Monroe Law Firm has extensive experience in representing both debtors and creditors in bankruptcy cases, workouts, restructurings, and related litigation. Our bankruptcy expertise extends to all aspects of representing Chapters 11, 7 and 13 bankruptcy practice including post-petition financing, cash collateral issues, asset sales, valuation disputes, motions for relief from automatic stay, lien stripping, preference and fraudulent transfer litigation, motions concerning the assumption and assignment of executory contracts and unexpired leases, negotiating plans and plan confirmation proceedings, and filing claims and claims litigation. We have represented clients in bankruptcy cases in all California bankruptcy courts and in Washington, Nevada, Arizona, Texas, Colorado, Pennsylvania, and Delaware. 
   
    We also have extensive experience in the restructuring and workout of loans outside of bankruptcy, including unsecured loans and loans secured by real and/or personal property collateral. We have successfully represented both creditors and debtors in negotiating and implementing forbearance agreements, modification agreements, partial and complete collateral liquidation arrangements, downsizing plans, intercreditor agreements subordinations, recapitalizations, and collateral additions. Our expertise in this area permits us to efficiently analyze and address all creditors' rights issues as they arise in this context and to anticipate and prepare for potential bankruptcy issues that may arise in the event that a bankruptcy follows the loan workout.

Representative Experience

• Successful representation of corporate debtors in restructuring under Chapter 11.
• Counsel to financial institution in successfully restructuring and obtaining payment in full of $15 million secured line of credit to manufacturer.
• Counsel to primary manufacturer of debtor's products in pre-bankruptcy recovery action and subsequent Chapter 11 case. Successfully represented manufacturer in obtaining $1 million payment and in restructuring its manufacturing agreement with the debtor prior to bankruptcy. Also, successfully defended manufacturer against preference action brought by bankruptcy estate to recover more than $2 million.
• Counsel to debtor in successfully restructuring its $18 million secured line of credit without a bankruptcy filing.
• Counsel to financial institution regarding $118 million claim secured by real estate and personal property assets of a Chapter 11 debtor. Recovered payment in full through collateral liquidation.
• Successful representation of bank in workout of $10 million loan secured by rental car fleet by a combination of debt modification, collateral liquidation, and recapitalization of borrower.
• Successful representation of purchasers of troubled companies through bankruptcy.
• Successful representation of lenders in post-petition loans to debtors.
• Successful representation of creditors in numerous motions for relief from stay regarding both real and personal property collateral.
• Successful representation of creditors in defense of numerous preference and other avoidance actions.

Practice Areas

Creditors' Rights and Collections - Commercial Litigation - Real Property Litigation and Foreclosures