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Bankruptcy, Reorganization and Creditors' Rights
The Bankruptcy, Reorganization and Creditors' Rights Group at Connell Foley LLP provides sophisticated guidance for all bankruptcy and pre-bankruptcy workouts.
Our team focuses on out-of-court workouts and Chapter 11, 7, and 13 bankruptcy proceedings. Our primary practice emphasis is on the representation of banks and other major secured and unsecured creditors and equity holders. We also serve as counsel to purchasers of assets from entities in reorganization or liquidation, to debtors-in-possession, and to bankruptcy trustees in Chapter 11 reorganization and Chapter 7 liquidation proceedings.
We are experts in the negotiation and implementation of consensual plans of reorganization, stay relief applications and cash collateral orders. We regularly represent clients in bankruptcy litigation, including contested plans of reorganization; valuation hearings; the prosecution and defense of preference and fraudulent transfer actions; and assumption and/or rejection of executory contracts and leases.
We represent borrowers in commercial foreclosures including preparation and filing of complaints, applications for rent receivers, defense of lender liability claims, and other affirmative defenses to foreclosure.
Contact: Stephen V. Falanga
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