Bankruptcy
Protecting Value. Guiding What Comes Next.
Bankruptcy and restructuring matters are often inflection points — where the right legal strategy can stabilize operations, preserve value, and shape what comes next.
With a combined 125+ years of experience in bankruptcy restructuring and litigation, Carrington Coleman advises companies, lenders, creditors, and fiduciaries through complex financial distress with disciplined, business-focused counsel. We bring clarity to high-stakes situations — translating complexity into straightforward, actionable guidance so leaders can make informed decisions with confidence.
We work with clients both before and during formal proceedings, from early-stage liquidity challenges to complex Chapter 11 cases. Our focus is not just on navigating the process, but on preserving enterprise value, protecting stakeholder interests, and positioning our clients for the strongest possible outcome.
With experience spanning restructuring strategy, distressed transactions, and bankruptcy litigation, we deliver integrated counsel across the full lifecycle of a matter. Whether negotiating a workout or pursuing contested proceedings, we remain steady, responsive, and focused on what drives results — helping clients move forward with clarity and purpose.
Areas of Focus
- Chapter 11 restructurings, reorganizations, and liquidations
- Out-of-court workouts, restructurings, and covenant negotiations
- Representation of debtors, secured lenders, creditors, and committees, including strategies to protect collateral and maximize recoveries
- Distressed transactions, including Section 363 sales, acquisitions, and strategic asset dispositions
- Bankruptcy-related litigation, including avoidance actions, contested matters, and disputes leveraged to drive resolution
REPRESENTATIVE MATTERS
- Represented companies in the discharge of hundreds of millions of dollars in debts in various industries, including real estate, hotels, construction, fabrication, automotive and home servicers, retail, and others
- Pursued fraud, breach of duty, fraudulent transfers, and preferential claims on behalf of various debtors and Chapter 7 Trustees
- Recovery of millions in bankruptcy dividends for various investors and suppliers after successful defense of claims contested by the bankruptcy estates
- Defended a large regional firm against claims brought by the bankruptcy trustee of a former client alleging the firm aided and abetted the client’s allegedly fraudulent business practices — the plaintiff sought over $129 million in damages.
- Represented buyers of distressed bankruptcy assets on the purchase of real estate, intellectual property, estate causes of action, construction supplies and inventory, and oil and gas affiliates and interests
- Assisted individual debtors in the discharge of millions of dollars in alleged fraud debts and represented creditors in other cases in successfully preventing the discharge of millions more
