Bankruptcy and Restructuring
Financial distress is an unavoidable fixture in today’s business landscape. Whether you are a creditor with a stake in a bankruptcy matter, a company experiencing its own financial stress, or an investor looking for opportunities to make an acquisition from a distressed situation, FBFK is uniquely prepared to offer you counsel to navigate all insolvency-related challenges and opportunities. We take a multidisciplinary approach to bankruptcy, financial restructuring and creditors’ rights, collaborating as needed with firm attorneys in a variety of disciplines –corporate, finance, real estate, employment, and litigation – to provide you with the most cost-efficient, intelligent solutions to your challenges.
Our Areas of Focus
- Representation of creditors, debtors, committees and other parties-in-interest in chapter 7 (liquidation) and chapter 11 (reorganization) cases
- Out-of-court restructuring and workouts
- Distressed asset purchases
- Transactional advice related to bankruptcy, out-of-court restructurings, and other creditors’ rights issues
- Bankruptcy litigation, including prosecuting and defending preference and fraudulent transfer claims and objections to claims
Our attorneys provide experienced guidance in assessing all stakeholder interests in distressed situations to maximize value and recoveries. While a consensual resolution is always the desired outcome, we realize it is not possible that in every case. In such instances, our attorneys are well-prepared to litigate and have substantial litigation experience in contested matters and adversary proceedings in bankruptcy courts, federal district courts, and federal appellate courts.
Our Bankruptcy and Restructuring Team
News & Events
Richard Spencer, who was recently reappointed as a Director for the Texas Bar College, reviews some of the most notable bills that were recently signed into law by Governor Greg Abbott.
Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”), parent of Axos Bank (the “Bank”), announced the election of Stefani Carter as an independent director of the Board of Directors of the Company and the Bank, effective August 31, 2021. Ms. Carter has extensive legal, corporate governance, commercial real estate, and public board experience.
Historically an employer-friendly state, Texas will recently experienced some unexpected changes that warrant close attention by employers. In a remarkable move, Texas Governor Greg Abbott recently signed two new bills into law, SB 45 and HB 21, that will expand employee protections pertaining to sexual harassment in the workplace.
Unfortunately, the Texas’ mechanic’s lien statutes are unnecessarily complicated and contain many traps for the unwary. Recently enacted House Bill 2237, however, provides some much-needed relief for subcontractors as well as for architects, engineers and surveyors but still leaves in place the basic statutory scheme