Our lawyers have managed legal matters involving debtor and creditor relationships across the nation.  Many of our clients, including a variety of corporations and financial institutions, come to us because of our ability to provide coordinated legal advice that cuts across numerous legal areas.  The depth of our practice is reflected in the range of practice areas in which we excel, including our Creditors Rights' and Bankruptcy practice.

We represent clients on both sides of the debtor/creditor equation and provide innovative thinking and practical strategies to help resolve complicated issues.  From single asset workouts to litigation to complex business reorganizations, members of the firm deliver unparalleled knowledge, experience and responsiveness in a cost-effective manner. 

Our lawyers have extensive experience in dealing with the broad spectrum of legal issues that arise out of troubled loan situations and have participated in the workout, renegotiation and restructure of well over $2 billion dollars worth of problem loan transactions, the majority of which were secured by real estate.  We are accomplished in providing counsel and representation to financial institutions, loan servicers and non-traditional lenders and investors with respect to the following:

Development of workout and exit strategies based upon the analysis and evaluation of loan documentation, loan collateral, borrower and guarantor cash flows, available remedies, prospects for recovery and post-foreclosure liability exposure.

Loan renegotiations and restructuring and the documentation associated therewith.

Pre-foreclosure loan and statutory notification compliance.  Real property foreclosure and the negotiation and documentation of deeds-in-lieu of foreclosure.

Foreclosures under the Uniform Commercial Code with respect to partnership interests, corporate stock, promissory notes and similar interests.

Repossession and foreclosure under collateral-specific federal and state statutes (from vessels encumbered by first preferred ship mortgages and yachts titled with the Texas Parks and Wildlife Department to the public sale of thirty two 18-wheel tractor trailers).

Acquisition and disposition of performing and non-performing loans and loan portfolios.

Acquisition and disposition of distressed REO assets.

Pre-disposition adaptive re-use of distressed REO assets.

Post-foreclosure, pre-disposition representation with respect to the management, leasing and operation of REO assets.

The firm also frequently represents lenders in collection litigation and post-judgment enforcement, including drafting and negotiating forbearance and tolling agreements and drafting and filing lawsuits, answers and motions for summary judgment.

In advising financially distressed clients, we examine a full array of legal strategies to assist them in making the sound business decisions necessary to preserve and protect the value of their assets and businesses.  This representation includes workouts and out-of-court restructurings, as well as bankruptcy cases filed under Chapters 11 and 7 of the Bankruptcy Code, and entails negotiating with creditors and equity groups, structuring debtor-in-possession financing, negotiating and drafting plans of reorganization and disclosure statements and handling the legal and business issues associated with the sale of assets or lines of business.