Practice Leader: Gary R. Wallace
Attorneys: View Attorneys in this PracticeHB&B's Bankruptcy & Insolvency practice consists of experienced bankruptcy and litigation attorneys with substantial experience in out of court work-outs and representation of debtors, creditors, creditor committees, equity committees, and bankruptcy trustees.
Other times, a more aggressive intervention is advisable to either save a rapidly failing business, or simply more effectively improve the financial situation of a company. Members of the Bankruptcy & Insolvency practice have experts in bankruptcy restructuring and reorganization under Chapter 11 of the Bankruptcy Code. We can do everything from the initial bankruptcy filing to obtaining court approval for a plan of reorganization. Intermediate steps in the process may include post-bankruptcy financing, rejection of unprofitable contracts and leases, sales of assets, creditor negotiations and identifying new business opportunities.
HB&B attorneys also represent individual creditors, both secured and unsecured, and creditor committees in this context. Creditors are often confronted with a default on amounts owed by a customer. We can assist individual creditors by identifying the most effective legal remedy. With our hard-hitting litigation capability, we can take the action necessary to obtain collection of overdue loans and receivables, including pre-trial remedies such as receivership and attachments, and take the cases through to foreclosure and other ultimate forms of collection.
