Bankruptcy should be a last resort. Our attorneys help troubled companies find solutions before it comes to that.
Avoiding business bankruptcy is one of the Bankruptcy Practice Group’s primary goals. Filing a Chapter 11 petition is easy—confirming a plan of reorganization is complex and time consuming. A company should have a reasonable expectation that it can emerge through a confirmed plan before entering the process. CM Law’s partner-level attorneys provide early-stage insolvency counseling so that clients have time to pursue consensual workouts and avoid the cost and disruption of formal proceedings.
A large percentage of the firm’s bankruptcy work involves non-bankruptcy workouts—in other words, no bankruptcy case is filed. Our attorneys always work to resolve matters consensually with creditors, because early engagement is critical. If a company waits too long to obtain insolvency counsel, options narrow significantly.
Our Bankruptcy Practice Group works collaboratively with CM Law’s corporate, lending, tax, and real estate teams to provide a full package of insolvency-related advice—from avoiding fraudulent conveyance or preference liability in pending transactions, to perfecting security interests, to anticipating the consequences of financial distress in real estate and commercial deals.

