Financial Restructuring
Pullman & Comley's Financial Restructuring practice combines the talents and experience of the members of our Litigation, Commercial Finance, Real Estate, Bankruptcy, Tax and Securities practices in order to help our clients meet all of the legal challenges they face in today's economic climate. This integrated approach has allowed us to be involved in some of Connecticut's largest and most complex transactions brought upon by a troubled economy.
Our Financial Restructuring practice is prepared to provide the advice needed to address both the problems caused and the opportunities presented by an economic downturn. When it's time to look at the big picture of a troubled deal, our clients turn to Pullman & Comley's Financial Restructuring practice.
Representative Experience
- Conducting an orderly liquidation of a national cosmetic manufacturing company necessitated by the loss of financing
- Representation of a freight airline carrier whose fortunes took a downward spiral, along with the economy
- Foreclosures of major condominium projects in the midst of construction brought on by a downturn in the real estate market, implicating litigation with contractors and obligations to comply with successor declarant rights
- Representation of a classic car dealership in bankruptcy and litigation proceedings with its principal financier, caused by the failure of a major business transaction
- Reorganization of national auto parts manufacturer when downturn in sales, combined with asbestos liability, forced a Chapter 11 reorganization
- Representation of an investor in acquisition of troubled golf courses, implicating real estate, tax and bankruptcy considerations
- Representation of several regional lending institutions in foreclosures of multi-million dollar office buildings throughout Connecticut
- Representation of a creditor of an overextended real estate broker-developer, whose projects were moribund by a declining economy
- Reorganization of a national clothing retailer in a Chapter 11 bankruptcy, necessitated by an overly aggressive expansion into new markets caught in a downturn in the economy
Case Studies