From multi-million dollar reorganizations of publicly traded companies to multi-billion dollar bankruptcies driven by mass tort litigation, our attorneys have assisted clients in resolving some of the most complex, high-profile cases in the country. At Neligan LLP, we are committed to serving as your advocate, helping you evaluate the range of options available in order to develop a sound strategy that will meet your business goals.
The attorneys at Neligan LLP have provided successful debtor representation for clients within a wide range of industries, including retail, manufacturing, oil and gas, healthcare and medical products, financial services, media and communications, hospitality, real estate, and professional sports. We provide comprehensive debtor representation, assisting clients in forming reorganization plans, negotiating with secured lenders, suppliers, and bondholders, liquidating assets and resolving liabilities in a timely and efficient manner. Our attorneys can also negotiate forbearance agreements, purchase and sale agreements, debt restructurings and debtor-in-possession financing. Acting as debtor’s counsel, our firm has helped numerous clients emerge from Chapter 11 as stronger, leaner and more profitable organizations.
Neligan LLP has successfully helped small business owners reorganize under Subchapter V of Chapter 11 of the Bankruptcy Code, which allows small business owners with less than $7.5 million in debt to reorganize under Chapter 11 much more efficiently than a larger business. The debt threshold for Subchapter V small business cases was increased to $7.5 million as part of the Covid relief packages approved by Congress and has been extended through June 21, 2024. After that date, unless the increased debt threshold is extended again, the threshold will revert back to the $3.024 million threshold contained in the Bankruptcy Code. Therefore, it is to a small business owner’s advantage to file a bankruptcy case to reorganize under Subchapter V before the $7.5 million threshold expires.
To review representative cases, please review our Case Studies.