Bankruptcy Avoidance & Insolvency Counseling
Bankruptcy, Distressed Debt, & Restructuring

Bankruptcy Avoidance & Insolvency Counseling

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.

Richard G. Grant

Richard G. Grant

Partner & Bankruptcy Practice Chair