|
 |
Cooley Godward Kronish’s Bankruptcy & Restructuring attorneys bring their strong business instincts to bear on the wide range of matters related to restructuring and workouts. Their aim is to obtain the best business result for their clients as quickly and efficiently as possible—and they achieve that goal routinely. The reason is simple: the Cooley Bankruptcy & Restructuring practice group is a tight knit team of attorneys who possess a deep understanding of bankruptcy principles and law, outstanding litigation and corporate drafting ability and solid business sense.
Our team has extensive experience representing creditors and debtors in all aspects of bankruptcy and out-of-court restructurings. We have handled matters throughout the U.S. and abroad, across a wide array of industries—including retail, technology and manufacturing companies, utilities and multi-national financial conglomerates. We represent official and unofficial creditors’ committees, debtors, equity committees, employee and retiree committees, tort committees, secured lenders, investors in distressed situations and companies and governmental entities in the negotiation of complex reorganizations.
The Cooley Godward Kronish Bankruptcy & Restructuring group has played significant roles in some of the largest bankruptcy and out of court restructuring cases. We have represented creditors committees in Montgomery Ward, Federated Department Stores, Athlete’s Foot, Footstar, Inc., The Bombay Company, Florsheim Shoes, CompUSA, Levitz Home Furnishings, Inc., and Long John Silver’s Restaurants, Inc. Some of our major debtor representations include Bayonne Medical Center, Metromedia Fiber Network, OpTel, Inc., Okura Co. (America), USG Corporation and Pacific Gas & Electric Company. We have also represented numerous employee and retiree committees, including, most notably, the United Airlines ESOP Committee, the Enron Employee Related Issues Committee, the Bonwit Teller Retiree Committee and the LTV Retiree Committee. We have been involved in several prominent Chapter 11 cases on behalf of equity committees, including shareholder committees in the Seitel, Peregrine Systems, Bush Industries, Revco, Search Financial, Salant Corporation, Johns-Manville and Lionel Corporation cases.
Our group has in-depth experience helping clients purchase assets in bankruptcy cases and from troubled or insolvent companies in non-bankruptcy situations, working closely with them to generate proposals, participate in court-ordered auctions and negotiate arrangements with governmental bodies that have jurisdiction over the debtor’s industry. We have represented entities purchasing assets in such cases as Tower Records, Global Broadcasting Systems, The Wiz, Spiegel (Eddie Bauer), Breuner’s Furniture/Huffman Koos, Thrifty Drugs and West Point Pepperell.
When necessary, our team works with the Tax, Real Estate and other Cooley Business groups in matters involving non-bankruptcy disciplines. We also call upon Cooley’s Litigation attorneys in large litigated matters. This cooperative approach benefits clients greatly, giving them complete access to the resources of a full-service, national law firm.
Moreover, our team is actively involved in issues relating to the bankruptcy field. Cooley Bankruptcy & Restructuring partners participate in an array of bankruptcy related professional organizations; regularly speak to credit groups, trade associations and continuing education programs regarding significant bankruptcy issues; and maintain a business bankruptcy blog (www.businessbankruptcyblog.com) to keep clients up-to-date on business bankruptcy issues.
Related practices
| |
|
|
