Transforming Distressed Business Challenges Into Opportunities
DarrowEverett’s Restructuring Practice Group has the expertise to assist our clients in any distressed business situation. Our practitioners work aggressively to represent our clients’ interests, whether those entail maximizing economic recovery for a secured lender or working tirelessly to ensure a successful reorganization of a troubled business. Attorneys in our restructuring group have the advantage of collaboration with other practice groups, leveraging, among others, our real estate, finance, corporate, tax and litigation to deliver exceptional results in a cost-effective manner.
The Firm has comprehensive experience representing clients in both in-court insolvency proceedings and out-of-court restructurings and liquidations across a wide range of businesses. Our attorneys regularly represent secured and unsecured creditors, banks and other financial institutions, debtors, receivers, and purchasers of distressed assets, in restructuring proceedings and workouts throughout United States.
The Restructuring Practice Group has represented many stakeholders in distressed business situations including the following services:
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Client Insight
Florida Divorce Ruling on Personal Goodwill Could Impact Other States
In early July 2024, Florida enacted a significant amendment to its equitable distribution statute, particularly concerning the treatment of personal goodwill in divorce proceedings.[1] These changes, coupled with the pivotal case of Rosenberg v. Rosenberg,[2] have profound implications for divorce settlements both within Florida and potentially across the United States. Understanding Goodwill in Divorce Proceedings…
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Post-Closing Incentive Structures for Key Management in Private Equity
If you own or manage a company that a private equity firm is looking to acquire, and you plan to stay on after the closing, you’ll likely need to negotiate two key points: rolling over some or all of your equity and determining the incentive compensation you want to receive. In most acquisitions, but particularly…
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Vibe Check on TikTok: Legal Changes May Force App to Take the L
The future of TikTok is on the table in the United States. As has been widely covered, in April 2024, Congress passed the Protecting Americans from Foreign Adversary Controlled Applications Act (the “Act”), which conditionally banned TikTok in the U.S. should its parent company, ByteDance Ltd., fail to divest its ownership in the U.S. version…
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