BUSINESS DEPARTMENT | Debtor & Creditor Rights/Insolvency & Bankruptcy

In order to preserve current assets and limit both existing and future liabilities, businesses in distress must retain an attorney who possesses a thorough understanding of applicable state and federal bankruptcy and creditor rights laws. Likewise, lending institutions and other creditors who seek to collect from debtors in default without the assistance of skilled and knowledgeable counsel run the substantial risk of losing their ability to collect monies owed to them. While a failure to understand or adhere to applicable creditors’ rights laws and/or bankruptcy proceedings can lead to disastrous consequences, sound advice and assistance from counsel can eliminate or substantially mitigate an otherwise unpleasant situation.

The firm’s Debtor & Creditor Rights/Insolvency & Bankruptcy Practice Area is part of the firm's Business Department and is supported by the experience of other Offit Kurman lawyers working in related areas such as corporate law, tax, litigation, real estate, intellectual property and labor and employment law. We offer a broad range of services, both to clients who manage financially distressed companies and creditors of such businesses. Our Debtor & Creditor Rights/Insolvency & Bankruptcy Practice Area represent debtors, creditors and other interested parties in various kinds of debt restructuring and bankruptcy reorganization transactions and proceedings, including out-of-court workouts. More specifically, our attorneys in this Practice Area have substantial experience on issues relating to:

Pre-Bankruptcy Planning
Chapter 11 Reorganizations
Financial Restructurings and Loan Workouts
Foreclosures and Asset Liquidations
Creditors’ Rights and Preference Defense

For further information regarding Offit Kurman’s Debtor & Creditor Rights/Insolvency & Bankruptcy Practice Area, contact Glenn Solomon by e-mail at gsolomon@offitkurman.com or by phone at 443.738.1522.

DEBTOR & CREDITOR RIGHTS/INSOLVENCY & BANKRUPTCY PRACTICE AREA ATTORNEYS
B. Marvin ("Buddy") Potler mpotler@offitkurman.com Baltimore Area: 443.738.1582 | Washington Area: 301.575.0382
Douglas Seitz dseitz@offitkurman.com Baltimore Area: 443.738.1584 | Washington Area: 301.575.0384
Glenn D. Solomon gsolomon@offitkurman.com Baltimore Area: 443.738.1522 | Washington Area: 301.575.0322