filed. When our clients are creditors in bankrupcty proceeding, whehter the circumstances call for trial skills or deal-making expertise, we strive to maximize our clients’ debt recovery by identifying available assets and strategies for successful realization of claims. In bankruptcy matters—including many high profile proceedings—our attorneys have successfully represented creditors in connection with complex preference matters, lifting the automatic stay, fraudulent transfer litigation, assumption and rejection of executory contracts, discharge and dischargeability matters, claims litigation, and plan confirmation issues.
Featured Transactions
- Advised Board of Directors under Delaware law of their fiduciary duties associated with a proposed recapitalization where the Company had a controlling shareholder and could be alleged to be in the zone of insolvency.
- Involuntary Chapter 7 filing on behalf of group of secured mechanic lien claimants in Tennessee Bankruptcy Court against national construction firm.
- Settlement of disputed accounts receivable, sales of real estate in multiple states, and resolution of claims on behalf of an insolvent subsidiary for firm client.