- Represented the equipment leasing division of a Connecticut financial institution in the pre-merger “clean-up” of its portfolio.
- Engaged by a lender to help restructure loans made to a portfolio of mid-priced hotels, including forbearance agreements and loan modifications to permit debtor time to recover from the effects of the COVID pandemic and refinance its debt.
- Represented “bad” banks set up in response to the savings and loan crisis and then the Resolution Trust Corporation and the FDIC, when those banking institutions failed.
- Restructured a $40,000,000 construction loan for a residential condominium and apartment complex project delayed by the COVID pandemic.
- Tried cases in federal courts throughout the country obtaining judgments of replevin and deficiency for defaulted loans related to fixed wing turbo prop and rotary aircraft, as well as negotiating or executing on those judgments to obtain recovery.
- Successfully negotiated and oversaw the installation of a receiver to wind down a tobacco distributor to recover multi-million dollar debt to secured creditor and resolved competing claims to prepaid state tax stamps among competing secured creditors.
- Obtained dismissal of a federal court RICO action on behalf of an individual who had been sued by a Bankruptcy Trustee who had claimed that the client was a fraudulent transferee of assets formerly held by a party engaged in a Ponzi Scheme with the debtor entities.
- Negotiated a seven-figure settlement on behalf of union members whose employer-nursing home had gone into bankruptcy and whose administrator had absconded with the members’ pension funds and health insurance premiums.
- Successfully litigated utility company’s request for security deposit against commercial debtor in contested bankruptcy court proceeding in one of the first test cases under Section 366 of the revised Bankruptcy Code.
- Successfully argued a case of first impression before the Connecticut Supreme Court, which held that a right of first refusal was not applicable in the context of an involuntary foreclosure sale.
- Negotiated favorable six-figure settlement of preference action in representing a Chapter 7 Trustee, despite the fact that the Trustee’s prior counsel had failed to file the preference claim prior to the running of the statute of limitations.
- Successfully renegotiated debtor’s Chapter 11 plan of reorganization on behalf of junior lienholder, whose interest had been completely eliminated under original version of the plan, to allow for significant recovery on the secured portion of the client’s debt.
Contact Us
Workouts & Restructuring