WSMLEGAL approaches all bankruptcy matters with one objective – to maximize its clients’ economic interests. Successfully navigating a bankruptcy, whether as a creditor or debtor, requires a command of the applicable laws to form a customized strategy, as well as the ability to implement that strategy. While most firms approach bankruptcy as a transactional practice, WSMLEGAL approaches it as both a transactional and litigation practice. With that approach, clients are able to implement their strategies by utilizing a larger arsenal of tools to either collect money owed or to reorganize debts.
WSMLEGAL has a robust creditor practice. It has experience successfully filing adversary proceedings for nondischargeability, preference and fraudulent transfer actions, requests for relief from stay, requests for the appointment of trustees, objections to plans to get better plan terms or in furtherance of filing a competing plan, and requests for dismissal or conversion of the bankruptcy. WSMLEGAL, through mutually beneficial agreements with debtors and through court-decided disputes within the bankruptcy, has helped creditors maximize collection of debts in bankruptcy.
While a smaller practice, WSMLEGAL also has experience representing debtors in both Chapter 11 and Chapter 7 cases. From corporate and individual reorganizations to corporate liquidations, WSMLEGAL guides its clients through the bankruptcy process. While each client’s goals in filing for bankruptcy protection are different (from additional time to relief from some debts to restructuring the business and its focus), WSMLEGAL has the experience with the Bankruptcy Code and in court to give each client the best opportunity to achieve those goals.
WSMLEGAL’s insolvency practice is predicated on the idea that, much like litigation, operating successfully in bankruptcy court is about story-telling and leverage. WSMLEGAL will tell the right story and apply the right leverage to achieve its clients’ goals.