Financial Restructuring & Bankruptcy

Overview

We execute workouts and bankruptcies of energy, manufacturing, financial, and commercial businesses of all kinds, and a wide variety of real estate developments. Our team advises on the purchase of assets from debtors and guides our clients through the entire transaction process—from due diligence to closing. We advise, both official and unofficial, creditors’ committees and debtors in complicated business reorganizations, restructurings, bankruptcy proceedings, and bankruptcy-related financings.

Representative Experience

• LRG Healthcare in its bankruptcy and sale to Concord Hospital. Additional details pending Wind Down Committee approval
• Seisenbacher Inc., a designer and manufacturer of mobility-focused interior designs for the rail and transportation industry, as they seek relief under Chapter 11 of the United States Bankruptcy Code
• smarTours, a tourism operator and travel company, in a 60-day Chapter 11 restructuring and debt-for-equity swap
• Ezenia! Inc. as debtor’s counsel to effect a balance sheet restructuring of a software development company and the preservation and maximization of its pre-bankruptcy net operating losses
• Old Cold, LLC as debtor’s counsel in a sale of substantially all of its assets of a textile manufacturing and development company in a hotly contested sale process, which led to several appeals to the First Circuit and one to the U.S. Supreme Court.
• Energy Investors Fund, leading the bankruptcy advice and strategy regarding the restructuring of hydro power facility in the case of Dan River Inc. (DE) on behalf of an EIF portfolio company
• Wachusett Ventures LLC, a skilled nursing operator in Massachusetts and Connecticut, through its financial distress due to macroeconomic and industry-wide economic issues impacting the skilled nursing industry
• An unsecured bond trustee in connection with $1.8 billion debt in the bankruptcy cases of Energy Future Holdings Corp. and 70 of its affiliates in the Delaware Bankruptcy Court
• Lawrence + Memorial Hospital in the acquisition of the Westerly Hospital and its various affiliates, including two physician practice companies and an energy company