BANKRUPTCY AND CREDITORS RIGHTS

Problem Solving — In the area of Bankruptcy and Creditors’ Rights, the ability of our lawyers to quickly assess the problem and formulate a cost- effective solution under very tight time pressures constitutes the most valuable benefit to the client. We have more than thirty years of experience in all types of bankruptcy and workout matters, from representing public company creditors and creditors’ committees in large, national, bankruptcy cases to both creditor and debtor representation in small consumer cases. The firm’s singular experience in both debtor and creditor cases of all types, uniquely positions us to fulfill your needs. More importantly, our firm understands the cost to both debtors and creditors of formal bankruptcy proceedings and can work effectively to resolve disputes before bankruptcy is required. We have most recently been active on the creditors’ committee of a large, multinational railway restructuring and represented the creditors’ committee in a complex oil and gas company restructuring in New Orleans, Louisiana. In addition we acted as co-counsel to a large group of oil and gas creditors in a multi-national oil and gas conglomerate restructuring in Delaware.

 

Commercial Experience — Philip J. McNutt, PLLC can call on its years of experience in complex commercial transactions and real estate matters to handle almost any debtor-creditor dispute. Our attorneys have handled complex bankruptcy matters in all three local jurisdictions, including Maryland, the District of Columbia and the Eastern District of Virginia, as well as jurisdictions across the country including California, Delaware, Florida, Louisiana and New York. On the creditor side, we have experience representing creditors in retail, construction, manufacturing, oil and gas, and other commercial bankruptcies, as well as loan workouts. On the debtor side, we work for an out of court resolution to avoid the burdens and costs of a formal bankruptcy. Our lawyers have been involved in negotiating workouts with banks, bonding companies and other secured lenders for over twenty years. If bankruptcy becomes necessary, the firm has the experience and expertise to assure the best possible outcome for its clients.

 

Litigation Expertise — When it comes to litigation in the bankruptcy context, our attorneys are experienced litigators who are used to litigating within the tight time pressures of the bankruptcy arena and have a substantial knowledge of general litigation procedure as well as specific experience within the often confusing arena of the Bankruptcy Court. Additionally, the firm has had substantial experience in bankruptcy appeals in the metropolitan DC area, including appeals to the Third and Fourth Circuit Courts of Appeal. Most recently, we successfully prosecuted objections to claims exceeding $2 Million in the Eastern District of Louisiana and successfully participated in a contested confirmation hearing to approve a complex oil and gas company restructuring of a multi layered, multi-national company in one of the largest non-public Chapter 11 reorganizations in history.