Bankruptcy, Restructuring & Litigation | McCarter

“Has experience across the full range of bankruptcy matters, including regular work on gaming, retail and healthcare insolvencies, as well as distressed real estate loans. Fields a team of attorneys with experience in federal, state and appellate courts, and regularly advises on out-of-court restructurings.” – 2019 Chambers USA

Our lawyers deploy a wide range of restructuring options and litigation strategies to help both distressed asset owners and creditors not only minimize losses, but also leverage the sale or leasing of assets that could potentially lead to new opportunities.

Because of our deep bench of experience, we’ve encountered nearly every situation related to bankruptcy and insolvency and counseled clients from myriad industries. We are particularly noted for creditors’ rights; debtor or creditor committees counsel; prosecution of claims; defense of preference claims; prepackaged bankruptcies to shorten turnaround times; business and loan restructuring; forbearance agreements, structured settlements; loan sales; and representing buyers in Section 363 sales of debtors’ assets.

We regularly collaborate with colleagues from our tax, real estate, environmental, energy and corporate practices to ensure that clients get the benefit of subject matter experts in every discipline.



No one benefits from a protracted bankruptcy process. That’s why we work quickly and efficiently to help debtors and trustees stabilize troubled companies by selling off distressed assets and assist lenders, creditor committees, secured and unsecured creditors in recovering monies owed after a debtor files for Chapter 7, 11 or 13 protection.

More About Bankruptcy Services

Business Restructuring & Workouts


We leverage the deep understanding of our clients’ businesses and investment strategies to counsel them on the most efficient path forward, whether it is in business and loan restructuring, forbearance agreements, structured settlements, or loan sales.

Construction & Real Estate Litigation


A quick response to disputes affecting construction projects and real estate transactions is important to our clients’ bottom line. Our experienced construction and real estate litigators help clients respond timely to resolve conflicts or defend their interests in litigation.

More About Construction & Real Estate Litigation Services

Consumer Financial Services Litigation


We defend companies across all sectors of the consumer financial services industry against consumer claims and governmental actions and help them anticipate litigation trends and regulatory shifts impacting the industry.

Our clients include national and regional banks, mortgage lenders, mortgage loan servicers, credit card issuers, and other consumer credit providers. We provide strategic counsel to these companies concerning the broad spectrum of issues and disputes unique to the consumer finance marketplace.

More About Consumer Financial Services Litigation

Creditors’ Rights


We represent secured and unsecured creditors, creditor committees, and banks and loans servicers and handle title disputes and distressed real estate and UCC litigation defense.

We possess decades of experience representing financial institutions, which allow us to deliver prompt and thorough strategic advice and take a creative approach to handling any complicated creditors’ rights issues that may arise during insolvency.

More About Creditors’ Rights Services

Real estate developer—Commercial litigation

Representing a real estate developer where the seller refuses to comply with contractual obligations and convey title to the developer of property valued in excess of $10 million. Active discovery practice including depositions and active court matters addressing motion practice.

Special servicers—Foreclosure and sale

Representation of special servicers in collection of securitized loans and achieving recoveries through foreclosures and property sales, or restructuring debt.

National bank—Non-dischargeability action

Represented a lender in the bankruptcy proceedings of its borrower and guarantor and obtained summary judgment in the non-dischargeability adversary proceeding against the guarantor, resulting in a substantial settlement payment to the bank.

National Football League (NFL) team—Subpoena response

Represented an NFL football team in response to a subpoena and defense of threatened preference/fraudulent transfer claims in the bankruptcy proceeding of In re National Events Holding, LLC.

Commercial lender—Collection actions

Representing a commercial lender in collecting a $16 million loan from non-obligor sources based on causes of action of fraud, conversion, and accountant malpractice.

Grocery wholesaler—Multi-loan recovery litigation

Secured a full recovery on $7 million in loans made by our grocery wholesaler client to a borrower within a contested state court litigation that required navigating a forbearance agreement and the borrower selling some assets.

Commercial bank—Multi-forum loan recovery litigation

Representing a commercial bank in litigation to collect a $5 million Small Business Administration loan made to a bankrupt construction company. The litigation involves liquidation of more than 400 pieces of machinery and equipment, four foreclosure actions, and multiple collection actions against guarantors.

Bankruptcy trustee—Denial of debtor’s discharge

Represented the Chapter 7 Trustee in litigation to prevent the Debtor’s discharge on the basis of fraudulent conduct. After briefing and arguing the issues on Summary Judgment, the Court issued a detailed decision ruling in our favor (published as

Stanziale v. Boyajian (In re Boyajian)

, 486 B.R. 306 (Bankr. N.J., 2013)).

Navajo Times Publishing—Dismissal of complaint

Obtained a dismissal for the Navajo Times in a bankruptcy adversary action on the basis of a Sovereign Immunity defense. The court’s well-reasoned decision is published as

Subranni v. Navajo Times Publishing Company, Inc. (In Re Star Group Communications, Inc.)

, 2016 Bankr. LEXIS 1893 (Bankr. N.J. April 29, 2016).

Southern Eldorado Corporation—Appellate counsel

Successfully litigated a dispute against the assignee of a contract and received an award of all litigation fees in connection with the proceedings in the Bankruptcy Court and the appeals to the District Court and, ultimately, the 3


Circuit Court of Appeals. The Third Circuit Decision is published as

Regis Corporation (Appellant) v. Southern El Dorado Corporation (Appellee) (In re Trade Secret, Inc.)

, 609 Fed. Appx. 98 (3d Cir. June 10, 2015) (Appeal from Bankruptcy Court Judgment).

Financial institution—Secured creditor representation

Representing a financial institution, a victim of a massive fraud involving in excess of $15 million, involving a borrower who submitted false financial information, pursuing liquidation of assets in three states, defeating arguments of a third party claiming superior liens, addressing issues raised by a bankruptcy trustee, addressing issues of claimed Fifth Amendment privilege raised by loan guarantors, and laying the foundation to successfully pursue third parties under malpractice, negligence, conversion, and tortious interference with the bank’s rights. Litigation has occurred in state courts, state appellate courts, and the bankruptcy court.

Mortgage holder—Secured creditor representation

Successfully represented a mortgage holder with a $12 million claim in a bankruptcy matter where the debtor entities engaged in a Ponzi scheme involving more than 20 commercial properties and many lenders. Caused rental revenue to be segregated for the benefit of the client, obtained a release so that no claims were brought against the client, and exited the bankruptcy with title to the property within nine months of the bankruptcy filing. Substantial recovery for the client in a relatively short period.

National bank—Secured creditor representation

Represented a national bank holding a $22 million claim secured by ocean barges and tugs in a borrower bankruptcy. Assumed a leading role in advancing mediation and ultimate agreement involving the debtor company and the lender group of twelve banks. Additional collateral for repayment of the claim was obtained, all legal fees were reimbursed, and the matter proceeded promptly to a confirmed plan of reorganization, allowing regular loan payments to resume.


New Jersey, Band 2

“The team is truly dedicated to providing outstanding client service; one particular strength is the way that the real estate and bankruptcy and restructuring teams work together to provide integrated transactional and litigation advice.”

—Chambers USA

The McCarter & English, LLP website is for informational purposes only. We do not provide legal advice on this website. We can provide legal advice only to our clients in specific inquiries that they address to us. If you are interested in becoming a client, please contact us, but do not send any information about your specific legal question. We cannot serve as your lawyers until we establish an attorney-client relationship, which can occur only after we follow procedures within our firm and after we agree to the terms of the representation.



1 2 3