In addition, we counsel our clients regarding duties and benefits of debtors and creditors, eligibility for relief, exemption status, and dischargeability of debts. We also render advice to problem businesses and to creditors dealing with failing businesses. The Firm also has participated as counsel to creditors and debtors in real estate workouts, bankruptcies, and foreclosures.
Bankruptcy and Reorganization
The Firm's bankruptcy practice is comprised of debt restructuring, foreclosures, loan workouts, assignments for benefit of creditors, and representing creditors and debtors in insolvency proceedings. We are also involved in negotiating and drafting disclosure statements and reorganization plans and related agreements, including asset purchase agreements, loan documents, subordination and inter-creditor agreements, equity and debt instruments, and documents related to corporate governance.
Telephone: 1 (718) 855-3000