Bankruptcy and Creditors' Rights

When a company faces a financial crisis, everyday-operating procedures can become a struggle. Credit is increasingly restricted, the ability to make payroll is in doubt, paying vendors on time is nearly impossible and overall morale suffers as a result of these financial difficulties.

At Keevican Weiss & Bauerle LLC, we have a unique approach to break the snowball effect of a financial crisis. Through the experience of our lawyers and the use of our ancillary business, Renaissance Partners, our capabilities reach beyond the scope of traditional legal services.

Renaissance Partners focuses on identifying problem areas in businesses and, through the use of financial and operations experts, suggests changes that have an immediate impact on the bottom line. Renaissance Partners also has the ability to find new financing or new equity that can alleviate the financial pressures which are strangling the business and, in the event refinancing cannot be found, it has the investment banking experience to find a buyer for the business as a going concern.

Some recent matters include:

• Currently representing a European corporation regarding commercial contract damages in excess of $1,500,000 asserted against a California corporate debtor in a bankruptcy case pending in the Central District of California.
• Currently representing the primary secured creditor of the largest construction bankruptcy case filed within the last 5 years within the Western District of Pennsylvania. Successfully prevented the debtor from using the client's collateral, preventing further losses and resulting in conversion of the debtor's case to a case under Chapter 7 in the bankruptcy code.
• Successfully represented the purchaser of a graphite manufacturing division in a sale conducted under section 363 of the bankruptcy code.