The lawyers in the Restructuring and Insolvency practice are leaders in their fields, and include several members of the American College of Bankruptcy. Our lawyers also serve as active members of and leaders in the American Bar Association, the American Bankruptcy Institute, and numerous other international, national, or local bar, insolvency, bankruptcy, and professional organizations.
Our diverse national and international practice includes transactions, planning, counseling, and litigation. We serve a broad range of clients, including lenders, borrowers, debtors, creditors, equity holders, committees, trustees, credit providers, asset purchasers, vendors, landlords, receivers, and other interested parties. Our clients include companies in virtually every industry, including manufacturing, financial services, health care, technology, engineering, publishing, entertainment, construction, and real estate.
Current economic realities have highlighted the importance of the debtor-creditor relationships common to all commercial activity, particularly scenarios where a debtor/counterparty lacks assets sufficient to pay all of its creditors in full. The complex web of legal and enforcement regimes vary considerably from jurisdiction to jurisdiction, notwithstanding the predominance of efforts at uniformity through the uniform commercial code, and state fraudulent transfer and the Bankruptcy Code.
K&L Gates’ Restructuring and Bankruptcy practice offers clients creative solutions by combining the firm’s bankruptcy experience with its proficiency in related areas like mergers and acquisitions, asset-based lending, secured transactions, distressed real estate, and intellectual property. The group’s core competencies include corporate reorganization, in- and out-of-court restructurings and insolvencies, debtor-creditor relationships, and bankruptcy, including litigating issues related to all of the above in bankruptcy court and in state court. The group’s collective experience on both the debtor and creditor side allows us to understand all sides of a problem or opportunity and to structure creative, informed, and practical solutions to protect and advance our clients’ interests. When appropriate, we can also call on the firm’s substantial resources in other areas, like health care, the Internet, environmental law, securities, tax, and ERISA, among others.
K&L Gates has extensive experience in representing debtors, creditors, and equity holders in connection with asbestos-related bankruptcy cases. Our lawyers bring a strategic, interdisciplinary, and integrated approach to asbestos-related bankruptcy cases, combining our substantial experience in representing debtors and creditors, defending against toxic tort and other product liability cases, pursuing insurance coverage for asbestos liabilities, national and regional coordination of the defense of asbestos cases, and transactional, tax, and securities counseling relating to the impact of asbestos claims.
K&L Gates has represented a diverse group of clients in the asbestos-related bankruptcies, including the debtors, their creditors, directors, officers, shareholders, parents, subsidiaries, affiliates, and future claimants’ representatives.