Creditors Rights
The broad base of experience in our practice group enables us to handle almost any matter that can arise in the arenas of creditors’ rights, bankruptcy, financial workouts and restructuring, judicial and statutory foreclosures, receiverships, and rights and remedies of creditors under Article 9 of the Uniform Commercial Code. The attorneys in our practice group have extensive experience and are a recognized voice in the legal community. This ena bles us to promptly assess client needs within the framework of a variety of disciplines, including banking, corporate, environmental, finance, real estate, employment, tax, and litigation. We have handled countless matters in state, federal and administrative courts, trial and appellate, throughout the country. Our goal is to develop an effective and efficient approach to meet our client needs.
We Have A Broad-Base Of Business And Legal Experience
Our attorneys have a broad range of experience representing creditors, debtors, financial institutions, creditors’ committees, trusts and trustees, buyers and sellers of assets, investors, and others in chapter 7 (liquidation), 11 (reorganization) and 13 (wage earner) bankruptcy cases throughout the United States. We understand the legal and business issues that confront our clients on a daily basis.
The experience of the attorneys in our group includes representing the interests of secured and unsecured creditors, lessors and lessees, agents for lending groups, prebankruptcy planning, reorganizations, liquidations, and other bankruptcy ternatives; insolvency planning and loan workouts, including advice regarding potential preferential and fraudulent transfers and lender liability; mortgage company insolvencies; com mercial mortgage foreclosures; receiverships over real estate and business entities; enforcement of notes and guarantees and realization of collateral; and litigation in bankruptcy and nonbankruptcy forums.
Our attorneys are experienced in cases involving fraudulent transfers, including analyzing and litigating issues related to leveraged buyouts and subordination of claims, and with environmental issues, where it is necessary to balance the conflicting interests of governmental and private entities in order to produce consensual results. We are frequently called upon to counsel both borrowers and lenders in restructuring complex credit relationships, from inception to resolution.
Creditors Rights Lawyers
In 2019, the Texas legislature passed a number of bills which are likely to impact disclosure requirements under the Texas Public Information Act, although one of the most significant appears to be Senate Bill 943. The purpose of Senate Bill 943 is to expand disclosure requirements, primarily by closing what has been called the “Boeing Loophole.” Under Boeing v. Paxton, 466 S.W.3d 831 (Tex. 2015), private parties were entitled to invoke competitive concerns in order to prevent the government from disclosing certain bidding information. But as of January 1, 2020, the “Boeing Loophole” has been closed. Companies that bid on government contracts would be wise to consider how the new law may impact their operations in 2020 and beyond.