Whether working with individual debtors to obtain relief under Chapter 7 of the Bankruptcy Code, or pursuing complex business and financial reorganization, our firm’s attorneys are uniquely qualified to advise and act on solutions to financial distress experienced by a wide range of clients.
The attorneys at Henry & O’Donnell have steered clients through the economic cycles of the Washington metropolitan area for the past 25 years. From the collapse of the Savings & Loan industry in the late 1980’s, to the most recent Recession and economic downturn in the local and national economy, the professionals at Henry & O’Donnell have worked with clients to forge creative solutions to various aspects of financial distress and difficulties. Whether working with individual debtors to obtain relief under Chapter 7 of the Bankruptcy Code, or pursuing complex business and financial reorganizations in and out of the Bankruptcy Courts, the firm’s attorneys are uniquely qualified to advise and act on solutions to financial distress experienced by a wide range of clients. Our skills and experience include the following:
The firm is recognized as one of the leading business bankruptcy and creditors’ rights law firms in the D.C. metropolitan area, having represented clients in many substantial bankruptcy cases filed in the Eastern District of Virginia and in the Bankruptcy Courts in Maryland and the District of Columbia. Our attorneys combine their legal skills with a unique blend of accounting, financial and business related backgrounds and experience to assist clients in negotiating a successful conclusion to reorganization efforts under Chapter 11 of the Bankruptcy Code.
Representation of individuals and businesses in Chapter 7. For a business, this is the terminating event of the corporate life cycle. For an individual, it represents a discharge of debt and a “fresh start” to financial life.
The firm provides counseling and planning for financially troubled companies, including experienced legal, financial and practical analysis and advice regarding creditor obligations, non-bankruptcy workouts and informal arrangements with creditors outside of bankruptcy. Frequently, our efforts are able to effect a formal restructuring of financial obligations without the requirement of a bankruptcy filing.
As counsel to creditors in bankruptcy matters, the firm’s attorneys provide advice on issues relating to asset and claim review, cash collateral issues, landlord claims and leases, asset sales, relief from stay, reorganization plan analysis & negotiation, and confirmation matters. We also represent clients interested the sale and purchase of businesses and assets in bankruptcy, including the preparation and negotiation of purchase agreements, Section 363 sale approval, and related asset auctions. Our attorneys have extensive experience in bankruptcy litigation, including preference and avoidance claims, claim objections, non-dischargeability cases, and equitable subordination matters.