Our firm's experienced bankruptcy and workout specialists counsel debtors-in-possession, bankruptcy trustees, creditor committees, liquidating agents, lenders, and asset purchasers, among other global clients. The breadth of our client base in this arena affords Diamond McCarthy a deep, institutional understanding of the interests, strengths, and weaknesses of the key players in the reorganization and liquidation processes.

• Restructurings and Workouts: We begin our work for troubled companies by asking a simple question: "Can we obtain the result you seek without the potentially negative effects of formal bankruptcy/insolvency proceedings?" If the answer is yes, then we work closely with management to implement an equitable, cost-effective workout strategy.
  
  
• General Bankruptcy: If insolvency proceedings are required, our institutional experience enables us to counsel our clients in all aspects of the bankruptcy process. From complex asset transactions and bankruptcy litigation to fraudulent transfers, equitable subordination, and preference disputes, Diamond McCarthy is uniquely capable of representing debtors, Chapters 7 and 11 trustees, formal and informal creditor committees, and secured and unsecured creditors.
  
  
• Lenders, Creditors and Parties in Interest: Our expertise in the work-out and Chapter 11 process extends to representing lenders, creditors, and parties in interest who have the real economic stake when a company is in financial distress. We have counseled and represented secured lenders, lessors, unsecured creditors, prospective purchasers of assets, and creditors' committees in a multitude of workouts and bankruptcy cases in virtually every industry. Our familiarity with the bankruptcy landscape and experience in these difficult situations allow us to provide our clients with straightforward strategic options in an effort to maximize returns and provide a good understanding of what it will cost to obtain the desired results.
  
  
• Conflicts Counsel: Often, large insolvency proceedings generate conflicts and connections issues that cannot be foreseen at the outset of the case. Our boutique bankruptcy practice provides other firms with a resource for avoiding such concerns by handling aspects of the proceedings that might otherwise generate conflicts, while assisting them with strategic aspects of the overall bankruptcy.

For more details, or should you have any questions about this aspect of our practice, please call Kyung Lee in Houston.

Other practice areas:

U.S. Business & Commercial Trial
Insolvency & Professional Liability Investigations & Trial
Complex Bankruptcies, Reorganizations & Work-Outs
International Litigation and Arbitration
Oil & Gas Litigation
Alternative Dispute Resolution
Appeals
Class Actions