Creditors’ Rights & Bankruptcy
Businesses seeking to enforce their rights as creditors, ensure priority on a secured transaction, or navigate debt collections turn to Cohen Seglias’ Creditors’ Rights & Bankruptcy Group for skilled guidance. Attorneys pair strong knowledge of financial laws and regulations with knowledge of industries such as banking, construction, real estate, financial services, and manufacturing, among others.
Creditors’ Rights
We represent businesses of all sizes and in virtually every industry in reorganizations, receiverships, workout and forbearance agreements, commercial foreclosures and insolvency. Our work involves cash collateral, adequate protection, relief from stay, preference actions, 363 sales, DIP financing, and plan confirmation.
Our attorneys are experienced in all aspects of creditors’ state courts rights and remedies including confessions of judgment, liquidations, garnishments, foreclosures, and receiverships. They work with clients to find solutions to debt issues and are prepared to litigate when necessary.
UCC & Secured Transactions
The Uniform Commercial Code (UCC) affords banks, construction equipment financiers, and alternative lenders certain protections and opportunities if used correctly. Our attorneys represent parties in secured transactions under Article 9, advising on the attachment and perfection of security interests. We also help parties maintain their rights in case of default and ensure clients retain their priority standing.
Bankruptcy Disputes
The team represents institutional lenders, commercial landlords, manufacturers, and vendors in bankruptcy proceedings and all manner of disputes involving the appointment of trustees, debt recourse, relief from automatic stays, preference actions, lenders’ and other creditors’ claims and other bankruptcy issues.
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