Bankruptcy and insolvency litigation can proceed quickly, often bringing companies to court within a few weeks. A skilled bankruptcy litigator needs to conduct a swift, thorough analysis of a client’s situation and be prepared to defend the client’s interests in a very short period of time.
The firm’s experience in this area includes:
- Advising a trustee in a significant bankruptcy lawsuit involving more than $20 million worth of oil and gas properties. The properties were transferred back to the client’s estate.
- Resolving a clear liability case with terms that allowed the client, a North Texas construction company, to avoid bankruptcy and continue operations.
- Recovering payment, through the use of essential vendor and foreign vendor orders, of suppliers' claims against companies that filed for Chapter 11 bankruptcy.
- Representing an Illinois-based utility company in litigation against distressed bondholders seeking recovery following an $80 million bond default for an electric power facility. located outside of Chicago. At the time, this was the eighth largest municipal bond default in the history of the municipal market, according to the Bond Investors Association.