Business Workouts and Restructurings

Bressler delivers tangible legal solutions in precarious times.  Potential default and financial crises require decisive and creative action.  Preserving time and resources in order to maintain financial stability is a critical factor in avoiding insolvency.  On many occasions, financial distress can be resolved favorably with a negotiated solution.  Our attorneys work with clients to analyze and execute workout alternatives outside of court, including:

  • Renegotiation of bank loans and covenants
  • Revision of debt instruments
  • Workout of payment plans with vendors
  • Restructuring and “right sizing” initiatives
  • Business combinations and investment

Each workout or restructuring presents unique obstacles and opportunities.  Whether the workout involves consents or waivers; a deed in lieu of foreclosure; a forbearance, tolling or standstill agreement; lease or partnership amendments; debt restructuring or an asset sale, Bressler provides actionable solutions and guidance to the problem at hand.  We take pride in designing custom solutions for our clients that safeguard their financial stakes.

Bressler represents the array of clients involved in workouts and restructurings.  We advise distressed businesses, investors, lending and financial institutions and other creditors.  We also assist acquirers in financial workouts, restructurings, acquisitions and dispositions of distressed assets.  In addition, a reorganization can involve a team of professionals.  Our group of multidisciplinary attorneys know what it takes to successfully work with consultants and turn-around specialists to achieve a common goal.

We effectively represent clients in complex workouts and restructurings involving commercial and industrial businesses, as well as commercial, residential and mixed use real estate.  Our team’s practical experience bolsters us in navigating beyond difficult and turbulent conditions in order to achieve the best possible outcome.