Companies experiencing financial distress often face uncertainties that can make it difficult to plan for the future, expand, or perhaps even survive. Lenders, and other secured creditors extending credit to these entities, have rights and expectations that can be severely impacted without swift action.
Lawyers in Armstrong Teasdale’s Restructuring, Insolvency and Bankruptcy practice have appeared and practiced in virtually every federal jurisdiction in the U.S. as well as the U.K., and have been chosen to represent debtors, creditors and creditors’ committees in some of the largest and most complex bankruptcies and restructurings. Our team has experience working on a wide range of domestic and cross-border matters including advisory, transactional and contentious work with a particular focus on the automotive, food, manufacturing, financial services, real estate, oil and gas, and retail and leisure sectors.
Our lawyers represent lenders and other secured creditors, unsecured creditors’ committees, ad hoc committees, boards of directors, insolvency/bankruptcy practitioners (receivers, trustees, administrators and liquidators) and corporate debtors in bankruptcy/insolvency proceedings and reorganizations. Our counsel have represented foreign representatives in U.S. Courts under Chapter 15 and in the U.K. under the Cross Border Insolvency Regulations and other prevailing legislation. We are also extremely accomplished in non-bankruptcy business workouts, financial restructuring and pre-bankruptcy planning. Our experience in these areas allows us to provide the most efficient and cost-effective service to creditor clients faced with significant decline or delayed non-payment of unsecured or secured debt. Our practice also encompasses credit enforcement work, and our lawyers have broad experience in enforcing and protecting creditors’ rights multiple jurisdictions and in cross border asset recovery.
We also provide the same top-level assistance to publicly or privately held corporate debtor clients, as well as entities seeking to acquire assets from entities faced with mounting debt, demands from trade creditors, secured creditors or bondholders and the possibility of a forced liquidation or declaration of default under a bond obligation.
We believe clients are best served by a team concept, which employs the most efficient and cost-effective legal talent to particular situations and issues. For example, members of the team work with lawyers in other practice areas ranging from real estate, M&A, financial services, tax and corporate law to environmental law and litigation. This ensures accurate, creative and value-driven results.