Bankruptcy and Restructuring
Crowell & Moring LLP's bankruptcy and restructuring team provides clients with creative and practical solutions to business problems. We focus our skills on developing and implementing customized strategies to solve complex financial issues.
Our bankruptcy team brings a sophisticated business sense derived from our lawyers' experience in industries such as aviation, energy, financial services, health care, insurance, manufacturing, real estate, and telecommunications. We have extensive experience as counsel for creditors, debtors, and other affected parties, in both the bankruptcy and pre-bankruptcy contexts, including: loan restructuring; "workouts" and related litigation; asset recovery, collateral conversion, and foreclosure; acquisition of assets; all facets of Chapter 7 and Chapter 11 cases, including DIP financing, automatic stay litigation, preservation of cash collateral, defending preference claims, 363 sales, claims litigation, and claims trading. In addition, our lawyers have experience representing clients in novel and cutting edge issues, particularly in mass tort bankruptcy matters and matters involving the distressed debt and equity arena.
We have substantial experience representing ad hoc committees, buyers of distressed assets and debt, debtors, equity holders, insurance companies, investors, official committees, secured lenders, unsecured creditors, utilities, and trustees in matters across the country. We recognize that every client relationship must be highly customized and supported by a knowledgeable team of skilled practitioners.
Our lawyers are both counselors and litigators. We have advised clients on the range of issues that result from doing business with troubled companies, and we have litigated matters for our clients in cases in state and federal trial courts and courts of appeal. The versatility of our bankruptcy team also is enhanced by its ability to draw upon the Firm's lawyers in the corporate, energy, financial services, insurance, intellectual property, and tax practices.
The bankruptcy team has a national practice. Our lawyers have increasingly played leading roles in some of the nation's most prominent bankruptcies, particularly mass tort, asbestos and product liability bankruptcies.
Our lawyers are rated among the best by our peers. Mark Plevin has been recognized as "thorough and aggressive in a positive way," with a "deep understanding of complex issues" and an ability to "approach matters in a creative and independent way," which are an enormous help for clients. Chambers USA (America';s Leading Business Lawyers—2005, 2006 and 2007). Leslie Davis has been ranked by Chambers as someone to watch. Chambers USA (America's Leading Business Lawyers—2007).
For more information, please contact Mark Plevin.