Financial Restructuring and Insolvency Practice

For decades, businesses throughout the U.S. and internationally have turned to Troutman Pepper’s Financial Restructuring and Insolvency attorneys for critical advice and legal counseling surrounding restructurings, insolvencies, reorganizations and other challenging events. Our practice includes an integrated network of more than 50 attorneys – with deep benches in Atlanta, New York and Wilmington, among numerous other office locations – that provides critical advice and counseling to a broad range of clients in insolvency situations, offering tools to resolve crises or prevent them from arising. Our team is national and international in focus and our attorneys appear regularly in bankruptcy courts throughout the U.S. Our team brings experience in virtually every major sector of the market, including representing foreign representatives in securing recognition of foreign insolvency proceedings under Chapter 15 of the U.S. Bankruptcy Code.

Related Practice Strengths

Today’s complex financial crises require more than experience with bankruptcy law. Tax, real estate, corporate, employment and benefits, banking, construction, insurance, environmental, products liability, intellectual property and other areas of the law can play a critical role in realizing the greatest financial return in a given case. With 1100+ attorneys throughout 23 U.S. cities, we have the depth and strength to handle any matter, regardless of its complexity or location.

Areas of Focus

Debtors and Foreign Representatives
Representing financially troubled businesses and foreign representatives in complex proceedings under Chapter 11 or Chapter 15 of the Bankruptcy Code.

Creditors’ Committees
Representing official and ad hoc committees and creditors in reorganization proceedings under Chapter 11 of the Bankruptcy Code.

Secured Lenders
Representing financial institutions in Chapter 11 cases.

Out-of-Court Workouts and Restructuring
Acting as counsel to lenders and borrowers in financial situations that require debt restructuring, debt consolidation or alternative financing arrangements.

Asset Sales
Assisting clients in the acquisition of assets from insolvent enterprises or bankruptcy trustees.

Litigation
Representing parties in “bet the company” fraudulent transfer and insolvency-related litigation.

Trustees/Fiduciaries/Receiverships/ABCs
Acting in all aspects of the representation of Chapter 11 and Chapter 7 trustees, indenture trustees, “SIPC” trustees, state and federal court receivers, and assignees for the benefit of creditors.

Unsecured Creditors
Providing counsel to trade creditors in connection with insolvency matters.

Insurance Rights
Providing counsel to insurers and corporate clients with respect to insurance rights in insolvency proceedings.

Robert S. Hertzberg                                                 David M. Fournier
(Former INSOL President)                                              Hercules Plaza, Suite 5100
4000 Town Center Suite 1800                                      1313 Market Street
Southfield MI                                                                      Wilmington, DE
48075-1505                                                                        19899-1709
248.359.7333                                                                     302 777 6565
                                                                                                [email protected]
The New York Times Building, 37th Floor
620 Eighth Avenue New York, NY
10018-1405
212.808.2704
[email protected]