Welcome to the Restructuring Debt Review. The purpose of this blog is to provide timely and substantive updates on and assessments of developments in the law and policy relating to troubled businesses and distressed debt. Many of the posts will discuss recent developments under the Bankruptcy Code. However, the scope of this blog will be broader, and will include legal developments under state and federal law relating to distressed real estate and going concern assets, and lenders’ rights with respect to distressed assets. We will take every opportunity to discuss trends in the local, regional, national, and international markets relating to distressed debt, and the influences of the distressed debt market and claims trading on the likelihood of a successful restructuring by borrowers and the ability of lenders to maximize recoveries on their claims and minimize credit exposure.

This area of the law punishes those who sit back and wait. If you are a lender or debt holder, there are steps you can and should take to protect your rights as you try to reach a consensual agreement with your borrower. If you are a borrower looking to right-size your business, waiting until the very last minute to engage counsel can foreclose any chance of a restructuring. Many of the issues addressed in this blog are ones that our attorneys have handled in one capacity or another. Bankruptcy isn’t an outcome as much as it is a process. At its best, it can facilitate a turnaround and provide a debtor with a fresh start.

We look forward to sharing our posts with you.

– The Stoel Rives Restructuring Debt Review Blog team

Todd FriedmanTodd FriedmanAssociate503.294.9327EmailTodd's Linkedin ProfileTodd Friedman brings to his practice of the law deep operational and managerial experience stemming from his prior career in corporate management, technology, international supply chain and venture capital. He draws upon this experience to offer clients a well-rounded approach where law and business intersect. More
Gabrielle GlemannGabrielle GlemannOf Counsel206.386.7530EmailGabrielle's Linkedin ProfileGabrielle Glemann has extensive experience in corporate restructuring and distressed debt transactions and has represented debtors, trustees, examiners, and secured and general creditors in chapter 7 and chapter 11 bankruptcies and related proceedings.More
John GlowneyJohn GlowneyPartner206.386.7623EmailJohn's Linkedin ProfileJohn Glowney focuses his commercial litigation and creditors' rights practice on contract and business disputes, secured transactions and franchise disputes. He has represented numerous banks and lenders in loan workouts, foreclosures, receiverships and bankruptcies. More
Richard GoldfarbRichard GoldfarbPartner206.386.7639EmailRichard Goldfarb has a national reputation for expertise in all manner of commercial transactions, with particular emphasis on secured financing and sales and leases of goods. He has been active in the food and agricultural sector for over 25 years, and has done extensive work for clients in the dairy, fruit and biofuels industries, as well as lenders to farmers, packers and agricultural cooperatives. More
Oren HakerOren HakerPartner503.294.9338EmailOren's Linkedin ProfileOren Haker is a corporate bankruptcy lawyer who keeps a copy of the Bankruptcy Code within reach at all times. He has advised investors and purchasers on distressed debt opportunities and companies and lenders on out-of-court and in-court financial restructurings and corporate reorganizations. More
Andrew PieperAndrew PieperAssociate612.373.8898EmailAndrew's Linkedin ProfileAndrew Pieper represents diverse clients, including multinational corporations, small businesses, and individuals, in a broad range of business, natural resources, and environmental litigation in state and federal jurisdictions. More