Construction-Related Bankruptcies & Workouts
When construction and design projects become financially distressed, we work closely with our firm’s bankruptcy attorneys. Through this collaboration, we protect our clients’ interests in bankruptcy proceedings, receiverships, out-of-court workouts, reorganizations, restructurings and assignments for the benefit of creditors either during construction projects or during construction litigation or arbitration. We assist clients in assessing the numerous alternatives available to them to avoid the need for insolvency-related actions thereby allowing the project to move toward completion with minimized impact. We also counsel clients on ways to deal with their customer’s shaky financial condition. Over the years we have developed a broad network of local and national contacts, including lenders, turnaround specialists, valuation experts, and other advisors to whom we can turn as specific needs and opportunities arise.