Areas of practice

ЯPR
Jerome Reisman Partner

Financial Services

  • Bankruptcy & Creditors’ Rights
  • Bank Documentation
  • Equipment Leasing

Our Bankruptcy and Creditors’ Rights group is frequently involved in bankruptcy and work-out matters representing secured and unsecured creditors and debtors. We are uniquely positioned to guide clients through troubled, financially distressed situations and the collateral issues which arise in such a challenging and evolving environment. We work closely with our other attorneys to provide a true interdisciplinary approach to our clients’ various financial problems and to develop innovative solutions. Our goal is to work creatively with those involved to reach a consensual agreement that benefits all parties and avoids the expense and time of a bankruptcy filing.

We represent debtors, creditors, official committees, trustees, company principals and parties acquiring distressed assets from bankruptcy estates. We have successfully completed numerous Chapter 11 reorganization proceedings and assignments for the benefit of creditors. Our attorneys litigate diverse debtor and creditor matters in the Federal bankruptcy and state courts including preference, fraudulent conveyance and lien avoidance actions.

On behalf of our secured creditors, we work diligently to ensure that our clients and their collateral are fully protected. Recognizing that time is of the essence in such situations, we have successfully obtained countless replevin orders on extremely short notice, which authorize the collateral to be reclaimed by a sheriff on behalf of the secured creditor. We have also successfully vacated automatic stays in bankruptcy court to allow our clients to continue with their state court actions and reclaim their collateral. With our valuation experts, we ensure that the collateral is properly valued and that payments are made for the use of our client’s collateral.

Our team has a wealth of experience in representing diverse and well-known bankers, lenders, factors, financial institutions, and equipment lessors in their Bank Documentation and Equipment Leasing Matters. Our stellar reputation in the lending community stems from our scrupulous attention to detail to ensure that our clients are fully protected in all respects.