RAWLE & HENDERSON provides services to trustees, receivers, creditors, committees, asset purchasers, lenders, lessors, licensors and shareholders in bankruptcy and other insolvency proceedings, such as Chapter 11 and Chapter 7 federal bankruptcy cases and state court receiverships. The Firm has provided guidance and counsel to business, institutional and individual clients in reorganizing and resolving their own financial affairs and difficulties as well as dealing with those of their clients and customers.
The Firm has experience dealing with all aspects of financial disputes and difficulties, both in and out of court. As a result, the Firm is able to assist clients in matters from the earliest stages of economic challenge. We analyze the financial problems of businesses and devise plans to resolve the problems between companies and their creditors.
RAWLE & HENDERSON’s insolvency practice is regional. We have played significant roles in major cases in Delaware, Pennsylvania and New Jersey. We work regularly with clients through all phases of the reorganization or liquidation of troubled businesses. Examples of industry sectors in which we have assisted clients in insolvency matters include: transportation, industrial and manufacturing, communications, financial, international trade, retail, media, technology, energy, and real estate.
The Firm assists creditors in all aspects of the negotiation, restructuring, enforcement, collection and liquidation of all types of loans and claims. Our practice includes enforcement of creditors' rights and defense and prosecution of preference, fraudulent transfer, lender liability, discharge, environmental, and director fiduciary duty claims as well as stay litigation concerning foreclosure proceedings and foreign and domestic litigation or arbitration matters.
Our representations in insolvency cases include assisting clients with transactions in the insolvency arena including claims trading and asset acquisitions in bankruptcy. We also assist clients in structuring their relationships with customers and trade partners to prevent or minimize losses due to insolvency.
Representative Cases
Assist a ship design firm in successfully preventing the bankruptcy sale of a vessel to insiders and assist in successfully prosecuting claims for prepetition services in bankruptcy court.
Defend trucking companies in preference, fraudulent conveyance and overcharge litigation commenced in Delaware bankruptcy court.
Assist an ocean carrier in resolving title and potential multiple liability with regard to competing claims to containerized goods.
Represent trustees in locating, recovering and liquidating assets.
Represent former officers and directors in recovery of claims for key employee retention bonuses and benefits.
Assist trustees and debtors-in-possession as special maritime counsel.
Assist client in preparing a competing bid to purchase assets from a bankruptcy estate.
Represent a raw materials supplier in recovering outstanding balance pre-bankruptcy filing and structure the payment so as to avoid preference liability.
Assist top-twenty trade creditor in getting appointed to the Official Committee of Unsecured Creditors and advise it with respect to its responsibilities.
Assist trade creditor in its role as Chair of the Official Committee of Unsecured Creditors.
Publications
News & Events
Seitz joins faculty for Landlord-Tenant seminar in Wilmington
05/15/12
Gary F. Seitz will be a presenter at the 9th Annual Residential Landlord-Tenant Law seminar in Wilmington, Delaware on May 15, 2012.