Our Creditors’ Rights and Bankruptcy Team is a recognized leader in providing strategic counsel to clients in all aspects of distressed financial transactions. Providing services in bankruptcy, receivership, out of court restructurings, and related financial services litigation to parties in the Northwest and nationally, Lane Powell works to obtain optimal outcomes and maximize recoveries. We have extensive experience representing financial institutions, secured creditors, private debt funds, special servicers, trade creditors, creditors’ committees, receivers, trustees, purchasers and borrowers in bankruptcy, receiverships, and other creditors’ rights matters. READ MORE
We have in-depth industry knowledge in technology, agriculture, hospitality, forestry, manufacturing, real estate, energy, utilities, media, and retail. Our team counsels clients in these and other industries on issues related to drafting and enforcement of loan documents, restructuring and bankruptcy, and receiverships or assignments for benefit of creditors. Chambers USA has recognized our team as a “highly rated player” for creditor representation.
Our team has extensive bankruptcy experience, representing secured creditors, trustees, debtors, creditors’ committees, DIP lenders, asset purchasers and other parties of interest in bankruptcy cases in the Northwest and throughout the U.S. We handle all aspects of bankruptcy cases, including cash collateral, adequate protection, relief from stay, 363 sales, DIP financing and plan confirmation. We represent parties in fraudulent conveyance, preference, breach of fiduciary duty claims, equitable subordination, lender liability actions and other bankruptcy-related adversary proceedings and litigation.
Our experience includes representing clients in international insolvency matters, especially in representing foreign receivers and trustees in Chapter 15 cases and cross-border workouts. In fact, Lane Powell filed one of the first Chapter 15 cases in the U.S. after its enactment and obtained the first order recognizing a foreign representative in the U.S. Bankruptcy Court.
Members of our team frequently participate as leaders and lecturers in numerous bankruptcy and turnaround professional organizations including the Turnaround Management Association, American Bar Association, ALI/ABA, American Bankruptcy Institute, Northwest Bankruptcy Institute, American College of Bankruptcy Attorneys, and American College of Commercial Finance Attorneys.
Lane Powell’s attorneys represent parties in all aspects of receivership proceedings. Our team’s vast experience representing petitioning creditors, court appointed receivers, secured lenders, loan servicers, asset purchasers, trade creditors, voluntary petitioners, and other parties in interest in receivership cases allows the team to provide efficient and effective counsel. Our experience includes guiding companies and creditors through effective reorganizations or orderly winddowns in receivership across many different industries including commercial real estate, hospitality, cannabis, agriculture and food services, retail, and manufacturing. The team is composed of recognized leaders in Northwest receivership practice who leverage their broad experience and relationships with many of the Northwest’s leading receivers to achieve their client’s goals.
When a company becomes financially distressed, our team of experienced attorneys routinely assists in all phases of out of court restructuring, workouts, and loan enforcement. From negotiating asset sales, refinancings, restructuring loans, forbearances, deeds in lieu, foreclosures, or orderly winddowns and other enforcement remedies, we provide strategic counsel to maximize value for the key stakeholders. Our team works collaboratively to plan for all contingencies while working to achieve a solution that fits the business and situation presented.
We have an outstanding track record for successfully representing financial institutions, creditors’ committees, agent banks, borrowers, prospective purchasers and others in state, federal, and bankruptcy litigation. Our experience includes matters related to:
Our Creditors' Rights and Bankruptcy Team has consistently been recognized as the “number-one creditor practice in the Seattle area” and “one of the largest and strongest bankruptcy groups” in the region by Chambers® USA: America’s Leading Lawyers for Business. One client enthused, “This team’s strength lies in simplifying complex legal matters, they are strong on follow-up and are exceptional at anticipating potential challenges and talking through them.” Another adds, “They are highly knowledgeable and put us in a position to make informed decisions and calculated risks when necessary.” We have also been highly ranked in the U.S. News – Best Lawyers® annual “Best Law Firms” survey, where sources describe Lane Powell as “second to none” in bankruptcy and recognize the firm for its “experienced, professional, personalized and effective counsel.”
The Best Lawyers in America© 2023 Recognizes 90 Lane Powell Attorneys
Three Lane Powell Attorneys Recognized by Super Lawyers in Alaska for 2022
Forty-four Lane Powell Attorneys Recognized by Super Lawyers in Washington for 2022
Fifteen Lane Powell Attorneys Recognized by Super Lawyers in Oregon for 2022
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