Business Reorganizations
During the course of operations, business entities occasionally encounter financial challenges from internal or external forces. The Bankruptcy Code affords a process and procedure for a going concern to obtain a “breathing space” within which to restructure its business affairs, and develop a plan of reorganization for submission to its creditors. During the bankruptcy reorganization process, financing can be obtained and approved, unfavorable contracts or lease agreements rejected, and creditors claims, including governmental claims, addressed. Our Attorneys have successfully reorganized dozens of businesses, including businesses involved in the following industries:
- Automotive manufacturing (tier one)
- Grocery
- Wholesale distribution
- Oil & gas, including
- Production
- Transportation
- Engineering
- Natural gas gathering systems
- Retail
- Financial services
- Commercial real estate
- Real estate development
- Manufacturing
- Medical technology
- Steel
The success of the Firm's attorneys in reorganizing businesses pursuant to Chapter 11 is extensive, and unmatched by any other firm in Oklahoma or the surrounding area. Our attorneys bring creativity and tenacity to the process, working closely with business leaders to effect a restructuring and establish a viable going concern for the benefit of the company, its shareholders, and creditors. The firm has also represented scores of other interests in the reorganization process including lenders, trade creditors, employees, committees, trustees, bidders, and purchasers, lessors and lessees, and many other parties in interest affected by a bankruptcy case.
