Practice/Industry Group Overview
Cohen Seglias’ Bankruptcy and Restructuring Group provides a wide range of services to financially-distressed individuals and companies in out-of–court workouts, insolvency proceedings and in the bankruptcy court. We regularly represent Chapter 11 and Chapter 7 debtors, their principals and employees, banks and other traditional and non-traditional secured lenders, creditors’ committees, priority unsecured and general unsecured creditors, landlords, property management companies, mechanic’s lienholders and financial and strategic asset purchasers in and out of bankruptcy court. Our attorneys also regularly represent various parties in bankruptcy litigation, including hundreds of defendants in preference, fraudulent transfer and other avoidance actions.
Our Bankruptcy and Restructuring Group is comprised of experienced bankruptcy attorneys and bankruptcy litigators, who are well known and regularly appear before the bankruptcy courts in Delaware, New Jersey, Pennsylvania, the Eastern and Southern Districts of New York. We have represented businesses in, among other industries, biotech, construction, health care, hospitality and leisure, meat-packing, manufacturing, pharmaceuticals, plastics, real estate, retail, telecommunications and trucking industries.
We use a team-approach to fully represent our debtor clients and maximize recoveries. Our approach is always to resolve problems in the shortest time and to minimize expense. Many times a distressed business client can be better served and restructured with creative representation resulting in a consensual transaction or through a forbearance agreement. If a consensual resolution is not possible, our bankruptcy attorneys will aggressively represent our clients in bankruptcy proceedings.