Party City Seeks to Monetize its Lease Portfolio Through Bankruptcy Auction Process
Bankruptcy & Restructuring
Our bankruptcy & restructuring group is an interdisciplinary practice leveraging the firm’s experience in bankruptcy and creditors’ rights, lending, litigation, private equity and securities, real estate, and healthcare.
Our team counsels lenders, including commercial banks, real estate funds, REITs, indenture trustees, and investors in distressed situations, defaulted loans, loan restructurings, and workouts both in and out of bankruptcy. Buyers and sellers acquiring or disposing of distressed real estate and other assets rely on our team’s skill to guide them through complex processes. We also help clients mitigate risk when entering into transactions with parties that could become insolvent.
With particularly strong experience handling bankruptcy cases in the healthcare industry, Farrell Fritz attorneys represent numerous official committees of unsecured creditors and owners and management groups in bankruptcy cases of hospitals, nursing homes, and other healthcare providers. Collaborating with the firm’s corporate attorneys, we also advise institutions acquiring healthcare businesses through bankruptcy asset sales.
Show MoreExperience
We have considerable experience handling engagements for every kind of constituency participating in business bankruptcy cases, including:
- Asset purchasers
- Avoidance action defendants
- Debtors in possession
- Equipment lenders and lessors
- Institutional lenders
- Landlords and lessors
- Litigation and liquidation trustees
- Official committees of creditors and informal creditor groups
- Owners and managers of Chapter 11 debtors
- Private equity funds
- Purchasers and sellers of bankruptcy claims and loans to distressed companies
- Trade creditors
- Unions
Beyond Bankruptcies
Farrell Fritz also handles engagements in insolvency matters outside the bankruptcy context, such as:
- Access to capital or refinancing outside of bankruptcy
- Assignments for the benefit of creditors
- Loan workouts
- Obtaining and enforcing money judgments
- Receiverships
- Prosecuting and defending commercial mortgage loan foreclosures
- UCC Article 9 sales
- Winding down of insolvent businesses without bankruptcy relief
Additional Information
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