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Bankruptcy and Restructuring
Bankruptcy and Restructuring
Attorneys in Taft’s Bankruptcy and Restructuring practice represent clients in virtually every aspect of complex litigation and transactions involving financially distressed businesses, including the acquisition and sale of assets and claims; the prosecution and defense of preference and fraudulent conveyance claims; the formation and implementation of credit policies and procedures; the structuring of loans and other financing arrangements involving debtor-in-possession financing, letters of credit, leasing and floor-planning; and the negotiation and formulation of out-of-court restructuring arrangements and chapter 11 reorganization plans. Recently, we have also been involved in several major mass-tort bankruptcy cases, representing diverse interests in the cases of Purdue Pharma, Mallinckrodt and USA Gymnastics. Our experience also includes lien protection and asset recovery, pre-bankruptcy workouts, Uniform Commercial Code matters and asset protection.
Our attorneys have extensive experience in the automotive, steel, telecommunications, basic manufacturing, retail and wholesale goods, and distressed debt trading industries. We frequently lecture at local seminars throughout the midwest and at national programs for audiences that include attorneys, commercial lenders, accountants, industry trade groups and bar associations.
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Awards
Ranked National Tier 1
by Best Lawyers®
2024 “Best Law Firms”Chambers USA: America’s Leading Business Lawyers
Best Lawyers in America®
Indiana, Michigan, and Ohio Super Lawyers
News
Maniace Presented With Erika Blumenstein Memorial Award by Columbus REALTORS® News
McDonald to Speak at 2024 Banking Law Institute News
Taft Receives “Transaction of the Year” TMA Detroit Award News
The Turnaround Management Association’s Minnesota Chapter has awarded Taft Transaction of the Year News
Clayson Selected to Michigan Lawyers Weekly Class of 2023 Leaders in the Law News
Cole Appointed to Joffrey Ballet Women's Board