Bankruptcy Law

Posts by Bankruptcy

Chapter 11 Subchapter V: What Creditors Should Expect

As the world continues to grapple with the…

The New Streamlined Bankruptcy Solution For Small And Medium Sized Businesses

The Small Business Reorganization Act (“SBRA”),…

CARES Act | Reorganization, Foreclosure & Bankruptcy

[UPDATED April 2, 2020] On March 27, 2020…

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Our Bankruptcy & Restructuring Group is an agile group of accomplished commercial attorneys with decades of experience in loan workouts, bankruptcy, corporate and debt restructuring, litigation and appellate services advising a broad range of creditors and debtors.  Our work includes all phases of out-of-court commercial debt restructuring and bankruptcy cases, both pre- and post-petition.  Our team of well-known attorneys includes a chapter 7 Trustee in the District of Vermont and Northern District of New York.

We have a long history of representing banks, financial institutions, commercial lenders and debtors throughout Vermont, New Hampshire and Upstate New York.  Our bankruptcy experience extends to Chapter 7, 11, 12 and 13 cases and our attorneys regularly practice before the bankruptcy  and the appellate courts in those jurisdictions. 

Our Bankruptcy and Restructuring Group integrates attorneys from a broad range of practice areas, including Real Estate, Corporate, Environment & Land Use, Financial Services & Banking, Taxation, Litigation, Insurance and Intellectual Property & Technology. With experience spanning numerous industries and areas of practice, we offer our clients a depth of knowledge and resources to provide effective and cost-efficient representation to address the impact of financial distress.

Services Provided

Experience

Other available restructuring methods may include assignments for the benefit of creditors, and state or federal receiverships. While less frequently utilized than relevant chapters of the bankruptcy code, our attorneys are experienced in these procedures.

A new sub chapter 5 has recently been added to the provisions of chapter 11 of the bankruptcy code. The purpose of this subchapter is to provide a more expedient method of re-organization for small businesses. The CARES Act significantly increased the debt limits for this subchapter, temporarily, to $7,500,000. This will enable a significantly larger universe of businesses to take advantage of the provisions of sub chapter 5. Our attorneys are prepared for an anticipated influx of new cases, especially from businesses affected by the current pandemic.

Professionals

Shareholder
Manchester NH
(603) 626-3324
Shareholder
Burlington VT
(802) 864 0880
Shareholder / Director / Senior Vice President
Burlington VT
(802) 864-0880
Associate
Burlington VT
(802) 660 3307
Shareholder
Burlington VT
(802) 864-0880
Shareholder
Manchester NH, Washington DC
(603) 626-3301
Associate
Burlington VT
(802)864-0880
Shareholder / Director / Senior Vice President
Burlington VT
(802) 660 - 3340