Practices
- Alternative Dispute Resolution Services
- Business Restructuring, Bankruptcy & Commercial Law
- Business Transactions & Corporate Counseling
- Construction Contracting & Disputes
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- Clean Air Act
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Business Reorganization and Restructuring
When a business suffers a downturn, whether because of a general economic slowdown or industry or company-specific issues related to its management or operations, lenders often become nervous about its financial prospects and may attempt to obtain concessions such as additional collateral, principal guarantees, or concessions in payments or interest rate.
Brouse attorneys are highly-accomplished in refinancing restructurings and out-of-court workouts representing primarily borrowers. We have assisted clients in restructuring both secured and unsecured bank debt and have also represented clients in negotiations with other creditor groups, including trade creditors, bondholders, landlords, and labor unions.
Our attorneys have considerable experience in representing both lenders and borrowers in workout negotiations. The ultimate goal in these situations is to preserve the business and maximize its operations for the benefit of its shareholders and other creditor groups. Utilizing experienced counsel in addressing bank and loan workouts is critical to ensuring that the workout does not develop into a prelude to the liquidation or closing of the business.
- Overview
Business Reorganization and Restructuring
When a business suffers a downturn, whether because of a general economic slowdown or industry or company-specific issues related to its management or operations, lenders often become nervous about its financial prospects and may attempt to obtain concessions such as additional collateral, principal guarantees, or concessions in payments or interest rate.
Brouse attorneys are highly-accomplished in refinancing restructurings and out-of-court workouts representing primarily borrowers. We have assisted clients in restructuring both secured and unsecured bank debt and have also represented clients in negotiations with other creditor groups, including trade creditors, bondholders, landlords, and labor unions.
Our attorneys have considerable experience in representing both lenders and borrowers in workout negotiations. The ultimate goal in these situations is to preserve the business and maximize its operations for the benefit of its shareholders and other creditor groups. Utilizing experienced counsel in addressing bank and loan workouts is critical to ensuring that the workout does not develop into a prelude to the liquidation or closing of the business.
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- News
November 02, 2023Brouse McDowell Recognized in Best Lawyers "Best Law Firms" in 23 Metropolitan Practice Area Rankings
February 01, 2023Marc Merklin Provides Commentary for Crain's Cleveland Business
November 03, 2022Brouse McDowell Recognized by U.S. News & World Report's "Best Law Firms" 2023 in 29 Metropolitan Practice Area Rankings
November 04, 2021Brouse McDowell Recognized by U.S. News & World Report's "Best Law Firms" 2022 in 26 Metropolitan Practice Area Rankings
November 05, 2020Brouse McDowell Receives 29 Practice Area Rankings in US News - Best Lawyers "Best Law Firms" 2021
March 15, 2019Brouse McDowell's Marc Merklin Named Fellow of American College of Bankruptcy
November 02, 2018Brouse McDowell Secures 19 Practice Area Rankings in "Best Law Firms" 2019
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