The Group' s broad experience in all aspects of insolvency law enables it to evaluate problems and advise clients promptly. The Group's bankruptcy practice has involved representation of secured creditors in matters regarding the protection of cash collateral, negotiation and documentation of post petition financings, and the negotiation of consensual plans of reorganization. The Group represents unsecured creditors by serving as counsel to official unsecured creditors committees, contesting financing arrangements and plan confirmations, and filing involuntary petitions against insolvent debtors. The Group also represents equipment and real property lessors and equity ownership interests. The Group's experience in bankruptcy and reorganization proceedings has demonstrated that its clients' interests are often best served by out of court reorganization, debt restructuring or liquidation.
Nonjudicial workouts are frequently faster and less expensive than their court-ordered counterparts.
Accordingly, the Group strives to find out of court solutions for insolvency problems. When court ordered bankruptcy proceedings are necessary, however, the Group has broad experience in handling both large and small Chapter 11 and Chapter 7 proceedings in numerous bankruptcy districts throughout the United States. To handle these situations, the Group is staffed with litigators who have significant expertise and experience practicing in state and federal courts in North Carolina and South Carolina. All Rights Reserved and all usage subject to Conditions of Use .