PRACTICE

Bankruptcy, Financial Restructuring, and Reorganization

Overview

Pierson Ferdinand’s approach to financial restructuring and business bankruptcy is founded on four core principles:

  1. Strive to maximize recoveries for our clients while minimizing the time and costs associated with the restructuring process.

  2. Leverage our experience and expertise to build consensus and achieve negotiated outcomes whenever possible.

  3. Harness the full breadth of Pierson Ferdinand’s partner resources, including litigation, intellectual property, employment law, and general corporate law, to provide comprehensive support.

  4. Remain focused on delivering exceptional client service and satisfaction. Our experience extends across various industries, including real estate, manufacturing, heavy equipment, construction, media and entertainment, and broker-dealer/finance.

  • Full Spectrum of Business Transactions

    Like traditional large law firms, we regularly assist clients in the full spectrum of business transactions and related company matters, a large portion of which involves mergers and acquisitions, capital markets, banking and credit, employment, regulatory, corporate governance and board advisory, intellectual property, and financial restructuring and reorganization, among others.

  • Leveraging Technology

    Our Corporate team leverages cutting edge technology in all aspects of practice and our diverse all-partner teams focus on what matters most to our clients and stakeholders, delivering outcomes through shared values of strength, diversity, and collaboration.

  • Forging Close Partnerships

    We believe in forging close partnerships with our clients to better understand their business operations, enabling us to provide more effective counsel and to deliver exceptional value during pivotal moments that often shape profoundly the trajectory and success of our clients’ businesses.

  • Effective Low-Leverage Platform

    Our unique low-leverage platform is not only more cost-effective, it allows us to focus on fewer, targeted engagements than our peers at traditional, elite law firms. This model allows us to get closer to our clients and to know their businesses, preferences, and cadence, and to ultimately meet our clients where they are.

Capabilities

With our current emphasis on creditors’ rights, our Team of bankruptcy and restructuring partners have been actively involved in numerous national and complex insolvency-related cases. Our clientele includes entities engaged in asset sales, companies seeking out-of-court debt restructuring, creditors’ committees, debtor-in-possession lenders, secured creditors, and unsecured creditors spanning various industries, including real estate, finance, equipment leasing, and manufacturing. Our extensive experience in bankruptcy practice, vast network of relationships, and esteemed reputation within the bankruptcy bar enhance our ability to achieve favorable resolutions with minimal litigation.

Our past representations encompass a wide array of cases, including, but not limited to:  advocating for debtors in large, complex bankruptcy cases involving multiple debtors, creditors’ committees, secured creditors, and subordinated debt constituencies; collaborating with financial advisors to assess the strengths and weaknesses of a debtor’s business model, negotiating asset sales, marshalling estate assets, and addressing various claims and issues, such as lender liability claims, fraudulent conveyance claims, and the development and confirmation of reorganization plans; serving as legal counsel for secured lenders in out-of-court restructurings and Chapter 11 cases, guiding lenders through debtor-in-possession financing, securing super-priority status, seeking relief from the automatic stay, evaluating financing transactions, and defending against objections to secured lender claims; representing landlords and contract vendors as they navigate the process of debtors deciding to assume or reject leases and contracts, ensuring maximum allowable recovery and pursuing claims arising from such decisions; facilitating the purchase of assets and businesses from bankruptcy estates, including negotiations with debtors and committee constituencies and obtaining court approvals; assisting unsecured creditors’ committees in their role as watchdogs, overseeing debtor actions and contributing to the negotiation and confirmation of reorganization plans.