Corporate Restructuring

Herrick provides creative, value-added corporate restructuring solutions, whether you're executing an alternative investment strategy to salvage value, or restructuring a company in a make-or-break bid for survival. We also advise investment funds investing in companies challenged by troubled capital structures or highly leveraged liquidity. You can rely on our guidance throughout the workout process, including:

  • Asset sales
  • Mergers and dispositions
  • Bankruptcy and out-of-court restructurings
  • Debt purchasing
  • Claims trading
  • Acquisitions and other investment transactions
  • Debtor-in-possession (DIP) financing
  • Lender liability and equitable subordination actions
  • Preference fraudulent transfer and other avoidance actions
  • Pre-negotiated or "pre-packaged" Chapter 11 plans
  • Securitizations

Business Divorce

No executive or professional whose career is tied to a non-public entity is immune from the possibility that the owners of the firm or company will have an irreparable break-up. Generational problems and divergent business goals are just some of the reasons an otherwise successful business partnership can break up. We advise partners and shareholders of privately held businesses in the dissolution or break up of businesses. We also counsel on the dissolution of professional practice partnerships, including law firms, dental and medical practices and accounting firms.