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Bankruptcy and Restructuring
Bankruptcy and Restructuring
Attorneys in Taft's Bankruptcy and Restructuring practice represent clients in virtually every aspect of complex litigation and transactions involving financially distressed businesses, including the acquisition and sale of assets and claims; the prosecution and defense of preference and fraudulent conveyance claims; the formation and implementation of credit policies and procedures; the structuring of loans and other financing arrangements involving debtor-in-possession financing, letters of credit, leasing and floor-planning; and the negotiation and formulation of out-of-court restructuring arrangements and chapter 11 reorganization plans. Recently, we have also been involved in several major mass-tort bankruptcy cases, representing diverse interests in the cases of Purdue Pharma, Mallinckrodt and USA Gymnastics. Our experience also includes lien protection and asset recovery, pre-bankruptcy workouts, Uniform Commercial Code matters and asset protection.
Our attorneys have extensive experience in the automotive, steel, telecommunications, basic manufacturing, retail and wholesale goods, and distressed debt trading industries. We frequently lecture at local seminars throughout the midwest and at national programs for audiences that include attorneys, commercial lenders, accountants, industry trade groups and bar associations.
The practice consists of experienced partners and associates spread among the firm's Chicago, Cincinnati, Cleveland, Indianapolis and Minneapolis offices. Our attorneys are recognized in publications such as Best Lawyers in America, Chambers USA: America’s Leading Business Lawyers, Leading Lawyers and Indiana and Ohio Super Lawyers.
Related Practices
Awards
Ranked National Tier 1 by U.S. News – Best Lawyers® “Best Law Firms” for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law (2019 - present)
Chambers USA: America’s Leading Business Lawyers
Best Lawyers in America
Indiana and Ohio Super Lawyers
News
Johnson Selected to NAPABA 2022 Prospective Partners Program News
Ross Clayson Joins the Firm News
Johnson to Serve as Moderator for Minnesota Asian Pacific American Bar Association Event News
25 Attorneys Named to List of Best Lawyers in America for 2022 News
Maniace Awarded Commercial Instructor of the Year by Columbus REALTORS® News
Taft Tops Chambers USA 2021 Rankings in the Midwest with 54 Attorneys and 24 Practices Recognized