Focus

Levenfeld Pearlstein's Restructuring & Insolvency Service Group helps its clients through difficult situations by combining sophisticated business advisory skills with creative and practical legal counsel. The group has significant experience representing distressed companies and their various constituents, including committees, trustees, creditors, asset purchasers, third party plan proponents, and post-confirmation trusts. The group's experience includes advising boards with respect to their fiduciary duties, representing private equity and hedge funds in distressed M&A transactions, and representing parties in virtually all facets of out-of-court workouts and bankruptcy proceedings. It also maintains a broad range of relationships with both traditional and non-traditional financing sources for multi-level debt structuring and real estate financing. Ultimately, in consultation with its clients, Levenfeld Pearlstein aggressively pursues a favorable result.

Overview

Levenfeld Pearlstein’s Restructuring & Insolvency Service Group has deep experience in all facets of assignments, bankruptcy, crisis management, out-of-court workouts, and receiverships. Our practice is national and international in scope; our attorneys have led engagements across the United States and internationally.

Debtors: We regularly help distressed businesses manage their problems. We do this by negotiating favorable deals where possible and by litigating when necessary. While litigation is rarely our first choice based on expense, we are well equipped to fight when it is appropriate. We have successfully litigated virtually every issue that arises in bankruptcy, including: contested cash collateral and adequate protection disputes; post-petition financing contests; automatic stay disputes; and contested confirmation hearings.

Purchasers: One of our core strengths is representing sophisticated purchasers, including private equity and hedge funds in acquisitions of distressed businesses. We work closely with our Hedge Fund, Real Estate, and Private Equity groups to ensure that deals are completed efficiently and all compliance issues are handled correctly.

Creditors: Our creditor representations are numerous and varied-

• Financial Institutions: we have a long history of protecting the interests banks when their loans go into default
• Commercial landlords: we work with many landlords when their tenants breach their leases.
• Trade Creditors: we represent trade creditors in a myriad of matters related to the extension of credit and collection of monies owed.

We also regularly defend creditors against preference and fraudulent conveyance actions.

Committees: Our attorneys have represented official and unofficial committees of creditors and equity holders in Chapter 11 cases across the United States.

Assignees, Receivers, Liquidating Trusts, and Bankruptcy Trustees: We have significant experience representing each of these. Our attorneys are frequent lecturers and authors in cutting-edge issues and are prominent members of various industry organizations.