Bankruptcy, Restructuring & Creditors' Rights

Overview

Potter Anderson restructuring attorneys are recognized as among the finest in Delaware and regularly serve as lead and Delaware counsel to distressed companies, official committees of unsecured creditors, secured and unsecured creditors/lenders, purchasers, significant creditors, and other parties-in-interest.  Potter Anderson restructuring professionals are committed to providing superior quality and pragmatic advice to maximize value for our clients. 

Potter Anderson attorneys are recognized as leaders regarding disputed questions of internal corporate governance and fiduciary duties and routinely advise boards of directors and management with respect to their obligations under Delaware law, including in distressed situations.  As a result, Potter Anderson is well positioned to advise boards, special committees, management teams, official committees, and creditors in transactions contemplated by chapter 11 plans or 363 sales, as well as in company/creditor side investigations.

Potter Anderson is also the go to firm in Delaware for official committees of unsecured creditors across all industries and business sectors seeking to maximize unsecured creditor positions and returns in chapter 11 cases.  No other firm in Delaware has the collective experience of Potter Anderson attorneys in this area.  

Potter Anderson attorneys consistently represent clients in complex commercial litigation spawned by bankruptcy, including valuation proceedings, fraudulent conveyance cases, corporate breach of fiduciary duty cases and multi-million dollar preference actions.

What separates Potter Anderson from its competitors is the firm’s ability to understand and appreciate all constituents’ positions in a transaction or litigation. This deep understanding based on years of experience allows Potter Anderson to carefully craft solutions to maximize value for its clients.  Further, through years of courtroom experience representing a variety of clients, Potter Anderson “is up to speed on all cutting-edge issues”, consequently, client’s and co-counsel regularly seek out Potter Anderson’s advice on Delaware precedent and practice, including court preferences.