Protecting Creditors' Interests in Bankruptcy
The bankruptcy practice at Seder & Chandler concentrates on protecting the interests of creditors. Many of our clients are banks and financial institutions counting on us to maintain the integrity and value of their mortgages and security interests in Chapter 11 cases.
We also represent trustees, bondholders, unsecured creditors committees and other holders of substantial claims against the bankruptcy estate. We emphasize solutions that are in your best interests, and have represented parties involved in the recent General Motors bankruptcy.
While our practice is largely focused on the protection of a primary secured creditor's position in business bankruptcies filed in the District of Massachusetts, we also represent local creditors with claims against debtors in other states. Other parties in interest can also benefit from our advice on a wide range of bankruptcy problems:
- Relief from the automatic stay
- Cash collateral agreements, including debtor-in-possession financing where appropriate
- Adversary litigation on various issues — priority, perfection, equitable subordination
- Motions to avoid fraudulent transfers or preferences
- Motions for the assumption or rejection of leases or executory contracts
- Section 363 asset sales
- Review and evaluation of Chapter 11 disclosure statements and reorganization plans
- Motions to convert Chapter 11 cases to Chapter 7
Our lawyers also advise creditors in bankruptcy proceedings/matters about the similar issues that can arise in receiverships, secured party sales and assignments for the benefit of creditors.
To learn how our breadth and depth of experience on bankruptcy issues can help protect your interests as a creditor, contact Seder & Chandler. With offices in Worcester and Westborough, we serve clients throughout central Massachusetts and the Metro West Boston area.
