Practice Areas
Chapter 11 bankruptcy cases
Debtors
We represent business debtors seeking relief under Chapter 11 in all aspects of the bankruptcy case from pre-bankruptcy planning and filing the petition to formulating and negotiating plans of reorganization or liquidation. We also represent individual debtors in Chapter 11 bankruptcy cases.
Creditors
We represent all types of creditors, including, secured creditors, Unsecured Creditors & Committees and creditors with special rights or remedies under the Bankruptcy Code, such as landlords and suppliers. Our creditor representation covers all aspects of bankruptcy, for example, obtaining relief from the automatic stay, consensual and litigated adequate protection and cash collateral orders, filing involuntary petitions, lien enforcement, negotiating plan terms with debtors, non-dischargeability actions and claims litigation. We also represent Official Committees of Unsecured Creditors.
Debtor in Possession Lenders
We represent debtor in possession lenders, including, negotiating and documenting loan documents and financing orders, monitoring compliance and litigating enforcement proceedings.
Principals and Shareholders
We represent principals and shareholders of debtor businesses in all aspects of bankruptcy cases. We also defend principals and shareholders in bankruptcy litigation, including, avoidance actions, actions to pierce the corporate veil and other state law actions.
Chapter 7 business bankruptcy cases
At Ashford Schael LLC, our Chapter 7 practice is limited to what we do best — representing business debtors seeking relief under Chapter 7, representing creditors of Chapter 7 debtors and representing defendants sued by Chapter 7 bankruptcy trustees.
Business and Asset Purchasers
We represent purchasers of bankruptcy assets and entire businesses through bankruptcy section 363 sales, Chapter 7 liquidations and Chapter 11 plans, including, negotiating and documenting asset purchase agreements, evaluating sale terms and bidding at bankruptcy section 363 sales.
Bankruptcy Litigation
We represent plaintiffs and defendants in all types of bankruptcy litigation including, non-dischargeability actions, shareholder disputes, avoidance actions, state law actions, and turnover proceedings. We also have extensive experience litigating contested bankruptcy matters, including, lien disputes, adequate protection, stay litigation, and claims objections.
Call Ashford Schael at 908-232-5566 to speak to a bankruptcy attorney or contact us by email.