Bankruptcy/Restructuring
USA Guide 2024 : Tennessee
Band 2
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 enjoys a formidable reputation in the South and Southeast regions. The group's practice focuses on advisory work and bankruptcy litigation, with special emphasis on complex Chapter 11 cases and commercial bankruptcy proceedings. The firm assists banking and insurance clients, among others.
Strengths
Provided by Chambers
"Burr & Forman has shown strong competencies handling a variety of complex bankruptcy matters. I have been pleased with the thoughtfulness and responsiveness of the bankruptcy and general litigation matters handled."
"Burr & Forman have done an excellent job."
"Burr & Forman has shown strong competencies handling a variety of complex bankruptcy matters. I have been pleased with the thoughtfulness and responsiveness of the bankruptcy and general litigation matters handled."
"Burr & Forman have done an excellent job."
Notable Practitioners
David Houston is well regarded in the market, acting for secured creditors and other lenders. He represents clients in receiverships, bankruptcies and out-of-court restructurings.
"He is great at getting to consensual resolutions when there are difficult, complex issues to work through."
"He is very good in the courtroom."