Bankruptcy & Creditors’ Rights

Leech Tishman is well-respected, both regionally and nationally, as a major force in the areas of business bankruptcy and creditors’ rights. With over 50 years of combined experience, our seasoned lawyers provide advice and counsel to financial institutions, bankruptcy trustees, trade creditors, creditors’ committees, debtors, and purchasers of assets and claims in Chapter 11 bankruptcies, state court receiverships, liquidations and other insolvency proceedings, as well as out-of-court workouts and restructurings.

Our team of professionals has a solid understanding of the complexities governing bankruptcy and creditors’ rights issues and has represented clients in many local and national high profile cases.

Leech Tishman has been ranked by U.S. News & World Report’s Best Lawyers “Best Law Firms” as a Tier 2 firm in the “Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law” and “Litigation-Bankruptcy” categories in Pittsburgh.

* The U.S.News – Best Lawyers “Best Law Firms” rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, peer review from leading attorneys in their field, and review of additional information provided by law firms as part of the formal submission process. To be eligible for a ranking in a particular practice area and metro region, a law firm must have at least one lawyer who is included in Best Lawyers in that particular practice area and metro. For more information on Best Lawyers, please visit bestlawyers.com.

Our experience includes:

  • Bankruptcy Planning, Proceedings and Litigation
      • Representation of Commercial Debtors in All Facets of the Bankruptcy Process
        • Pre-bankruptcy Planning
        • Obtaining Cash Collateral and Debtor-in-Possession Financing
        • Formulating and Obtaining Confirmation of Plans of Reorganization and Plans of Liquidation
        • Claims Administration and Distribution
      • Representation of Creditors’ Committees
        • Successfully Blocking Motions for Relief from Stay by Secured Creditors Leading to Distribution for Unsecured Creditors
        • Aggressively Negotiating Distributions to the Class of Unsecured Creditors
        • Prosecuting Avoidance Actions
      • Representation of Secured Creditors
        • Obtaining Relief from Stay
        • Negotiating Protections for Cash Collateral
        • Negotiating Debtor-in-Possession Financing
      • Representation of Trade Creditors
        • Defending Avoidance Actions
        • Filing and Obtaining Distributions for Section 503(b)(9) Claimholders
        • Securing Critical Vendor Status
      • Representation of Landlords
        • Litigating Assumption or Rejection of Unexpired Leases
        • Obtaining Payment from Debtors-in-Possession
      • Representation of Bankruptcy Trustees
        • Estate Administration
        • Liquidation of Assets by Auction and Private Sale
        • Prosecution of Avoidance Actions
  • State Court Receivership and Foreclosure
      • Seeking Appointment of Receiver to Protect Interests of Lender
      • Representation of Receivers
      • Protecting and Preserving Business Property for Benefit of Creditors
  • Turnarounds, Workouts, and Restructurings
      • Negotiating, Restructuring, and Documenting of Defaulted Loans Outside of Bankruptcy Representing both Lenders and Debtors
  • Liquidation and Insolvency
      • Winding Up Business in Orderly Fashion Outside of Bankruptcy in the Most Advantageous Manner Possible to the Equity Holders, Creditors, and Employees