Bankruptcy and Insolvency Practice

The Bankruptcy Court for the District of Delaware is a nationally recognized jurisdiction in which to reorganize troubled companies.  The firm’s bankruptcy and insolvency lawyers have been on the forefront of many of the country’s largest and most complex reorganization cases since 1991.  The firm’s bankruptcy and insolvency lawyers take great pride in, and are highly praised for, their responsiveness, substantive knowledge of bankruptcy law, and familiarity with Delaware’s Bankruptcy Court and local practice.  The lawyers in the group represent or have represented debtors, creditors’ committees, and other key creditor constituencies in many of the cases filed in Delaware. 

Chambers USA:  America’s Leading Lawyers for Business (2004-2009) praises the firm’s bankruptcy and insolvency practitioners as a “solid, diversified” and “highly regarded” group that is “respected for both its litigation and transactional work.”  Clients praise the group for “its sheer level of involvement and immersion in the market” and for “offering holistic and constructive advice that covers the bankruptcy process from every angle.” 

Representative Matters

Representative engagements in the bankruptcy and insolvency area include: (a) representing debtor Nanogen, Inc. and affiliates in the sale of their assets under section 363 of the Bankruptcy Code; (b) serving as counsel or co-counsel to the Creditors Committees of Visteon Corporation, Sea Launch Company, Merisant Worldwide, and Qimonda; and (c) the Prepetiton Agent in Global Safety Textiles, and Flying J Inc. 

News & Publications

• Ashby & Geddes Advises On Restructurings, Asset Sales and Chapter 15 Proceedings
• Ashby & Geddes Represents Nanogen, Inc. And Affiliates
• Ashby & Geddes Obtains Reversal in the Third Circuit of $11 Million Judgment
• Ashby & Geddes Advises Debtors On Sale Of Assets In Bankruptcy