Bankruptcy & Reorganization

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The Bankruptcy & Reorganization Group offers an ideal combination of knowledge and experience in the finance and commercial transactions areas with support from a strong litigation practice. Our Bankruptcy & Reorganization Group is among the most creative and accomplished in the region. We represent debtors and debtors-in-possession, creditors and creditors’ committees and lenders and trustees in all types of reorganization proceedings, including both in-court and out-of-court workouts. Our representation ranges from local cases to those of national notoriety. Our clients include individuals, small business organizations, public companies, financial institutions, insurance companies, court-appointed trustees and receivers, and many others.

Our lawyers work with clients to structure and negotiate out-of-court workouts to meet the objectives of both creditors and debtors. Our creativity and ability to implement innovative solutions often lead to out-of-court settlements. With the assistance of lawyers from other practice disciplines within the firm, we have successfully negotiated numerous complex workouts and restructurings, saving our clients the time and expense of extended bankruptcy proceedings.

Our primary goal is to provide both practical and innovative solutions in the most efficient and economical manner possible. When negotiated solutions are not viable, we have the ability and expertise to litigate aggressively to protect our clients’ interest.

Our insolvency practice also extends beyond debtor/creditor representation. We frequently advise clients on purchasing assets from troubled companies, both in and out of bankruptcy proceedings. Our lawyers regularly advise clients who are parties to contracts and leases with debtors or who require other legal advice with bankruptcy implications.

Our Services

Bankruptcy and Reorganizations

Represent lenders in all aspects of Chapter 11 proceedings
Represent creditors committees and trustees in Chapter 11 and Chapter 7 proceedings
Represent debtors and creditors in out-of-court workouts, assignments for the benefit of creditors and other restructurings
Prosecute and defend preference and fraudulent conveyance actions
Defend lender liability claims

Creditors’ Rights Litigation

Represent secured parties in enforcement of security interests and other remedies
Commercial debt collection
Preference and fraudulent conveyance litigation
Foreclosure litigation
Receivership actions

experience

KMK represents the court-appointed legal representative for future asbestos claims in the mass tort chapter 11 case of G-I Holdings Inc., pending in the Bankruptcy Court for the District of New Jersey involving asbestos liabilities of over $6 billion.
KMK represents the THAN Trust, which is an asbestos settlement trust holding $900 million in assets, for the purposes of settling and paying asbestos liabilities of T.H. Agriculture & Nutrition, LLC.
KMK represents a secured lender holding a secured claim exceeding $30 Million in the chapter 11 bankruptcy case of Zayat Stables, one of the largest thoroughbred racing stables in the United States, pending in the United States Bankruptcy Court for the District of New Jersey.
KMK represents a secured lender in the chapter 11 bankruptcy proceedings of Petro Ventures, a regional chain of convenience stores with a complex capital and organizational structure, involving multiple secured lenders holding over $55 million in debt secured by competing liens, pending in the Bankruptcy Court for the Southern District of Ohio.

Representative Clients

American Financial Group, Inc.
Cintas Corporation
Comair Holdings, Inc.
The Crowell Company
George E. Fern Co.
G-I Holdings Inc.
Great American Insurance Company
Hal Homes, Inc.
Meridian Bioscience, Inc.
THAN Trust

Bankruptcy & Reorganization

Our Services

experience

Representative Clients

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Practice Contacts

Bankruptcy & Reorganization Attorneys

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