Bankruptcy
JSC recognizes that in these challenging economic times, businesses and individuals face tough financial decisions. The firm has a wealth of experience in all aspects of chapter 11 cases and a unique capability to resolve highly complex business matters and challenges.
As a client, you can be assured that the firm’s attorneys are highly knowledgeable in bankruptcy proceedings and out-of-court workouts, and can offer effective solutions for restructuring debts and obligations (for example, a moratorium on payments, a reduced interest rate, a stretch-out of the payment period, a write-down of the debt balance). In addition, JSC provides the highest level of business insolvency and reorganization services and addresses all aspects of a business's possible internal governance problems.
JSC’s bankruptcy attorneys represent: debtors, creditors, committees, trustees, asset purchasers, bondholders, equity holders, and third-party plan proponents. The firm’s clients range from small businesses and individuals to large corporations.
Bankruptcy Practice Areas Include:
- Bankruptcy issues relating to businesses, franchises, individuals, and landlord-tenant relationships
- Out-of-court debt restructuring and workouts
- Business insolvency and reorganization
- Debtor-in-possession financing
- Bankruptcy court auction sales
- Cash collateral issues
- Determining the status and priority of liens
- Administration of creditors' committees
- Negotiation and implementation of complex reorganization plans
- Bankruptcy-related acquisitions/investments
Jerome S. Cohen