Commercial Bankruptcy Services
The highly specialized area of bankruptcy law requires skilled and aggressive litigators with a proficient understanding of the United States Bankruptcy Code. The attorneys in Obermayer’s Creditors’ Rights, Bankruptcy and Financial Reorganization Department have extensive experience and a demonstrated record of success in assisting large corporations in their efforts to reorganize both outside of and under Chapter 11 of the Bankruptcy Code.
Services provided by the department include: Negotiation of out-of-court workouts; debt counseling to business entities corporations, partnerships, proprietorships and individuals contemplating bankruptcy; representing unsecured creditors’ committees interests in Chapter 11 cases; general representation of trustees appointed under Chapter 7 and Chapter 11 of the Bankruptcy Code; and representation of trustees as special litigation counsel.
Specifically, the department’s lawyers work closely with clients, providing counseling and advice with respect to debt management, while exploring alternatives to a filing for bankruptcy. In doing so, our attorneys become a key part of the client’s team, working with accountants, bankers, financial analysts, investor groups, unions and the judicial system to successfully restructure or reorganize businesses experiencing financial difficulty. When bankruptcy is unavoidable, the department utilizes its extensive experience in business and real estate Chapter 11 reorganization proceedings.