General Workout Representation
INDEGLIA & ASSOCIATES represents clients in out-of-court debt restructurings. This involves negotiating “workout” transactions either for a creditor seeking to protect its ability to collect an obligation owed or a debtor seeking to modify repayment terms to its creditors. We frequently assist our clients in structuring goal identified workouts with measures to review and adjust credit and risk based upon performance. Each work out is unique to the credit and facility involved. Obtaining a keen understanding of the relationship, the history and the terms of the original transaction are imperative to developing a strategy that provides the borrower the ability to repay and the creditor the ability to facilitate a profitable loan.
Our attorneys have developed unique skills and have handled sophisticated corporate restructuring often preventing the initiation of an insolvency proceedings. We advocate on behalf of creditors and lenders (both secured and unsecured) as well as landlords, developers, contractors and trade creditors.