Workouts & Bankruptcy

Dressler | Peters’ corporate reorganization and bankruptcy practice has earned a nationwide reputation for financial workouts, receiverships and bankruptcies on behalf of creditors large and small across the nation. The hallmark of our practice is to combine our business perspective and legal expertise to achieve cost-effective results. The major areas of our corporate reorganization and bankruptcy practice involve representing:

  • Secured creditors
  • Equipment lessors
  • Chapter 11 debtors/debtors-in-possession
  • Real estate lessors and landlords
  • Unsecured creditors
  • Insurance companies
  • Chapter 7 and Chapter 11 trustees

Out-of-Court Restructuring – Workouts

Dressler | Peters represents clients in out-of-court debt restructuring matters. We have the experience to identify problems early and negotiate timely, cost-effective solutions. We are experienced in:

  • Reviewing client contract documents and determining whether the client is properly perfected, and identifying any potential defects in collateral position.
  • Providing strategies that clients use to mitigate losses from troubled loans, and minimize and eliminate lender-liability issues.
  • Evaluating possible restructuring proposals and developing alternative financing proposals.
  • Assessing clients’ options in potential bankruptcy proceedings and working to minimize potential preference, avoidance actions and lender-liability issues.
  • Drafting settlement and restructuring agreements.

State Law Insolvencies and Receiverships

Dressler | Peters attorneys represent clients in state law receiverships, often in conjunction with state/federal court litigation or bankruptcy proceedings. The laws governing receiverships vary from those governing bankruptcy cases. Dressler | Peters attorneys have the experience to navigate the various laws related to state court receiverships and assignments for the benefit of creditors, and to achieve cost-effective solutions for clients.