INSOLVENCY AND DEBTOR-CREDITOR

INSOLVENCY AND DEBTOR-CREDITOR

WSC counsels on the full scope of insolvency and debtor-creditor relationships. We specialize in debt restructuring, “Chapter-11” type reorganizations and bankruptcy. We have expertise in complex, multi-jurisdictional insolvency proceedings involving competing creditor claims from diverse groups. We have acted as counsel in inter-creditor disputes and in pursuit of non-dischargeable claims against debtors. Our experience extends to representing debtors-in-possession and the directors and shareholders of debtors.

We have negotiated reorganization plans in formal proceedings and in private arrangements between creditors and debtors. These plans often account for secured or preferred claims, including claims for taxes and wages.

We offer further expertise in specific insolvency issues, including enforcement of security interests, acquisition of assets from bankruptcy estates, and investigation and litigation of claims for and against corporate debtors and their directors. Practitioners work closely with attorneys from other practice areas, including corporate, employment, tax, and regulatory to craft comprehensive solutions.