Business Workouts and Recapitalizations

Preserving the Viability of Businesses

As a leading business bankruptcy law firm, Rayburn Cooper & Durham have a great deal of experience in advising financially-troubled companies. In their work, the firm's attorneys look for ways to maintain the viability of cash-strapped firms through business workouts, recapitalizations, and restructurings. Sometimes, the financial problems a client faces require more drastic action than just a commercial loan workout. When a commercial loan workout is not an option, they advise clients in bankruptcy proceedings or in the sale of all or part of the client's business operations.

Finding the Root of the Problem

Often, the firm finds that financial insolvency masks other problems. Their comprehensive experience in all aspects of business law, including corporate finance, general business litigation and complex business litigation, and mergers and acquisitions enables them to consider many different options for their clients which can preserve, protect, or salvage corporate assets that otherwise might be lost to creditors.

Time Can Be Critical

When a client hires Rayburn Cooper & Durham, the extensive experience of the lawyers at the firm in workout, bankruptcy, and insolvency matters means that they can respond quickly to the crisis. Their team approach in workout situations enables each attorney to apply his or her expertise to the benefit of the client. In bankruptcy and insolvency matters, time can be critical. The highly experienced attorneys at Rayburn Cooper & Durham have the ability to quickly recognize the common and the uncommon factors at the root of the client's problem. Their fast response can often make the difference between a bankruptcy filing and continued financial viability.

On occasion, the firm represents creditors, but most of its bankruptcy and workout practice involves debtor companies.

Our Debtor-Creditor attorneys receive a steady flow of conflict referrals from other law firms. Typically, these referrals may involve situations in which the client is a party to a financial arrangement with a bank or large financial institution that is under negotiation or restructuring. Often, such conflicts arise in out-of-court situations relating to a restructuring or a dispute involving the bank or financial institution relationship. Since our firm does not represent large banks or financial institutions, we are able to provide specific services to clients in these situations. We endeavor to resolve such engagements without the need for a formal legal proceeding. However, if a formal legal proceeding is required to protect the client’s interest, our attorneys are well qualified to represent the client’s interest in such matters, including, without limitation, a Chapter 11 bankruptcy.

Attorneys at the firm practicing in the area of business workouts and reorganization include:

C. Richard Rayburn Jr.
Albert F. Durham
Paul R. Baynard
John R. Miller, Jr.
Shelley K. Abel

For a consultation with Rayburn Cooper & Durham, call (704) 334-0891, or contact us online.