Bankruptcy & Financial Restructuring
BANKRUPTCY & FINANCIAL RESTRUCTURING
Distressed businesses need seasoned legal counsel that can help them reach the best possible outcomes, both in and out of court. With savvy derived from decades of experience working “in the trenches” with debtors, boards of directors, individual creditors, and creditor committees across the country, Nixon Peabody attorneys are equally skilled at negotiation, litigation, and transactional approaches. Our full range of services spans all areas of bankruptcy law and includes:
- Asset protection
- Reorganization planning
- Debt restructuring
- Asset acquisitions and sales
- Pre-bankruptcy counseling
- Loan workouts and forbearance agreements
- Creditor committee representation
- Collateral liquidation
- Real estate foreclosure
- Preference litigation
We have represented both publicly and privately held companies in formal reorganization and liquidation proceedings, as well as in out-of-court workouts and restructurings. We have also served as Chapter 11 and Chapter 7 trustees. We provide representation to:
- Secured and unsecured lenders
- Buyers and sellers of distressed businesses
- Indentured trustees
- Creditor committees
- Equity holders
- Company management
- Equipment lessors
- Non-debtor contract parties
- Venture funds
Nixon Peabody’s Financial Restructuring & Bankruptcy practice was featured in the inaugural “Best Law Firms” rankings by U.S. News & World Report/Best Lawyers (2010), where it was recognized nationally and received honors in Massachusetts, New Hampshire, and New York.
Our attorneys are educated business professionals. We understand how products are priced and sold, and we are skilled at financial modeling, interpreting financial statements, projections, and forecasting. We serve as high-level business counselors able to help companies:
- Uncover areas of operational weakness
- Discover where money is being made and lost
- Develop and execute turnaround plans
- Critique existing plans
Our negotiating skills enable us to often resolve contentious issues without having to return to court.
- IRS to Appeal Judge's Approval of Solyndra Reorganization Plan
Daily Journal | November 5, 2012
Manchester Bankruptcy & Financial Restructuring partner Dan Sklar provides commentary in this article discussing the IRS’ plans to appeal a bankruptcy judge’s approval of bankrupted solar company Solyndra’s restructuring plan alleging that it would allow the company to avoid paying taxes.
- City Bar Recognizes Pro Bono Efforts
New York Law Journal | October 25, 2012
New York City Bankruptcy & Financial Restructuring associate Chris Desiderio is among the honorees of the annual City Bar Justice Center Jeremy G. Epstein Awards for Outstanding Pro Bono Service highlighted in this article.
- Bankruptcy Bar Fighting Off ‘Unfair' Fee Proposal
Massachusetts Lawyers Weekly | June 18, 2012
Boston Bankruptcy & Financial Restructuring partner Mark Berman provides commentary in this article discussing the controversial fee proposal from the Executive Office for U.S. Trustees and how it could impact bankruptcy attorneys.