Bankruptcy/Restructuring

About

Provided by Porter Wright Morris & Arthur LLP

Bankruptcy, Workout & Creditors' Rights

Fluctuating economies and changing markets — both nationally and globally — present shifting challenges for creditors and debtors. Lenders face the prospect of loan defaults, loan restructures, bankruptcy filings, loan and collateral recovery strategies, and litigation to protect their interests. Borrowers face difficult choices about ongoing operations, loan workouts, relationships with trade creditors and customers, and reorganization or liquidation. Businesses and suppliers are concerned about what will happen if a valued customer or critical vendor files bankruptcy or discontinues operations.

Representing creditors and debtors, Porter Wright attorneys have the experience to identify and implement prompt, sound strategies to protect clients’ interests. We develop and execute legal solutions that maximize going concern and collateral value, business reorganization prospects and creditor recoveries based on each client’s objectives and circumstances.