Restructuring and Workout

Sudden or dramatic business reversals can paralyze decision makers making it difficult to move forward toward a profitable turnaround. At Robins Kaplan LLP, we help guide our clients through the restructuring process and build the consensus needed to bring the parties together or outmaneuver our adversaries in court. Our restructuring attorneys have experience in creatively representing every possible constituency in the restructuring and workout area, including: the company, its owners, guarantors and affiliates, its senior and junior secured and unsecured banks and other creditors, its creditor committees, acquiring companies, and investors. This gives us a deep understanding of the various positions different constituent creditors--secured and unsecured--may take. To create value for clients, our restructuring lawyers leverage their understanding of sophisticated bankruptcy and litigation strategies and tactics. We employ effective techniques such as:

• Auctions
• First and Second Position Lien Agreements and Modifications
• Forbearance Arrangements
• Inter-creditor Agreements
• Issuances of Preferred and Common Stock
• Modifications to Existing Credit Agreements
• Refinancing and Issuances of New Debt or Equity Obligations
• Sale of Assets

Clients and Industries

We provide service for the following industries:

• Banking and Financial
• Energy
• Entertainment and Media
• Food and Beverage
• Franchising
• Health Care
• Manufacturing
• Oil
• Pharmaceuticals
• Real Estate - Office, Hospitality, Gaming, Commercial, Residential
• Retail
• Service
• Technology

Selected Case Results*

• International Franchisor: Represented senior secured creditor with over $160 million owed in restructuring and multi-state litigation that resulted in the successful sale of international franchisor of multiple quick service restaurant brands.

• Owner/Developer: Represented creditor with over $50 million owed by fixed base operator at one of the busiest commercial airports in the country. Through a restructuring process and related litigation, achieved ongoing recoveries for the client.

• Värde Partners, Inc: Representation of Värde Partners, Inc. in connection with the making and workout of various loans to finance commercial real estate properties and non-performing commercial and consumer assets.

• Lease Restructuring: Restructured real property lease agreements to protect landlords or tenants from various contingencies, risks and changes in circumstances.

*Past results are reported to provide the reader with an indication of the type of transactions we practice. They do not and should not be construed to create an expectation of result in any other transaction, as all transactions are dependent upon their own unique fact situation and applicable law.