Determining Your Best Course of Action
Vendors, contract counterparties, and others doing business with a distressed company are often faced with fluid and rapidly-changing circumstances that may be dramatically impacted by the filing of a bankruptcy case. Understanding the complex rights, responsibilities, and potential risks that are triggered by the filing of a case is essential to determining your best course of action.
Our Wilmington Financial Restructuring + Insolvency attorneys have created a resource to help creditors, vendors, contracting parties, and others to confront the challenges of a commercial bankruptcy case. The Creditor’s Rights Toolkit is a collection of brief introductions to important bankruptcy concepts, as well as practical insights that may help you gain a foothold before, during, and after the filing of a case. These pieces may be viewed in full below or printed from the PDF links to become a quick reference guide.
Looking for more information? Our attorneys produce timely and relevant content on topics in the area of financial restructuring and insolvency.
Avoidance Actions
Bankruptcy Sales
Before the Chapter 11 Case Is Filed
Contract Issues
Filing and Asserting Claims
Goods and Services
Key Parties in a Chapter 11 Case
Plan Issues
Post-Petition Transactions
Tax Considerations
Clients impacted by distressed situations rely on our know-how to enforce their rights and to maximize value. Our deep understanding of pre- and post-insolvency issues from every stakeholder’s perspective enables us to help our clients prevent and prepare for a financial crisis, and, when needed, to serve as trusted advisors to effectively respond to financial distress.
We provide clients with creative solutions in financial restructuring and insolvency matters, that prioritize recovery or return on investment. Because our restructuring team works hand in glove with our finance and corporate attorneys, we understand the underpinnings of financial and corporate transactions and offer tools to reduce crises or prevent them from arising.