Bankruptcy and Reorganization
Now more than ever, corporations are faced with financial restructuring issues and need swift and experienced counsel to help resolve complicated matters.
When facing financial distress, companies must act swiftly to avoid assuming additional debt. Phelps’ team can help explore your options, with bankruptcy as a last resort.
Steadfast Counsel for Bankruptcy and Reorganization
Phelps’ Bankruptcy practice holds decades of experience in representing clients in all aspects of restructuring and insolvency. Our team can guide you through seeking non-bankruptcy alternatives to reduce debt through other avenues, securing new sources of capital or negotiating and preparing for chapter 11, 7 and 13. We can protect interests through solutions that create and preserve value, from first-day pleading to plans of reorganization or litigation, if necessary.
We have provided counsel for clients in the oil and gas, retail, banking, landlord, telecommunications, healthcare and construction industries. For the largest fraudulent conveyance action ever filed in the State of Louisiana, we helped numerous corporate and individual clients pursue more than $100 million in claims.
Services
- Consolidations
- Forbearance agreements and loan document amendments
- Chapter 11, Chapter 7 and Chapter 13 preparation and litigation
- Collections and state foreclosures and liquidations
- Restructurings
- Representation and counseling for Secured and Unsecured Creditors
- Insurance and reinsurance representation
- Enforcement of statutory and contractual lien rights and security interests
- Enforcement of Creditors’ Rights through lease agreements and commercial contracts
Experience
Debtor's Counsel
Corporate/Individual Defense
Business and Asset Sales
Servitude Defense
Restructuring
Lien Rights
