Bankruptcy, Restructuring & Creditor-Debtor Rights Law Practice
Our seasoned attorneys handle all types of bankruptcies, reorganizations, out-of-court workouts and restructuring, liquidations, foreclosures, distressed investing, asset protection, and commercial litigation involving creditor-debtor rights.
DHC has five offices located in New York City, NY, Albany, NY, Washington, D.C., White Plains, NY and Palm Beach, FL.
Practicing in the federal and state courts of New York State including:
- U.S. Bankruptcy Court, SDNY (Manhattan, Westchester and Poughkeepsie Divisions)
- U.S. Bankruptcy Court, EDNY (Brooklyn and Central Islip Divisions)
- U.S. District Court, SDNY
- U.S. District Court, EDNY
- NYS Supreme Court (Manhattan, Brooklyn, Queens, Nassau, Suffolk, and the Bronx)
Financially distressed situations present unique challenges and opportunities for creditors and debtors alike, as well as other affected third parties. Each situation involves a unique set of assets, liabilities and cash flow, as well as personalities of the key players, who often have different agendas and varying degrees of leverage. Some financially distressed situations require negotiations, compromise and finesse. Other situations require hardball litigation, ‘nuclear’ and ‘kamikaze’ type threats and a ‘take no prisoners’ approach. There are no cookie cutter solutions to financially distressed situations and the landscape and dynamics of each situation often changes over time.
Representing a diverse clientele of creditors, debtors and third parties, including:
- Financially troubled corporations, partnerships, LLCs, and individuals
- Lenders and other secured creditors
- Equity owners, general partners, limited partners, joint-venturers
- Commercial and residential lessors
- Investors in distressed assets
- Non-debtor spouses and former spouses
- Equipment lessors
- Officers, employees, directors
- Licensors and licensees
- Creditors’ committees, trustees, examiners
- All types of real estate entities
- Former high net-worth individuals
Handling all types of bankruptcy litigation, including:
- Asset sales
- Assumption or rejection of leases and executory contracts
- DIP financing, pre-petition lending and cash collateral motions
- Fraudulent transfer litigation
- Motions to dismiss or convert chapter 11 reorganizations
- Objections to discharge
- Objections to dischargeability of debt
- Objections to claims
- Preferential transfer litigation
- Relief from automatic stay motions
- Rule 2004 examinations
- Turnover actions
Working closely with other practice groups in the firm, including:
- Corporate and securities
- Domestic relations & family law
- Government relations & lobbying
- Health care
- Intellectual property
- Labor and employment
- Land use and zoning
- Litigation
- Outdoor advertising
- Real estate
- Restaurant & hospitality
- Trusts & estates
Key Takeaways: Bankruptcy Law
Davidoff Hutcher & Citron’s Bankruptcy, Restructuring & Creditor-Debtor Rights attorneys represent creditors, debtors, investors, and other stakeholders in complex financial distress situations. The firm handles a wide range of matters including Chapter 11 reorganizations, asset protection strategies, distressed asset transactions, foreclosures, and bankruptcy litigation.
With extensive experience in federal and state courts across New York, DHC attorneys guide clients through the strategic, legal, and financial challenges that arise in insolvency and restructuring matters. Whether negotiating out-of-court workouts, litigating disputes in bankruptcy proceedings, or protecting creditor rights, the firm provides tailored strategies designed to preserve value and achieve the best possible outcome.
By combining litigation strength with practical restructuring solutions, DHC helps clients navigate financially distressed situations with clarity, strategy, and effective legal advocacy.
Favorite Asked Questions (FAQs): Bankruptcy Law
What types of bankruptcy matters does a bankruptcy lawyer handle?
Bankruptcy attorneys assist with Chapter 11 reorganizations, business restructurings, liquidation proceedings, creditor claims, distressed asset transactions, and litigation involving creditor-debtor disputes.
Who can benefit from bankruptcy and restructuring legal counsel?
Legal counsel may assist financially distressed businesses, lenders, secured creditors, investors, landlords, corporate officers, and individuals facing complex debt or insolvency issues.
What is the difference between bankruptcy litigation and restructuring?
Restructuring focuses on reorganizing debt and operations to stabilize a business or financial situation, often through negotiation or court-supervised reorganization. Bankruptcy litigation involves disputes that arise during bankruptcy proceedings, such as fraudulent transfer claims, creditor objections, or motions involving assets and contracts.
What happens during a Chapter 11 bankruptcy case?
Chapter 11 allows a business to reorganize its debts and operations while continuing to operate. The process may involve restructuring debt, renegotiating contracts or leases, obtaining financing, and developing a court-approved plan to repay creditors over time.
How can a bankruptcy attorney help creditors protect their rights?
Attorneys represent creditors by asserting claims, challenging improper transfers, seeking relief from the automatic stay, objecting to discharge of certain debts, and participating in creditor committees or litigation to protect financial interests.
