We help companies protect their financial health when customers and suppliers are in financial distress or file for bankruptcy relief. Prior to bankruptcy, we advise clients on how best to position themselves to effectively respond to the financial instability of their customers and suppliers.
Following bankruptcy, our work includes providing counsel on issues such as the assumption and rejection of executory contracts, assertion and prosecution of claims, including priority status for goods delivered within 20 days prior to bankruptcy, and achievement of critical vendor status. Our work also includes avoidance actions including the efficient and effective defense of preference and fraudulent conveyance claims.