Business Bankruptcy and Creditors' Rights

Minneapolis Bankruptcy Lawyers - Creditors Remedies - Lapp, Libra, Thomson, Stoebner & Pusch

Careful Solutions for Diverse Business Legal Needs

Bankruptcy cases involve many complexities and variables which are often resolvable only through litigation. Clients turn to us because of our experience representing defendants in preference, fraudulent transfer and turnover litigation. We act on behalf of bankruptcy panel trustees in chapter 7 cases recovering assets for unpaid creditors. Our experience in chapter 11 reorganizations enables us to effectively represent secured creditors, landlords and creditors’ committees in those cases.

Among our experienced bankruptcy lawyers are two members of the Panel of Private Bankruptcy Trustee and a former law clerk for the United States Bankruptcy Court in the District of Minnesota. Members of the firm have published articles in various legal publications, and one of our members is the author of Minnesota Real Estate Law and Practice (West, 2002), Chapter 21—Real Estate in Bankruptcy.

Our knowledge of real estate and corporate law further enhances our effectiveness. We facilitate the implementation of creditors’ remedies in cases involving out-of-court financial reorganization or workouts. We have represented banks, lenders and landlords in crafting favorable win-win solutions.

The thrust of our bankruptcy litigation practice is most often the recovery of assets for creditors. We handle a variety of complex bankruptcy litigation matters, including defense of dischargeability cases, and bankruptcy appeals. In Bergquist v. Anderson-Greenwood Aviation Corp., we helped our client reach a successful result in a major piece of litigation concerning allegations of preferences and wrongful transers. Because of our reputation and depth of experience in these matters, we are often called upon to assume bankruptcy litigation and appeals initiated by others.

We have effectively argued many motions concerning relief from the automatic stay, use of cash collateral, post-petition financing, adequate protection, and countless other matters arising in or related to bankruptcy and reorganization cases.

To schedule a consultation on financial reorganization, or creditors’ remedies in bankruptcy, contact Lapp, Libra, Thomson, Stoebner & Pusch.