Business Restructuring & Insolvency

The group’s expertise includes litigation regarding officers and directors’ liability, lender liability, complex preferential and fraudulent transfers, and other commercial and business tort litigation. Clients of the group include business debtors, liquidating trustees, creditors’ committees, parties acquiring distressed businesses, and other parties affected by insolvency proceedings. Business restructuring and insolvency attorneys work regularly with colleagues in the firm’s Business Law, Litigation, Mergers & Acquisitions, Finance, Intellectual Property and Land Use & Environmental practice groups to prosecute and defend complex litigation issues, structure sophisticated transactions, and provide strategic legal and business counsel to financially distressed entities and those who deal with them.

The group’s senior member and co-chair is a fellow of the American College of Bankruptcy, the practice area’s highest honor, and the 2009-2010 president of the American Bankruptcy Institute. The group’s attorneys are members of the ABI and the Turnaround Management Association, as well as other professional associations dedicated to insolvency issues and restoration of corporate value. Two attorneys are certified in Business Bankruptcy by the American Board of Certification. Group members have been recognized in Best Lawyers in America and Chambers USA, as some of the top corporate bankruptcy attorneys in Maine.

A specialty within our broader business restructuring practice, Bernstein Shur’s Complex Bankruptcy Mediation & Fiduciary Services team is well known and respected for finding pragmatic and cost-effective solutions to complex domestic and cross-border cases.

Having presided over cases in many industries—including agriculture, paper, manufacturing, retail, electrical transmission, railroad, petroleum, and natural gas—retired U.S. Bankruptcy Judge Louis H. Kornreich brings a wealth of experience in mediation, consulting, and fiduciary services to the team.

Additionally, Robert J. Keach, chair of our Business Restructuring & Insolvency Practice Group, is a seasoned provider of fiduciary services, having been the trustee for Montreal, Maine & Atlantic Railway and the fee examiner for American Airlines. He is also a fellow of the American College of Bankruptcy, the practice area’s highest honor, and was the 2009 – 2010 president of the American Bankruptcy Institute.

Judge Kornreich is a registered mediator with the U.S. Bankruptcy Court for the Southern District of New York, District of Delaware and District of Massachusetts.