Creditors’ Rights & Insolvency

The firm represents a diverse range of creditors in insolvency matters such as:

  • Loan workouts
  • Restructurings
  • Foreclosures and deeds in lieu of foreclosure
  • Liquidations
  • Bankruptcy
  • Corporate dissolutions
  • Receiverships

Representative matters include:

Representation of a municipality and local non-profit in several dozen related tax lien foreclosures for purposes of assembling land for a future redevelopment

  • Representation of a credit facility guarantor in a bankruptcy proceeding involving enforcement of subrogation rights which yielded guarantor in excess of $5 million
  • Representation of a court appointed receiver of a $3 million residential home construction company with $3.8 million in debt in a state insolvency proceeding involving six lawsuits, completion of corporation’s key contract, liquidation of corporation, settlement of claims, and distribution of liquidation proceeds
  • Representation of the resident owners of a not-for-profit life care facility in connection with State of Connecticut receivership
    proceedings which resulted in full protection of residency rights and millions of dollars in deposits
  • Representation of a communications company in forbearance agreement with its secured lender in connection with corporate
    dissolution which allowed the company to liquidate efficiently resulting in a reduction of deficiency claims
    against the corporation’s guarantors