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Bankruptcy & Distressed Credit

Pollack & Flanders can deliver sophisticated and cost-effective services to satisfy its clients’ distressed credit and bankruptcy-related needs.  Pollack & Flanders has successfully represented creditors and other parties-in-interest in and outside of court to enforce and protect their rights and claims.  That representation has included collecting on distressed consumer and business debt obligations as well as protecting, repossessing, and liquidating collateral securing those obligations.  

Our partner Anthony Gray has won meaningful results in bankruptcy cases throughout the country as counsel to official committees and ad hoc groups of creditors and equity security holders, trade vendors, secured creditors, debtors, trustees, landlords, equipment lessors, and asset purchasers. Mr. Gray's representative bankruptcy and restructuring engagements have included the following clients and matters:

  • the official creditors' committee in the Hi-Temp Specialty Metals Chapter 11 case and, following conversion, the Chapter 7 Trustee (in each instance as special litigation counsel);
  • the official creditors' committee in the Trans National Communications International Chapter 11 case (served as Massachusetts counsel for the committee);
  • the official creditors' committee in the ViviSource Laboratories Chapter 11 case;
  • individual Chapter 7 business debtor in successfully defending against bank's adversary proceeding objecting to the debtor's receipt of a discharge and challenging the dischargeability of certain debts;
  • the official creditors' committee and liquidating trust in the Pac-West                Telecomm Chapter 11 case;
  • as bankruptcy and appellate counsel, the target of millions of dollars of                    claims asserted by a debtor corporation and its former owners;
  • a prominent newspaper in connection with collecting debt and defending                  against avoidance actions in bankruptcy cases nationwide;
  • an individual debtor to obtain a discharge of $1.4 million in business debt;
  • lenders furnishing DIP loans to a septic-systems cleaning and construction              debtor with multi-state operations; and
  • the official creditors' committee in the Chapter 11 cases of former                          heavy-weight boxing champion Mike Tyson and his management company.

Pollack & Flanders may be considered a "debt relief agency" pursuant to the United States Bankruptcy Code.  Pollack & Flanders also helps people file for bankruptcy relief under the United States Bankruptcy Code.
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  • Asset sales 

  • Committee counsel

  • Debt collection

  • DIP loans

  • Foreclosures

  • Fraudulent transfers

  • Liquidations

  • Preferences

  • Reorganizations 



Pollack
Flanders, LLP
&
Attorneys and Counsellors at Law
617-259-3000