Now more than ever, corporations are faced with financial restructuring issues and need swift and experienced counsel to help resolve complicated matters. Phelps Dunbar boasts extensive experience in all areas of bankruptcy and creditors' rights.
Our bankruptcy and creditors' rights practice attorneys have extensive experience in bankruptcy, commercial transactions, creditors' rights, collections and state foreclosure and liquidation law, as well as the interplay of those areas with litigation, business, property and environmental law. Our practice group represents clients before bankruptcy courts nationally, including the handling of matters before bankruptcy courts in Alabama, Arkansas, California, Delaware, Florida, Georgia, Indiana, Kansas, Louisiana, Mississippi, Missouri, New Jersey, New York, Pennsylvania, Tennessee and Texas.
In bankruptcy, we have acted as debtor's counsel and committee counsel and have represented numerous secured and unsecured creditors. Most recently, we have acted as debtor's counsel in the Chapter 11 filing of a regional grocery chain, one of the largest privately held companies in the United States. From the creditor's side, we provide counseling and representation to financial institutions and other parties doing business with financially distressed companies, as well as with bankruptcy trustees and debtors-in-possession. Our representation of creditors has included representing numerous corporate and individual clients in the largest fraudulent conveyance action ever filed in the State of Louisiana, consisting of claims in excess of $100 million. We also represent non-creditors whose rights have been affected by an associated bankruptcy filing, including insurance companies and reinsurers.
A significant portion of our practice also includes the enforcement of creditors' rights in the non-bankruptcy context for both regional and national clients, including the drafting of leases, commercial contracts and related documents, the enforcement of debt instruments, the enforcement of statutory and contractual lien rights and security interests, actions on guaranty contracts, foreclosure actions and problem loan/debt workouts.