When faced with the prospect of financial distress, international businesses must respond quickly to achieve relief and remain solvent. To this end, Foreign Representatives and interested parties need nimble, experienced legal counsel to resolve the challenges posed by Chapter 15 cross-border insolvency proceedings.
The addition of Chapter 15 to the Bankruptcy Code provides a pathway to the resolution of international bankruptcy claims and Akerman offers a rare depth of experience and leadership in the cross-border arena. Foreign Representatives turn to us for help with Chapter 15 challenges, which can be triggered by a wide variety of business needs—from recovering assets in the United States to suspending U.S.-based creditor actions while a cross-border insolvency plays out.
Our lawyers partner with clients to develop sound solutions to even the most complex cross-border insolvency issues. Backed by our nationwide Bankruptcy and Reorganization Practice Group, we can readily staff large matters in virtually any location and we have an accomplished track record in bankruptcy litigation.
Our national practice includes offices in Florida and New York, which are among the most active jurisdictions for Chapter 15 cases. We are ranked Tier One in the United States in Bankruptcy Litigation by U.S. News-Best Lawyers and members of our team have been consistently recognized as leaders in the field by Chambers USA.