Bankruptcy/Restructuring
USA Guide 2024 : Ohio
Band 2
Contact number
+1 513 381 2838About
Provided by Taft
Attorneys in Taft's Bankruptcy and Restructuring practice represent clients in virtually every aspect of complex litigation and transactions involving financially distressed businesses, including the acquisition and sale of assets and claims; the prosecution and defense of preference and fraudulent conveyance claims; the formation and implementation of credit policies and procedures; the structuring of loans and other financing arrangements involving debtor-in-possession financing, letters of credit, leasing and floor-planning; and the negotiation and formulation of out-of-court restructuring arrangements and chapter 11 reorganization plans. Our experience also includes lien protection and asset recovery, pre-bankruptcy workouts, Uniform Commercial Code matters and asset protection.
Our attorneys have extensive experience in the automotive, steel, telecommunications, basic manufacturing, retail and wholesale goods, and distressed debt trading industries. We frequently lecture at local seminars in our markets and at national programs for audiences that include attorneys, commercial lenders, accountants, industry trade groups and bar associations.
The practice consists of experienced partners and associates spread among the firm's Chicago, Cincinnati, Cleveland, Indianapolis, and Minneapolis offices.
Chambers Review
Taft is recognized for its representation of creditors and debtors in matters including asset recovery, fraudulent conveyance claims and bankruptcy litigation. The firm has particular strength in handling the real estate aspects of bankruptcy, with notable experience in the manufacturing and automotive sectors, among others.
Work Highlights
- Taft acted as national counsel for Gannett Co as a critical vendor in The McClatchy Company's Chapter 11 proceedings.
Strengths
Provided by Chambers
"The team has a wide variety of lawyers whose collective experience covers the full spectrum of legal skills."
"The team at Taft is incredibly responsive, substantively talented, client-centric and able to balance risk against business needs."
"The team has a wide variety of lawyers whose collective experience covers the full spectrum of legal skills."
"The team at Taft is incredibly responsive, substantively talented, client-centric and able to balance risk against business needs."
Notable Practitioners
Timothy Hurley is frequently called upon for his wealth of experience advising all parties involved in high-stakes bankruptcy and restructuring matters, across both litigation and transactional work.
"Timothy is always prompt and knowledgeable about the issues we face."
"Timothy has a strong knowledge of the field and educates clients in many ways about the limits and strengths of these laws."
Timothy Miller's practice sees him regularly advise on distressed transactional matters, recovery issues and business restructuring.
"He is a bankruptcy expert with a good understanding on what clients need."
Bruce Lowe draws from almost four decades of experience to counsel clients facing high-stakes insolvency litigation, workouts and wider Chapter 11 proceedings. He also counsels on bankruptcy-related real estate issues on behalf of both landlords and tenants.
Ranked Lawyers at
Taft
Ohio