Bankruptcy/Restructuring
USA Guide 2024 : New Jersey
Band 2
Contact number
+1 973 622 4444About
Provided by McCarter & English, LLP
Our bankruptcy and commercial litigation team deploys a wide range of restructuring options and litigation strategies to help both distressed asset owners and creditors not only minimize losses but also leverage the sale or leasing of assets that could potentially lead to new opportunities.
Because of our deep bench of experience, we have encountered nearly every situation related to bankruptcy and insolvency and counseled clients from myriad industries. We are particularly noted for handling creditors’ rights; debtor or creditor committees counsel work; prosecution of claims; defense of preference claims; prepackaged bankruptcies to shorten turnaround times; business and loan restructuring; forbearance agreements,\; structured settlements; and loan sales—as well as in representing buyers in Section 363 sales of debtors’ assets.
We regularly collaborate with colleagues from our tax, real estate, environmental, energy, and corporate practices to ensure that clients get the benefit of subject matter experts in every discipline.
Chambers Review
McCarter & English LLP is a notable presence in the New Jersey market, with the capability to advise clients throughout the Northeast. The law firm has experience across the full range of bankruptcy matters, including regular work on retail and health care insolvencies, as well as distressed real estate loans. It fields a team of attorneys with experience in federal, state and appellate courts, and regularly advises on out-of-court restructurings.
Work Highlights
- McCarter & English LLP represented the Official Committee of Unsecured Creditors in BlockFi Inc, as efficiency counsel in the Chapter 11 bankruptcy of digital assets before the US Bankruptcy Court for the District of New Jersey.
Strengths
Provided by Chambers
"McCarter & English can handle matters across the country, and cover all issues related to commercial contract, equipment leasing and financing transactions."
"McCarter & English has substantial geographic coverage with experienced attorneys in each region who are always highly responsive. They have substantial depth and expertise in this area. The team here has an excellent handle on what is happening in the industry."
"McCarter & English can handle matters across the country, and cover all issues related to commercial contract, equipment leasing and financing transactions."
"McCarter & English has substantial geographic coverage with experienced attorneys in each region who are always highly responsive. They have substantial depth and expertise in this area. The team here has an excellent handle on what is happening in the industry."
Notable Practitioners
Joseph Lubertazzi has a stellar reputation in the market and is regularly sought after by lenders for representation in bankruptcy court.
"Joseph is an excellent external legal partner."
Jeffrey Testa has established a well-respected bankruptcy and restructuring practice. He litigates on behalf of debtors, trustees and creditors in the context of Chapter 7 and Chapter 11 proceedings.
"Jeffrey is a really solid guy, he is trustworthy and always has your back. He is adept at explain bankruptcy issues and is able to utilize his knowledge and experience to bring parties to settlement."
Clement Farley is noted for his ability to represent clients in bankruptcy litigation issues. His clients include both creditors and trustees. He has further experience of advising lenders on loan workouts.
Ranked Lawyers at
McCarter & English, LLP
New Jersey