Representation of Business Debtors
  • Advising business debtors in financial distress on their best courses of action.

  • Assisting business debtors through the bankruptcy process - efficiently and expeditiously.

  • Giving viable enterprises the breathing room they need.

During the last four decades attorneys at Forman Holt Eliades & Ravin have represented financially troubled businesses and individuals in restructuring efforts. The firm represents distressed businesses and individuals in a wide variety of circumstances including two party loan workouts, out of court restructurings and chapter 11 reorganization proceedings. Forman Holt Eliades & Ravin also represents entities in the orderly wind up of business affairs and the liquidation of assets.

Forman Holt Eliades & Ravin works with its clients to (a) assess the legal issues relating to their financial problems; (b) identify realistic business goals and solutions; and (c) devise a strategy for resolving issues with secured parties, taxing authorities and unsecured creditors. When possible, Forman Holt Eliades & Ravin attempts to achieve its clients' objectives by working and cooperating with creditors. When necessary, Forman Holt Eliades & Ravin has the experience and expertise to litigate with creditors and/or seek appropriate relief in bankruptcy proceedings including "cram down" plans of reorganization.

Forman Holt Eliades & Ravin has earned a reputation for moving debtors through the bankruptcy process quickly. This often results in substantial savings on legal, accounting and other administrative expenses for clients. In general, successful reorganization efforts do not improve with age. They do, however, become more expensive and taxing as time goes on. Accordingly, Forman Holt Eliades & Ravin strive to assist clients in the implementation of an exit strategy as soon as is feasible.

Forman Holt Eliades & Ravin has successfully guided hundreds of businesses from nearly every industry through the bankruptcy process. The firm has often been a key component in assisting clients to emerge from restructuring as stronger and more viable entities. Forman Holt Eliades & Ravin attorneys remain prepared to help your troubled enterprise to navigate a course for rehabilitation.

Please contact us: business@formanlaw.com

 
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