Practice Areas

• Bankruptcy & Creditors' Rights
• Commercial Litigation
• Corporate & Banking
• Distressed Assets
• Environmental
• Estate Litigation
• Healthcare
• Labor & Employment
• Land Use & Municipal
• Real Estate
• Tax
• Tax Certiorari
• Trusts & Estates

Event Calendar

Fundamentals of Workplace Investigations

Sep 22, 2010
8:00am - 10:00am

SEQRA

Sep 22, 2010
8:30am - 4:30pm

See Full Calendar >

Our bankruptcy and workout group is a microcosm of Farrell Fritz's overall practice, drawing from all areas of the firm's practices. The group is made up of a core of attorneys who focus on bankruptcy and workout matters. The group frequently draws upon lawyers from litigation, corporate, real estate, healthcare, environmental, labor and tax to assist with the multitude of issues that frequently arise in troubled, financially distressed situations.

The Bankruptcy and Creditors' Rights Practice Group represents primarily creditors, both secured and unsecured, although the firm represents borrowers in strategic engagements. The group represents official committees, trustees, examiners, officers and directors and debtors in Chapter 11 cases. The group also represents parties acquiring assets through bankruptcy as well as parties being sued by committees, debtors or trustees to recover preferences or fraudulent conveyances.

With respect to institutional lenders, the Bankruptcy and Creditors' Rights Practice Group:

• Reviews loan documents and lenders' collateral coverage for existing and potential defects and enforcement problems
  
• Advises the client regarding available alternatives
  
• Works with the client to avoid lender liability exposure
  
• Evaluates the borrower's proposals against the backdrop of potential litigation strategies
  
• Documents pre-bankruptcy resolutions with an eye toward possible future bankruptcies

In addition, the group's attorneys frequently assist their colleagues in the Corporate and Real Estate Departments in analyzing insolvency issues that arise in loan originations including, for example, preferential payments, credit enhancement issues, fraudulent conveyances, alter ego, substantive consolidation and inter-creditor issues. Our clients may have an ongoing relationship with a debtor in bankruptcy, as a landlord, a service provider or other. We assist these clients in continuing to do business with the debtor while assuring prompt payment for products or services provided post-petition.

The group has developed a niche in the intersection of healthcare and chapter 11, representing official committees, distressed hospitals and other key players in healthcare bankruptcies.