The Financial Restructuring & Bankruptcy attorneys of Shapiro Sher provide innovative and trenchant advocacy in all aspects of bankruptcy, creditors’ rights, and financial restructuring. Known for achieving favorable results, the practice advises businesses, secured and unsecured creditors, creditors’ committees, and financial institutions in reorganization and bankruptcy proceedings, workouts, refinancings, and restructurings. The practice is regional, national, and international in scope.

The Firm’s bankruptcy lawyers, admitted to practice before bankruptcy courts in numerous states, have represented clients throughout the country and abroad.

In all matters, the bankruptcy department’s representation is enhanced by the Firm’s robust practices in banking, real estate, corporate, and tax law, as well as litigation. Lawyers from multiple practice groups work in concert to help clients emerge from bankruptcy proceedings in strong financial condition. The Firm’s efforts have consistently led to outstanding results for a variety of debtor and creditor clients.

The Firm has served as counsel to creditors' committees in various bankruptcy cases, including:

• Frank’s Nursery and Crafts, Inc., a U.S. retail nursery and garden store chain.
• Sunterra Corporation, one of the world’s largest timeshare companies.
• Railworks Corporation, a national supplier to and servicer of the railroad industry.
• PhyAmerica Physician Group, Inc., a national physician practice management company.
• Creditrust Corporation, a collector and manager of defaulted consumer receivables.

The Firm has also represented debtors in numerous successful Chapter 11 reorganizations in a variety of industries. Past clients include the Combined Properties, Alleco Inc. (formerly Allegheny Beverage, Inc.), PharmaKinetics, Inc., the Best Battery Company, and Sunny’s Surplus. In addition, the bankruptcy department has served as Counsel to the trustees in the Chapter 7 cases of national retail chains Merry-Go-Round Enterprises and Just For Feet. The Firm currently acts as counsel for Joel I. Sher in his capacity as Trustee for TMST, Inc. f/k/a Thornburg Mortgage, Inc. and its affiliated debtors.

The Firm’s bankruptcy practice represents clients in cross-border insolvency cases and workouts. Joel I. Sher has acted as plan administrator and liquidating agent in the management and disposition of real estate and business interests in the United States, Australia, Spain, and the Netherlands.

To learn more about the Firm’s Financial Restructuring & Bankruptcy practice, please contact Joel I. Sher at jis@shapirosher.com.