Tal Sant is a member of the Business Services and Financial Services practice groups. He provides strategic advice to creditors, creditors committees, debtors and acquirers of assets both in and outside of bankruptcy proceedings.
In addition to his broad experience with complex Chapter 11 cases, Tal is also skilled in informal workouts, out-of-court debt restructurings, distressed asset sales and related litigation.
As creditor counsel, Tal works to maximize returns on troubled loans. This includes obtaining relief from stay and/or expeditious sales of collateral and/or compensation for use of collateral. Within bankruptcy cases, he negotiates post-petition financing and use of cash collateral and favorable treatment of claims. Outside of bankruptcy, Tal assists in the restructuring of complex loan facilities, forbearance agreements Uniform Commercial Code secured party sales and foreclosures.
In his representation of trade creditors, Tal gives advice on the structuring of sales on credit to minimize exposure caused by counterparties’ insolvencies. In the event of a counterparty bankruptcy filing, he prosecutes constructive trust claims and 503(b)(9) priority and reclamation claims, defends preference and fraudulent transfer causes of action, negotiates favorable treatment of creditors’ claims in Chapter 11 plans and prosecutes motions to replace existing management through appointment of a trustee or responsible person.
Tal has represented companies and creditors committees in Chapter 11 reorganizations and all related aspects, including negotiation and litigation concerning use of cash collateral and post-petition financing; and formulation, negotiation and confirmation of Chapter 11 Plans.
He also represents early stage companies with corporate structure and finance as well as business services issues.