Bankruptcy/Restructuring
USA Guide 2024 : Alabama
Band 1
Contact number
+1 205 251 3000About
Provided by Burr & Forman LLP
When it comes to workouts and restructuring, our full-service team advises secured and unsecured creditors, loan servicers, special servicers, acquirers, and other involved parties in debt and equity restructurings. Our attorneys handle all areas of real estate loan workouts, restructurings, and foreclosures, both inside and outside of court and bankruptcy matters.
Our team is experienced in handling distressed mergers and acquisitions (M&A), whether in an out-of-court transaction, a state court receivership, Section 363 sale under the Bankruptcy Code, under a plan of reorganization, or in a prepackaged or other enforcement transaction. We work with a distressed company's management and financial advisors to craft the optimal business-focused solution.
Our team concentrates on the acquisition, disposition, restructuring, and development of troubled properties. We sometimes install receivers to manage those properties. Additionally, our strength in banking allows us to provide financial institutions with counsel in connection with debtor in possession (DIP) financings and exit financings related to distressed M&A. We develop, negotiate, and execute reorganization strategies for all types of matters found in the asset resolution section of banks.
Chambers Review
Burr & Forman has an outstanding bankruptcy and creditors' rights law group in Alabama, with experience assisting distressed companies in the coal and mining, manufacturing, retail and automotive industries. The team represents a number of nationally significant financial institutions and investment funds in an array of contentious and noncontentious bankruptcy and restructuring matters as well as Chapter 11 claims. The firm has extensive strength in depth and a team of expert bankruptcy attorneys across Alabama and throughout the Southeast.
Strengths
Provided by Chambers
"It is a great regional counsel for us in the Southeast; it is the best in the local area in terms of quality, responsiveness and great experience."
"Each attorney I have worked with at the firm has been both intelligent and very experienced."
"It is a great regional counsel for us in the Southeast; it is the best in the local area in terms of quality, responsiveness and great experience."
"Each attorney I have worked with at the firm has been both intelligent and very experienced."
Notable Practitioners
Derek Meek frequently represents both debtors and creditors in bankruptcy matters. He has a strong track record of advising high-profile international corporates.
"Derek is an excellent lawyer."
Michael Hall is a leading figure in the market who is widely recognized for his work in commercial bankruptcy and litigation, which includes Chapter 7 and Chapter 11 proceedings.
"Michael is as good as they get in the bankruptcy field."
Joe Joseph is respected for his adroit representation of creditors in bankruptcy and restructuring matters. He also acts for equipment lessors on recovery actions.
Marc Solomon represents a wide range of clients, including secured and unsecured creditors and debtors in contentious restructuring matters and Chapter 11 filings.
Heather Jamison advises banks, landlords and businesses in matters relating to Chapter 11 bankruptcies and property-related mandates.
Ranked Lawyers at
Burr & Forman LLP
Alabama
Members
Provided by Burr & Forman LLP