Practice/Industry Group Overview
Hinckley, Allen & Snyder is a nationally recognized leader on the complexities of municipal insolvency law, Chapter 9 bankruptcy, municipal receivership, and restructuring. Nationally, our firm is among the first law firms appointed Receiver by a state government to oversee a municipal insolvency and the first law firm in Rhode Island state history to lead a municipality into a Chapter 9 filing for bankruptcy.
Hinckley Allen has received extensive media coverage focused on the work of the firm’s Municipal Restructuring Practice. Rhode Island Governor Lincoln D. Chafee appointed Partner Robert G. Flanders, Jr. as Receiver of the financially troubled City of Central Falls, R.I., in January, 2011. Since then, Hinckley Allen attorneys have handled everything from getting the city's expenses under control and restoring a positive financial footing, to managing the city's day-to-day operations, and filing the Chapter 9 bankruptcy.
Hinckley Allen’s Partner, Robert G. Flanders, Jr., formerly a Rhode Island Supreme Court justice, said, “What sets us apart is that we have actual experience compiling and leading a team through the restructuring process.”
The firm’s team combines years of first-hand experience with a full range of sophisticated financial, transactional, litigation, and regulatory services. Our experience and range of skills enables us to spot issues before they reach crisis proportions, as well as develop innovative approaches to the daunting, long-term problems that seem to defy solutions.
Experience has taught us that the issues involving municipal restructuring cut across a wide spectrum of legal disciplines and needs. Accordingly, Hinckley Allen’s team comprises of seasoned attorneys and independent consultants representing all the essential legal needs of a distressed city, town, school system or other special purpose district seeking counsel, including:
– Bankruptcy and creditors’ rights
– Tax-exempt finance
– Governance and corporate counsel
– Employee compensation, pension and benefits law
– Actuarial services
– Public-private partnership transactions
In addition, members of the group, all recipients of the Martindale-Hubbell® AV Peer Review Rating, are frequently invited to speak and write on issues relating to municipal insolvency, bankruptcy, and receivership.