Loan Workouts and Pre-Bankruptcy Planning

We work with clients to structure and negotiate out-of-court workouts and financial solutions to meet the objectives of both creditors and debtors. Our experience and innovative solutions often lead to out-of-court settlements involving sales, mergers, and acquisitions. As a full service firm, we call on attorneys from other practice areas to resolve complex transactions, saving our clients the time and expense of court proceedings.

We are able to quickly identify when a client should begin planning for a potential bankruptcy filing.  The planning stage includes a review of the prospective debtor’s assets and liabilities, an analysis of the prospective debtor’s corporate structure and affiliated entities, and an examination of cash flow, along with an evaluation of any equity cushion in secured collateral for potential cash collateral usage. We are experienced with DIP financing planning, pre-petition lender negotiations, avoidable transaction analysis and jurisdictional analysis to determine the most favorable venue. In our experience, a relatively small amount of planning has allowed cases to proceed in the most advantageous and economical manner.