Walker Eisenbraun offers broad expertise in the areas of corporate restructuring, Chapter 11 business reorganizations, creditors’ rights, and bankruptcy. And, as an adjunct to our robust M&A practice, we are experienced in acquiring businesses and assets out of bankruptcy or foreclosure, and in other distressed situations.
Our attorneys represent clients in a variety of restructuring and bankruptcy matters, including capital reorganizations, loan workouts, divestitures, pre-bankruptcy creditor discussions, out-of-court restructurings, and bankruptcy cases, as well as generally advising clients experiencing financial distress. We also assist our clients in developing strategic joint ventures or designing business combinations to help them achieve financial stability in tough economic times. We represent debtors, secured and unsecured creditors, directors and officers, strategic asset purchasers, and financial institutions.
OUR STRENGTHS INCLUDE:
• Purchasing or selling distressed businesses, divisions, or assets
• Capital reorganizations, including reverse stock splits and exchange offers
• Restructuring debt, whether public, private or commercial
• Restructuring commercial obligations with counterparties to enhance asset marketability
• Representing distressed businesses in Chapter 11 reorganizations
• Representing senior secured lenders in and out of court
• Advising on employment matters and corporate messaging in times of financial distress
• Advising directors and officers on compensation matters and fiduciary duties
• Preparing directors and officers for bankruptcy-related litigation
EXPERIENCE HIGHLIGHTS
• Represented borrower in reorganization of syndicated credit facility of distressed publicly traded hospital that entered bankruptcy
• Acted as legal counsel and sole negotiator for NYSE-listed energy company’s acquisition of substantially all assets of Nasdaq-listed energy company from Chapter 11 bankruptcy, negotiating numerous complex transactions and controversies with vendor-creditors, landowners (lease termination claims), debt holders, and joint venture partners, resulting in favorable joint bid arrangement with large independent energy company to acquire subordinated debt claims on a deeply discounted basis
• Represented Fortune 100 strategic purchaser of substantially all assets of drilling tool manufacturer auctioned in 363 sale process
• Served as General Counsel to Nasdaq-listed energy company through Chapter 11 bankruptcy
• Represented purchaser of all assets of specialty steel valve manufacturer under Chapter 11 plan
• Represented private equity group in acquiring healthcare software company assets out of foreclosure, and related equity financing
• Acted as counsel to senior management in the Chapter 11 restructure of the business and financial operations of drill bit manufacturer
• Represented senior lender group in the sale of secured claims in Chapter 11 cases of refinery operation
• Represented specialty surgical hospital in distressed asset sale to major hospital system
• Represented administrative agent in restructuring and refinancing numerous mezzanine lending facilities with distressed borrowers
• Represented special transactions committee of board of directors in approximately $7,000,000 capital reorganization of chemical manufacturing company by repurchase of major stockholder stock, commercial bank financing and new investment capitalization during stockholder dispute
