Bankruptcy Debtor/Creditor Rights

We have a long track record of helping clients navigate their changing business challenges. Our team includes one of only 7 Sacramento attorneys that have been certified by the State Bar of California Board of Legal Specialization as a Specialist in Bankruptcy Law.

Our attorneys represent secured lenders, financial institutions, and other sophisticated investors in structuring and restructuring financial products to limit bankruptcy and commercial risks. Our clients include creditors, debtors, private and public debt and equity holders, creditor committees, equity committees, trustees, examiners, landlords, lenders, financial institutions, and purchasers of assets from troubled companies. We advise clients on the structure and bankruptcy implications of proposed transactions (including mergers and acquisitions), collateralized debt obligations, trade receivables, structured financings, mortgage loans, and other transactional work. We counsel debtor clients through the bankruptcy process in Chapters 7 and 11. We also advise prospective debtors regarding alternatives to bankruptcy, including assignments for the benefit of creditors (ABCs).

Kronick attorneys have handled every aspect of a deal and can successfully navigate the key issues involved in acquiring businesses in and out of bankruptcy. We have also counseled investors on acquiring debt positions in distressed companies to gain control over companies through the bankruptcy reorganization process.

Bankruptcy Litigation

Kronick’s experienced litigation attorneys handle matters involving bankruptcy and creditor/debtor issues in federal and state courts. We represent debtors, creditors, committees, fiduciaries and lender groups in a range of disputes: complex litigation, creditors’ rights and claims, avoidance actions, and confirmation and valuation issues. We develop cost-effective strategies to meet the specific needs in each case and employ a full range of options, including negotiation, mediation, and litigation to achieve the best results for our clients.