Bankruptcy Law & Creditor’s Rights
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Bankruptcy & Creditor’s Rights

When dealing with distressed creditor situations, Sprouse lawyers have decades of experience representing a diverse range of clients from leading financial institutions, large publically traded companies, equity security holders to individuals, trade creditors, community banks and small businesses in a broad range of issues that may arise.  In addition to walking our business and consumer clients through traditional bankruptcy proceedings, Sprouse lawyers are also able to use their extensive knowledge of non-bankruptcy workouts and reorganization projects to help clients avoid the risk of bankruptcy.

Sprouse lawyers are committed to diligently understanding our clients’ needs and will assist them in navigating the complexities of the bankruptcy process.  We regularly track trends and keep ahead of the curve, on issues such as section 363 sales, stalking-horse bids, bidding procedures, break-up fees and more, offering our clients superior knowledge and advice.

Sprouse lawyers have participated in sizable bankruptcy proceedings, locally and nationwide.  Our understanding of the nature of bankruptcy proceedings, and the expectations of judges to settle issues economically allows us to make the best recommendations to benefit our clients.

The creatively skilled attorneys of our Bankruptcy & Creditor’s Rights practice offer experience in the following areas:

  • Chapter 7 Business and Consumer Bankruptcies
  • Chapter 11 Business Reorganizations
  • Chapter 12 Farmer Bankruptcies
  • Chapter 13 Consumer Bankruptcies
  • Agricultural, Cattle, and Dairy Bankruptcies
  • Negotiating pre-packaged bankruptcy plans
  • Liquidation and Acquisition of Assets
  • 363 Sales
  • Bidding Procedures
  • Defending Preference Claims
  • Claim Dispute Litigation
  • Determination of the Validity, Extent, and Priority of Liens
  • Complex litigation, including the valuation and the defense and prosecution of fraudulent transfers and related claims
  • Trade Creditor Strategies
  • Negotiation of Debtor in Possession Financing
  • Cash Collateral issues and litigation

In addition, Sprouse lawyers have significant experience in various out of court negotiations and situations, including:

  • Negotiating and Advising on Loan Workouts and Restructurings
  • Forbearance and amendment issues
  • Special situation lending and strategies