Bankruptcy, Creditors’ Rights and Loan Workouts and Restructuring

Attorneys at Trif & Modugno have extensive experience with bankruptcy, restructuring, and insolvency issues.   Specifically, shareholders and members of distressed companies, banks/lenders, creditors, vendors, trustees, receivers, assignees and purchasers of distressed assets often seek our counsel because of our creativeness, responsiveness and efficiency when it comes to protecting their rights in state and federal courts.  Specifically, Trif & Modugno attorneys have extensive experience in all aspects of bankruptcy, reorganization, assignments, commercial loan workout/restructuring and creditor rights. 

On the Debtor and Company side, our attorneys work with management and company advisors to define a critical path from inception to closing on the desired restructuring, sale or other resolution.  Representative clients include those in the construction, real estate development, health care, retail, intellectual property, food service, pharmaceutical, supply chain, distribution, franchise, energy, manufacturing and transportation industries. 

On the creditor side, we are well versed in recognizing and understanding clients’ business interests and risk tolerance. We represent clients in all chapters and aspects of bankruptcy filings including representation in adversary proceedings brought by or against creditors involving, among other things, preference claims, reclamation claims, defaults (including collection of amounts due), possession of collateral and the enforcement of rights and remedies pursuant to mortgages and security interests arising under the Uniform Commercial Code.

We always seek to find the most cost-effective, practical and favorable business solution for our clients without litigation. Notwithstanding, when necessary, our clients and adversaries know that we are always prepared and ready to tenaciously litigate and win disputes in the courtroom.