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Business Reorganizations and Bankruptcy


"We are a relatively small company dealing in an industry with multi-billion dollar organizations. Whiteford, Taylor & Preston are our great equalizer. They really level the playing field, understand our business, and our needs and requirements. It is as if they are a division of our company.” -- Client quoted in US News & World Report, Best Law Firms

They are also the best in the world in terms of explaining complex legal concepts so the layman can understand!” Client quoted in US News & World Report, Best Law Firms

“Paul Nussbaum and his colleagues at Whiteford, Taylor & Preston are the finest, most capable and responsive attorneys I have ever had the pleasure of working with.  They were so effective as co-counsel on a particular matter that we worked on together, that they were the first attorneys I turned to when our Firm required legal advice and assistance; outstanding attorneys, and wonderful and caring people.” Client quoted in US News & World Report, Best Law Firms

Chambers and Partners ranks the firm BAND ONE in its highest tier and comments:  "… Paul Nussbaum is a noted bankruptcy lawyer and chairs the firm's bankruptcy litigation, restructuring and debtor-creditors' rights practice. He is 'creative and has good insight not only into the law, but into the motivations of the other side.' Managing partner Martin Fletcher specializes in a broad range of bankruptcy reorganization and restructuring matters. He is 'a top-notch administrator,' according to sources, and also elicits praise for his awareness of developments in the financial sector. … Bankruptcy lawyer Kevin Hroblak's 'command of the law in very complex areas is truly impressive and a very rare commodity,' remark sources, who also praise his ability to practically apply this legal knowledge to everyday problems." -- Extract from Chambers and Partners USA

The Business Reorganization and Bankruptcy Practice group at Whiteford, Taylor & Preston offers an ideal mixture of transactional strength and litigation reinforcement. Our group is recognized as among the largest and most accomplished in the region. We represent debtors and debtors in possession, creditors and creditors' committees, lenders and trustees in all types of commercial and bankruptcy related litigation, debt restructuring and bankruptcy reorganization proceedings, including out-of-court workouts. Our representation ranges from small local cases to those of national stature. Additionally, our business reorganization and bankruptcy practice extends across industry lines to include real estate development, retail and wholesale, transportation, healthcare, manufacturing, telecommunications, agri-business and a host of other industries. Our clients include individuals, small business organizations, and publicly traded institutions, among others.

Our team of professionals brings an enormous diversity of skill and experience to each bankruptcy or financial problem it handles. The members of our group include a former Justice Department litigator, Chapter 7 and 11 trustees, career Chapter 11 specialists, and a former in-house counsel of a financial institution. Moreover, several members began their legal careers as judicial clerks for federal or state court judges, including federal bankruptcy judges.

The transactional and litigation groups of the business reorganization and bankruptcy practice coordinate their efforts in order to yield the best business results for our clients. We look forward to the challenge of assisting you in achieving optimum results in any bankruptcy proceeding or financial crisis in which you are involved.