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Accomplishments of Dressler | Peters

  • Represented the Senior Lender in the Turnaround Management Association’s 2013 Small Company Turnaround of the Year. Dressler | Peters forced an aircraft ambulance company into Chapter 11, worked on restructuring the company, including the 363 sale of aircraft, followed by receipt of a seven figure lump sum payment to the Senior Lender. Dressler | Peters re-wrote the debt due to the Senior Lender (with de minimus cram down).
  • Obtained seven figure verdict after trial in an aircraft loan deficiency case in the United States District Court, Southern District of Texas. Awarded 18% prejudgment interest.
  • Obtained Chapter 11 Plan payments for the entire amount of a seven figure unsecured trade debt due to an industrial client in the United States Bankruptcy Court, District of Arizona.
  • Obtained insurance coverage by winning a declaratory judgment action under an aviation insurance policy in the United States District Court, District of Idaho.
  • Solidified the case law on the right of a secured lender to pursue cumulative and simultaneous remedies; specifically, foreclosing on collateral (an aircraft) and simultaneously obtaining a deficiency judgment for the full amount due and owing in the United States District Court, Eastern District of Michigan.
  • Provided guidance on a $300,000,000.00 letter of credit.
  • Obtained court order to foreclose on a judgment lien on a residence in Florida, despite Florida Homestead Laws.
  • Represented a steel company in the acquisition of the assets of a tubing company.
  • Obtained settlement monies from debtor who had moved substantial sums to the Cook Islands.
  • Won in the United States Court of Appeals for the Seventh Circuit on claim preclusion issue arising out of state court mortgage foreclosure judgments in a real estate fraud case.
  • Protected creditor’s interests in bankruptcy cases in numerous bankruptcy courts across the country.
  • Recovered aircraft, trucks, cranes, excavators, bulldozers, fork lifts, machine tools, printing presses, medical equipment, containers, injection molding machines, and other collateral properties in more than thirty states.