Alternatives to Bankruptcy/Workouts

  • Receiverships
  • Assignments for the Benefit of Creditors (ABC’s)
  • Out-of-Court Restructurings

Matter List

The following is a representative list of transactions/matters for which our attorneys are either presently engaged or have previously been engaged during their careers at LimNexus and their prior law firms.

  • Counsel to strategic purchaser of distressed assets in hospitality/restaurant industry.
  • Counsel to Coda Energy in connection with an assignment for the benefit of creditors.
  • Counsel to assignee related to liquidation of weight-loss company through an assignment for the benefit of creditors.
  • Counsel to creditor in receivership of international golf company.
  • Represented bank in action against borrower for appointment of receiver and possession of collateral, obtaining Temporary Restraining Order prohibiting borrower from dissipating the bank’s collateral pending appointment of a receiver, which was critical to client’s ultimate recovery.

Attorneys: David Nealy

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