Bankruptcy and Restructuring

Legal Support for Bankruptcy, Restructuring, and Workouts

Goosmann attorneys represent clients in complex corporate and consumer bankruptcy cases, debt restructurings, and related litigation matters. Our team advises debtors, secured and unsecured creditors, landlords, bankruptcy trustees, buyers of distressed debt or businesses, and unsecured creditors’ committees. 

Our attorneys help financial institutions and corporate clients navigate insolvency and debt restructuring during business and consumer bankruptcies under Chapters 5, 7, 11, and 13, as well as out-of-court workouts, assignments for the benefit of creditors, and receiverships. Our services extend both within and outside formal insolvency proceedings. 

Banking lawyer sitting in office in Omaha

Bankruptcy and Restructuring Services

  • Chapter 5
  • Proof of claim firings
  • Chapter 11 reorganization cases 
  • Chapter 7 liquidation cases 
  • Chapter 13 reorganization 
  • Loan restructuring 
  • Commercial workouts 
  • Composition agreements 
  • Asset recovery and foreclosure 
  • Bankruptcy and creditors’ rights-related litigation in state and federal courts 
  • Receiverships and assignments for the benefit of creditors 
  • Dissolutions of business entities 
  • Breach of fiduciary duty 
  • Contested confirmation hearings 
  • Cash collateral hearings 
  • Fraudulent transfers 
  • Preferential transfers 
  • DIP financing hearings 
  • Appointment of trustee or examiner 
  • Complex claims objections 
  • Assumption or rejection of executory contracts 
  • Adversary proceedings 
  • Asset sales 
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Reconstructing and Insolvency

Our primary goal is to help financial institutions and corporate clients mitigate losses through out-of-court restructurings and “workouts.” When bankruptcy cannot be avoided, we guide clients through the complexities of bankruptcy court. 

We provide both transactional and litigation services to financial institutions, corporate entities, secured lenders, trustees, receivers, unsecured creditors, landlords, buyers and sellers of assets, lessors, lessees, and investors. 

Meet Our Team

Contact

Connect with us today to speak with our Bankruptcy and Restructuring legal team.

Bankruptcy and Restructuring FAQ

My borrower has threatened to file bankruptcy. What should I do?

Don’t panic — this is a common tactic. Most lenders have had a borrower file or threaten to file for bankruptcy if legal action is pursued. Our attorneys can help you understand your rights, prepare for potential filings, and protect your financial position. 

Do you handle both in-court and out-of-court debt restructurings?

Yes. We advise clients on negotiated workouts outside of court whenever possible. When bankruptcy is unavoidable, we guide clients through the formal process under Chapters 7, 11, or 13. 

Who does Goosmann represent in bankruptcy matters?

We represent a wide range of stakeholders, including debtors, secured and unsecured creditors, trustees, landlords, and buyers of distressed businesses.