Creditors’ Rights and Debtor-in-Possession (DIP) Lending in Chapter 11 Reorganizations and Chapter 7 Liquidations
The Firm’s attorneys have more than 20 years’ experience representing creditors, creditors’ committees, bondholders and bondholders’ committees, as well as secured lenders in debtor-in-possession (DIP) financing in high-profile bankruptcy proceedings. Creditors look to the Firm’s attorneys to counsel them through all aspects of the bankruptcy process, from selecting the appropriate legal strategy to formulating and supporting or opposing a plan of reorganization or orderly liquidation. The Firm’s attorneys have represented significant creditors’ interests, including committees of secured and unsecured creditors and DIP lenders, in notable cases such as Public Service of New Hampshire, Continental Airlines, Trump Taj Mahal Associates, Bally’s Grand, Caldor, Inc., Mutual Benefit Overseas, Emerson Radio Corp., Einstein/Noah Bagel Corp., Washington Group, Inc., LJM2 Co-Investment, LP, Neumann Distributors, Foxmeyer Corp., Integrated Health Services, Inc., Harvard Industries, Congoleum Corporation, and New Jersey-based New Century Transportation, Inc. (one of the nation’s largest truckload service providers).
