Bankruptcy and Creditors’ Rights
Krebs Farley's bankruptcy practice focuses on representing creditors, sureties, and secured creditors in a wide range of bankruptcy and creditors’ rights matters, including workouts, insolvency proceedings, and Chapter 11 reorganizations.
With the aggressive protection of our clients’ interests foremost in mind, we maximize the value of their collateral, seeking relief from stay orders, enforcing security interests, and negotiating the foreclosure, acquisition, sale, and lease of real property.
Part of our bankruptcy practice involves litigating preference and fraudulent transfer matters. To this end, we conduct in-depth analyses of the creditor/debtor relationship and the intentions surrounding the transfer, and then utilize that information—along with our consummate trial skills—to achieve a favorable resolution for the client.
Leveraging our extensive experience in this area, we also prosecute claim-related litigation in bankruptcy, reorganization, and state court insolvency proceedings, and litigate commercial disputes involving insurance coverage, labor contracts, employee benefits, and the enforcement and defense of guarantees.
- Krebs Farley’s founding partners selected by their peers for inclusion in The Best Lawyers in America© 2015August 2014The Best Lawyers in America© 2015
- In re Cajun Electric Power Cooperative, Inc., U.S. Bankruptcy Court for the Middle District of Louisiana, No. 94-2763-B2
In the bankruptcy of Cajun Electric, the firm acted as lead litigation counsel for a consortium of bidders who were successful in acquiring electric power generating assets of Cajun Electric for a purchase price of $1 billion.