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Creditor's Rights
An explosion of bad debt and the inherent intricacies of commercial transactions require thorough and informed legal counsel. Foley & Mansfield has a well-deserved reputation counseling creditors through business reorganizations, bankruptcy, foreclosures, workouts, and loan restructuring. 
 
Our attorneys regularly represent institutional and individual creditors, bondholders, insurers and trustees in all phases of creditors’ rights litigation, including: 

  • Foreclosure and enforcement of collateral rights
  • Ancillary remedies
  • Receivership appointment and representation
  • UCC and real property foreclosures
  • Workouts
  • Creditor committee representation
  • Chapter 11 litigation
  • Acquiring assets out of Chapter 11

We also counsel commercial property owners with financially distressed debtors, developers and contractors through reorganization and in insolvency actions. We will work with you to limit your financial exposure, protect your rights to payment, and help you to mitigate losses.


News
 
Verdicts
  • Holmes Wins Sixth Circuit Appeal on Civil Rights Claims
    • This case involved the Plaintiffs’ attempt to have a federal court grant them relief from a state court’s judgment against them. Ultimately, the case was dismissed on a number of grounds, including that Plaintiffs’ lawsuit violated well-established legal principles prohibiting “state court losers” from appealing to the federal courts, and that Plaintiffs were attempting to assert claims which are not recognized in the Sixth Circuit. Read More
 



Primary Contact(s)
 Thomas J. Lallier Thomas J. Lallier
Partner
Minneapolis
612-338-8788
Email
 
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