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Creditors' Committees and Trustees
Representing an official committee of unsecured creditors requires proactive, innovative counsel, so that the interests of all unsecured creditors are fully protected. Our lawyers are experienced in the diverse issues that creditors’ committees typically confront – from cash collateral, debtor-in-possession financing, and other “first day” issues that often establish the framework for much of the ensuing case, to plan negotiation, litigation trusts, and other confirmation issues that directly affect the rights of unsecured creditors. Because creditor committee representation often encompasses non-bankruptcy issues, our bankruptcy lawyers regularly consult with and involve lawyers in other practice areas in order to provide our creditor committee clients with comprehensive, high-quality, and cost-effective representation.
On many occasions, our firm has been retained by bankruptcy trustees or other appointed estate representatives. In those instances, we have assisted in sales of assets, prosecution of preference actions, litigation of fraudulent transfer actions, implementation of liquidating trusts, claims analysis, and other services necessary to reorganizing or liquidating a business. One of our lawyers has served as a panel trustee in the United States Bankruptcy Court for the Southern District of Ohio for more than 20 years.