Bankruptcy, Receivership, and Reorganization

The Bankruptcy, Receivership and Reorganization Department of Ervin Cohen & Jessup LLP provides assistance in a wide range of areas involving bankruptcy, receivership, restructuring, reorganization, out-of-court workouts and creditors’ rights issues. Our clients include companies, individuals, developers and financial institutions.

Bankruptcy, Receivership and Reorganization Department Services

The Bankruptcy, Receivership and Reorganization Department represents debtors-in-possession, state and federal court receivers, unsecured and secured creditors, debtors, trustees and creditors’ committees in Chapter 11 cases, adversary proceedings, out-of-court workouts, business reorganization issues, business bankruptcy, complex Chapter 7 cases and related insolvency litigation, complemented by the expertise found in the firm’s Real Estate, Litigation, Business and Corporate Law and Tax Law Departments.

Our attorneys seek the most cost-effective and creative solutions for debtors in dealing with major liabilities, business downturns and/or cash-flow problems, and creditors with respect to the enforcement of their rights.

Our capabilities include:

  • Debtors: Debtors and debtors-in-possession are heavily scrutinized in most Chapter 11 cases and workouts effected out of court. Our lawyers provide skilled counsel to debtors and debtors-in-possession nationwide.
  • Creditors’ Committees: In most Chapter 11 cases, the establishment and effectiveness of creditors’ committees are crucial to safeguarding the interests of creditors, bondholders and other holders of debt. ECJ has extensive experience representing unsecured creditors’ committees in substantial Chapter 11 cases.
  • Panel Trustee Services: All Chapter 7 and, occasionally, Chapter 11 cases require the appointment of trustees. One of the department members regularly serves as a Chapter 7 and 11 trustee.  In addition, ECJ frequently represents trustees in both Chapter 7 and Chapter 11 cases.
  • Creditors’ Rights: Our Bankruptcy, Receivership and Reorganization Department also represents a variety of secured and unsecured creditors in a significant range of industries.
  • Receivers: Members of the Bankruptcy, Receivership and Reorganization Department are frequently appointed as receivers by state and federal courts and also represent receivers appointed by these courts.
  • Assignment for Benefit of Creditors: Members of the Bankruptcy, Receivership and Reorganization Department have served as assignees for the benefit of creditors and also have experience in representing assignees.

Our representative debtor/creditor Chapter 11 cases include: City of Angels Hospital; Chem-Tech, Inc.; Associates Mega Sub-System, Inc.; Carpeteria; Three Stooges; GEO Petroleum, Inc.; Jacman Aircraft, Inc.

Our trustee and creditors’ rights cases include: Carmel of St. Joseph’s; Pan Pacific Fisheries; United Airlines, Inc.; Global Crossing; Pacific Gas & Electric; Van de Kamps Bakeries, Inc.; Roger Sound Laboratories, Inc.

Our receivership matters include cases filed by the Securities and Exchange Commission, Federal Trade Commission, Commodities Futures Trading Commission, California Department of Corporations and California Department of Real Estate.

Contact ECJ for Bankruptcy, Receivership and Reorganization Issues

The goal of ECJ’s Bankruptcy, Receivership and Reorganization Department is to provide highly responsive yet cost-effective legal services in order to add value to clients’ businesses. For more information about this department or how we can assist you through the process of filing bankruptcy, please contact us to speak with a bankruptcy lawyer at our firm.

Bankruptcy Law Attorneys, serving clients in Los Angeles, the State of California and across the nation.