Our Practice: Bankruptcy and Insolvency Law
Bankruptcy and Insolvency Solutions: Our Approach
Advising on Bankruptcy Alternatives
The attorneys at Adelman & Gettleman understand that bankruptcy is not always warranted or feasible. As such, where appropriate, they advise their clients on alternative means of remedying their financial difficulties, selecting from a multitude of options such as workouts, assignments for the benefit of creditors, a viable forbearance arrangement, or other manner of consensual resolution. At the same time, the attorneys are keenly aware of the need to advise their clients on how to comply with applicable fiduciary duties to insure that, in the midst of contending with myriad financial difficulties, their problems are not exacerbated by the risk of personal exposure.
Meeting Client Needs
The leaders of the Firm have instilled a defining philosophy built on collaboration and consensus, with active and productive byplay in all matters. In this way, the Firm’s clients are assured of obtaining optimal advice built on cohesion and refined colloquy. Indeed, our adversaries typically welcome our involvement because we bring credibility, know-how, and a reputation for getting difficult jobs done.
With this grounding, the attorneys dedicate their efforts to: (i) identifying problems before they arise; (ii) structuring potential resolutions which incorporate a long range outlook that will resonate far into the future and have lasting permanence; (iii) establishing a positive relationship with opposing counsel early on with an eye towards consensually resolving underlying disputes; and (iv) regularly reevaluating goals and strategies to ensure the best possible results. More often than not, the Firm serves as the quarterback, working extensively with its clients and other professionals to achieve the ultimate objectives.
Effectively Managing Complex Cases
The members of the Firm thrive on dealing with challenging, novel legal issues that require hard work and a nuanced, detail-oriented approach. Whether evaluating the merits of a complex corporate structure or briefing an issue of first impression, its members take the necessary steps to properly address the relevant legal and financial concerns defining the nature and breadth of the particular engagement.
Bankruptcy and Insolvency Solutions: What We Do
The Firm’s attorneys take a holistic approach to representing clients and routinely handle the following types of matters.
- Identifying when, and when not, to commence a bankruptcy case
- Cram-down litigation
- Proceedings involving leases and executory contracts
- Cash collateral stipulations
- Debtor-in-possession financing
- Asset sales
- Valuation proceedings
- Preference and automatic stay litigation
- Bankruptcy appeals
- Navigating the rights of secured creditors
- Handling single asset real estate partnership cases
- Providing corporate restructuring advice
Business and Commercial Litigation
- Defending guaranty demands and litigation
- Defending foreclosure litigation
- Business divorces
- Serving as court-appointed receivers and independent persons
Corporate and Transactional Law
- Corporate governance disputes
- Contract negotiations
- Mergers & acquisitions
- Commercial and real estate lending