Bankruptcy and Reorganization
During times of financial stress, experienced, effective and efficient legal counseling is of vital importance. This is true on both the debtor and creditor side of restructuring, insolvencies, reorganizations and other challenging events. Businesses and individuals alike in Puerto Rico turn to Estrella, LLC’s Bankruptcy and Reorganization Practice Group for that critical advice and counseling.
The Estrella, LLC Advantage
Estrella LLC’s Bankruptcy and Reorganization Practice Group offers several advantages over the competition:
- Breadth of Practice: We undertake insolvency and restructuring work on behalf of all affected constituents such as debtors, official and unofficial creditors’ committees, individual creditors, financial institutions, officers and directors of financially distressed companies, administrators, vendors, customers, liquidators, receivers, examiners, landlords, tenants, bondholders, and equity security holders. How does this help our clients? No matter what side of the table you are on, we understand the needs, motivations, strategies, and techniques used by all other parties. Also, solutions to financial crises are growing increasingly complex, and often require skilled negotiation and close cooperation among the various parties to result in the best financial return for all. Our experience in representing all sides in insolvencies and restructurings means that such negotiations can go faster and more smoothly. And, should your matter require litigation, our group includes a team of seasoned trial lawyers with a wealth of experience in bankruptcy and other complex commercial litigation for a wide range of clients.
- Related Practice Strengths. Today’s complex financial crises require more than experience with bankruptcy law. Tax, real estate, corporate, employment and benefits, banking, construction, insurance, environmental, intellectual property and other areas of the law can play a critical role in realizing the greatest financial return in a given case. Estrella, LLC has the depth and strength to handle any matter, regardless of its complexity.
- Reputation for Excellence. Estrella, LLC is well-known in the Puerto Rico community of insolvency and reorganization professionals. Our lawyers are leaders in local and national bar associations and other professional groups, including the Puerto Rico Federal Bar Association, Puerto Rico Bankruptcy Bar, the American Bankruptcy Institute and the National Institute for Trial Advocacy. Our experience and reputation means that counsel for other parties in a given case know that we will aggressively represent our clients’ interests, which can aid in negotiations and settlements.
Premium Bankruptcy and Reorganization Practice in Puerto Rico
Debtor and Creditor Representation
The core of our bankruptcy practice is representing debtors and creditors in efforts to restructure and rehabilitate distressed businesses or liquidate assets in a manner that preserves and maximizes their value.
Our representation includes advice on all aspects of Chapter 11 proceedings, as well as out-of-court restructurings and recapitalizations and pre-negotiated workouts. Our experience allows clients to fully evaluate the risks, benefits, challenges and opportunities available in restructuring proceedings, whether in bankruptcy court or at the negotiating table.
On the debtor side, we assist financially troubled corporations, business entities, and individuals with evaluating options and negotiations with creditors. We help with asset sales, debtor-in-possession and other financing, debt restructuring, valuation, and other issues that affect maximizing value for the client.
Our creditor’s practice extends to the following areas: debt workouts, cram-down litigation, litigation of a wide array of adversary proceedings including Automatic Stay violations, Petroleum Marketing Practices Act (“PMPA”) violations, collections, evictions, recovery of collateral, injunctions, Declaratory Judgments, and the representation of creditors and other interested parties such as stockholders, corporate officers, creditors’ committees, landlords, and tenants in bankruptcy matters including creditor discharge litigation, objections to proposed plans of reorganization, and bankruptcy preference defense.
Bankruptcy-Related Transactions
We frequently represent entities interested in acquiring troubled companies or their assets. We assist with the structuring, negotiation and documentation of these transactions, as well as counseling on their bankruptcy implications.
We also are experienced in assisting clients in real estate workouts, restructurings and bankruptcies. The Bankruptcy Code includes numerous real estate-related provisions that affect many aspects of transactions, including assignment of rents, foreclosure, leasehold interests and receiverships. Our clients include owners, landlords, tenants and developers, as well as lenders.
