Practice Areas > Bankruptcy and Insolvency-related Litigation

We represent investors and creditors in companies undergoing reorganization.
Our knowledge of corporate finance as well as bankruptcy law and proceedings has helped us carve a niche in the sphere of bankruptcy-related litigation representing clients who are or were investors or creditors in a company undergoing reorganization.

We have represented clients in many of the most well recognized bankruptcies, including Worldcom, Enron, Lehman Brothers, Linens, and Global Crossing among others.

We have been retained by bankruptcy trustees and official committees to investigate and commence litigation arising out of financial misrepresentation and fiduciary breach claims.

Representative Cases/Reported Decisions

In re Universal Automotive Industries, Inc. et al., U.S.Bkr.Ct., Dist. N.J. (2007), Represented trustee and secured lenders in claims against former officers and directors. Case resolved favorably for plaintiffs.

In re Acclaim Entertainment, Inc., et al., U.S.Bkr. Ct., E.D.N.Y. (2005);  Represented trustee in litigation against former officers and directors.  Case resolved favorable for trustee.

In re Allou Distributors, Inc., et al., U.S. Bk. Ct., E.D.N.Y. (2004),  Represented trustee and secured lenders in claims against former officers and directors.  Case resolved favorably for plaintiffs.

In re Worldcom, et al., U.S. Bank. Ct., S.D.N.Y. Case No. 02-13533 (2002); Represented patent owner in multimillion dollar claim for patent infringement.  Case resolved favorably for client.

In re Enron Corp. 292 B.R. 507, 2002 WL 31374717.  Shareholders filed suit against a corporation that withdrew from a merger agreement with the debtor corporation seeking to enforce the merger agreement. Case was settled for $6 million.

Arbor Place, L.P. v. Encore Opportunity Fund, L. L. C. Not Reported in A.2d, 2002 WL 205681 Investors in a hedge fund sued for misrepresenting the value of the investments. Case resolved favorably for plaintiffs.

Click here to read the article by Paul Wexler and Larry Eagel, “Gross Indifference: Evaluating Trustee’s Claims Against Indolent Officers and Directors,” American Bankruptcy Institute Journal (December/January 2006)