Distressed Workouts

Companies in financial distress need more than technical restructuring advice. They need counsel that has spent years navigating the pressure points, lender dynamics, and litigation risks that define distressed situations. We have represented clients across the full spectrum of distress for many years, including lenders, borrowers, owners, and investors confronting liquidity crises, covenant defaults, operational instability, and imminent insolvency. We understand how quickly leverage can shift in these environments and how early decisions determine whether value is preserved or lost.

A central feature of our practice is the disciplined use of pre-negotiation agreements. Before any discussion with lenders or major counterparties begins, we ensure that our client’s rights are protected, that no inadvertent admissions or waivers occur, and that the negotiation framework is clearly defined from the onset. These agreements create the necessary guardrails for a controlled workout process, reducing litigation exposure, preserving strategic flexibility, and allowing clients to explore restructuring options without compromising their legal position.

Our approach is informed by years of litigating the very disputes that often arise when distressed negotiations go wrong: lender-liability claims, enforcement actions, control fights, contested forbearance agreements, and mismanaged receiverships. That experience allows us to anticipate the points of friction long before they surface and to structure solutions, whether negotiated or court-supervised, that minimize risk and maximize recoveries. We guide clients through workouts, restructurings, asset sales, governance transitions, and wind-downs with a focus on clarity, timing, and practical execution.

Our work includes:

  • Pre-Negotiation Agreements

  • Distressed Loan Workouts

  • Distressed Real Estate Workouts

  • Distressed M&A Workouts

  • Receivership Representation

  • Dissolution Proceedings

  • Exit Financing