In today’s rapidly changing business and economic climate, bankruptcy law can be a valuable business planning tool for companies in financial trouble. A successful reorganization plan can provide renewed financial stability to a company and a strong foundation for achieving new levels of financial success. Similarly, an innovative work-out strategy for salvaging a real estate development can convert a troubled project into an investment vehicle which will attract private funds. Providing effective legal counsel to debtors and creditors wishing to avoid or facing insolvency, liquidation or a range of collection matters is the mission of the Firm's bankruptcy & creditors’ rights group. The group handles matters throughout the United States with its primary focus on Missouri, Illinois and Kansas.
The group provides a range of services from execution of routine filings on behalf of unsecured creditors to the development and implementation of sophisticated strategies, negotiations, transactions and litigation on behalf of secured creditors, official unsecured creditors’ committees, debtors and landlords. The group also interfaces with the Firm’s mergers and acquisitions group in the context of sales of the bankrupt’s assets, whether in the role of counsel to the debtor which has determined to dispose of some of its assets to raise capital or to place its active company “in play” as an alternative exit strategy to the bankruptcy process; or as counsel to the potential acquiror, providing experienced-based guidance throughout the unique acquisition process.
Listed below are some of the variety of services our bankruptcy and creditors' rights group attorneys provide to their clients:
Attorneys in this group have a broad-based business perspective as well as finely honed legal skills and knowledge of the U.S. Bankruptcy Code. Our attorneys have extensive experience with the problems and concerns of both entrepreneurs and lenders. Taking a “bottom line, deal maker” approach consistent with the goals of the client, our group members are result-oriented and aware of the need for timely and cost-effective response.
The breadth of industry knowledge of members of the group as well as the Firm is particularly helpful in advising both debtors and creditors on the variety of business questions that arise in the course of bankruptcy proceedings. Group members are especially familiar with the reorganization problems faced by banking and health care institutions, the automotive and thrift industry, retail groups and real estate developers.
Due to the pleading and paper-intensive nature of this area of law, the group runs “a tight ship” with effective case management, sophisticated automation support and experienced paralegals. No case is too big or too small; the group is prepared to staff any matter in a cost-effective manner and within the client’s budget.