Corporate Restructuring & Bankruptcy

We are experts in bankruptcy and restructuring businesses in and out of court.

Our practice combines a deep knowledge of corporate restructuring and the Bankruptcy Code with the advocacy skills of our seasoned litigators. You will benefit from our years of experience in courts across the country. We have worked with businesses in multiple industries and have achieved favorable outcomes. We negotiate forbearance agreements, accommodation and access agreements, and file bankruptcy petitions when necessary under:

Chapter 11
Chapter 12
Chapter 7

Additional proficiencies include claim and delivery/replevin actions, corporate veil piercing, receiverships, voidable transactions, preferential transfers, reclamation, creditor examinations, garnishments, and foreclosures. We also have experience successfully petitioning uncooperative debtors into bankruptcy by filing an involuntary bankruptcy petition against them.

Who Do We Represent?

As one of the leading corporate restructuring and bankruptcy law firms, we have represented a wide range of parties in complex bankruptcy and reorganization proceedings, including out-of-court workouts, assignments for the benefit of creditors, and receiverships.

Debtors
Trustees
Receivers
Secured Creditors
Unsecured Creditors
Equity Holders
Boards of Directors
Landlords
Tenants
Asset Purchasers
Lessors
Creditors’ Committees

Large or Small Business? We Can Help.

Wolfson Bolton Kochis can assist your company no matter how large or small. Our clients have ranged from Fortune 10 companies to startups and individuals. We strive to find creative solutions that maximize value for all constituents while maintaining a holistic approach to debtor-side cases by focusing on how a company will exit a bankruptcy case before we file one.

Michigan Creditors’ Rights

Our professionals represent secured and unsecured creditors in and out of court. Our services include:

Loan workouts
Forbearance agreements
All aspects of U.C.C. Article 9
Representation in bankruptcy court and judicial enforcement. We are well-versed in commercial debt collection practices and are creative in finding ways for our clients to recover.

Successful Representation of Debtors and Unsecured Creditors’ Committees

Gissing North America – Lead Debtor Counsel in eight-debtor bankruptcy of multi-state, tier-one automotive suppliers resulting in successful going concern sales under Section 363 of the Bankruptcy Code.
LightRx Face & Body – Lead Debtor Counsel in 28-debtor bankruptcy of national med-spa chain resulting in successful sale to going concern buyer under Section 363 of the Bankruptcy Code.
VPH Pharmacy, Inc. – Lead Committee Counsel in bankruptcy of closed-door pharmacy that provided medications and consulting services to approximately 60 different assisted living centers, foster care facilities, retirement communities, and long-term care facilities.
Frank W. Kerr Company – successfully prosecuted involuntary bankruptcy petition against pharmaceutical wholesaler with sales in excess of $300 million annually pre-bankruptcy; served as Michigan Counsel to Official Committee of Unsecured Creditors in converted Chapter 11 case.
Lee Steel Corporation – Lead Committee Counsel in bankruptcy of steel producer with pre-bankruptcy sales in excess of $115 million.
Richfield Equities, L.L.C. – Lead Committee Counsel in bankruptcy of a vertically-integrated solid waste collection, transfer, disposal, and recycling company with operations in Michigan.
Trans-Industries, Inc. and affiliates – Lead Committee Counsel – Debtors were among the first and largest public companies to file for bankruptcy after the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.
Hog Brothers Recycling, LLC – Lead Committee Counsel in bankruptcy of metals recycler with pre-bankruptcy annual sales of $200 million.
Steel Parts Corporation – Lead Committee Counsel – obtained $600,000 payment from Debtor’s pre-petition lender on threatened fraudulent conveyance action without filing a complaint.
Waste Reduction by Waste Reduction – Lead Committee Counsel in bankruptcy of biohazardous and radioactive waste disposal company – obtained dividend to unsecured creditors through strategic involvement in sale process.
DriveSol Worldwide, Inc. and DriveSol Global Steering, Inc. – Lead Counsel for Informal Committee in out-of-court liquidation of global automotive manufacturer – obtained significant dividend to unsecured creditors through discovery of lender’s failure to record mortgages on several parcels of real estate in three states.
Empire Coach Enterprises – Lead Committee Counsel in bankruptcy of limousine manufacturer.
Billy Bob’s Gameroom Furnishings – Lead Michigan Committee Counsel – negotiated dividend to unsecured creditors two times that required by Debtor’s plan.

Corporate Restructuring & Bankruptcy

Practice Areas

We are experts in bankruptcy and restructuring businesses in and out of court.

Who Do We Represent?

Large or Small Business? We Can Help.

Michigan Creditors’ Rights

Successful Representation of Debtors and Unsecured Creditors’ Committees

Practice Areas

About Us

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