BANKRUPTCY LITIGATION2018-12-03T11:04:59-06:00

Bankruptcy Litigation

Riess LeMieux has significant experience in this unique area of law involving complex financial transactions, creditors’ rights, corporate debt restructurings, and related disputes.  Over the years, the firm has represented clients with operations worldwide, nationally, and locally.  Our transactional, restructuring, and financial litigation lawyers are complemented by the experience of our lawyers in other practice areas, as needed, in order to provide comprehensive legal services to our clients.

We regularly represent debtors, lenders, creditors’ committees and others in restructurings and Chapter 11 cases. The attorneys at Riess LeMieux have represented clients in high-profle bankruptcy adversary proceedings, contested matters, and insolvency-related litigation. Our attorneys’ experience includes some of the largest bankruptcies in Louisiana and multiple casino and gaming insolvencies. Our lawyers advise, plan, strategize, and litigate on behalf of creditors’ committees, commercial lenders, and debtors. Our work has resulted in the recovery and return of millions of dollars to our clients.

Constantly Striving to Achieve Your Objectives 

Bankruptcy practice requires a unique set of skills. It requires a working knowledge of how businesses operate and an understanding of accounting. It requires litigation skills in conducting examinations of witnesses, reviewing documents, legal research and writing briefs, and oral advocacy, as well as mastery of the Rules of Civil Procedure, the Rules of Bankruptcy Procedure, and the Rules of Evidence. Finally, it requires a firm grasp of the Bankruptcy Code and how the Bankruptcy Court works. Our bankruptcy attorneys have the skills and experience to provide you dedicated, effective representation. 

Our representation of both debtors and creditors allows us to recognize and understand the strengths and weaknesses of the other side to the transaction. Whether representing creditors or debtors, we zealously represent our clients to achieve their goals. If you or your company is facing debt issues, creditor issues, or bankruptcy litigation, contact us to discuss your situation.

Recent News

Indemnity, Change Orders, and More: Top Construction Legal Issues and Answers Audio Webinar

Christopher K. LeMieux and Jonathan S. Forester will be hosting an audio webinar with the National Business Institute on June 10, 2020.  This webinar will  focus on construction issues that can have substantial legal repercussions.  It will cover how to troubleshoot these issues and give you the information necessary to find solutions before they escalate. Riess LeMieux regularly provides webinars and seminars for clients on a wide array of legal topics.

Bankruptcy Code Amendments in the CARES Act

The recently passed CARES Act provides significant assistance to small businesses that may be considering bankruptcy due to financial losses caused by the COVID-19 pandemic.  The new law expands the debt limits threshold from $2,725,625 to $7,500,000, thus allowing many more individuals and businesses to qualify for expedited bankruptcy relief under the Small Business Reorganization Act. Bankruptcy filers will also be able to exclude any economic relief they receive from the federal government as a result of the COVID-19 pandemic so as not affect their eligibility to file. Lastly, those operating under a confirmed Chapter 13 plan, assuming proof of “material financial hardship,” can extend their plan up to seven years.

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