Bankruptcy/Restructuring

About

Provided by Wernick Law, PLLC

At Wernick Law, we specialize primarily in Chapter 11 debtor representation. Our motto of "Restructure - Reorganize - Protect" is the guiding principle in our practice. Our focus is on businesses who have strong sales and have operations worth saving, but have certain isolated problems or issues that a restructuring can fix by establishing a wall of protection around the business while the Chapter 11 process takes shape. During the Chapter 11 proceeding, debts can be reduced or reorganized, litigation can be resolved, and other pressing matters that are weighing down the business can be attended to.

Our 3 attorneys have over 60 years of combined experienced in bankruptcy practice. Our team of paralegals all have decades of working in the bankruptcy field. At Wernick Law, we have the capability, efficiency, and know-how to handle all types and sizes of bankruptcy matters.

Founding member Aaron Wernick, Esq. has confirmed over 95% of his Chapter 11 cases, greatly exceeding the 26% national average.

Just recently, Wernick Law confirmed a large Chapter 11 case, representing a company with approx. $100M per year in gross revenue and saddled with over $40M in debt. The company was able to emerge with a substantial reduction in debt as well as with a feasible payment plan for the remaining claim amounts, all while the equity ownership of the business remained unchanged.