CREDITORS' RIGHTS & BANKRUPTCY LAW GROUP
Nordman Cormany Hair & Compton LLP1000 Town Center Drive
Sixth Floor
Oxnard, California 93036
[T] (805) 485-1000
[F] (805) 988-8387
Overview
The Creditors' Rights and Bankruptcy Law Group of Nordman Cormany Hair & Compton LLP provides assistance to clients in areas of creditor-debtor relations, commercial law and bankruptcy. The primary focus of the firm's practice in this area is representation of creditors (both secured and unsecured) and bankruptcy trustees in all insolvency proceedings and reorganization of debtors in Chapter 11 proceedings.
The United States Bankruptcy Code, California Commercial Code and other state and federal statutes and cases contain numerous and complex provisions affecting the rights of creditors before, during and after bankruptcy. Effective legal representation can help creditors preserve their rights and maximize their recovery. Nordman Cormany Hair & Compton LLP's widely varied expertise in this area can assist in protecting assets and maximizing cash flow.
Services Offered
- Creditors' rights
- Representation in state court
- Appointment of receivers
- Judicial and non-judicial foreclosure of real property
- Pre- and post-judgment attachments
- Garnishments
- Executions on bank and escrow accounts
- Self-help repossession of personal property collateral
- Entry and collection of sister state judgments
- Mechanic's liens and stop notices
- Statutory liens (oil & gas, warehouseman's liens, maritime liens)
Representation in Bankruptcy Court
- Motions for relief from stay
- Suits to have debts declared nondischargeable based on fraud or false financial statements
- Motions to compel assumption or rejection of unexpired leases and contracts
- Litigation to protect rights of landlords and secured creditors in bankruptcy
- Analysis of disclosure statements and plans of reorganization
- Proposals of creditors' plans of reorganization
- Representation of unsecured creditors' committees
- Involuntary bankruptcy proceedings
- Litigation regarding preferential transfers and fraudulent conveyances
- Litigation regarding avoidance of liens in bankruptcy
- Representation of special committees (i.e., equity security holders or retirees affected by Chapter 11 filing) in Chapter 11 cases
- Motions to appoint trustees or examiners
- Motions to dismiss or convert Chapter 11 cases
- Preparation of proofs of claim in bankruptcy
Trustees
Attorneys from Nordman Cormany Hair & Compton LLP's Creditors' Rights and Bankruptcy Law Group act as special litigation counsel for Chapter 7 and Chapter 11 trustees in federal bankruptcy court as well as state courts. Attorneys from the firm's other specialty groups also act as special counsel for trustees in their respective specialty areas.
Business Reorganization
Chapter 11 has been referred to as the lender of last resort for business. Properly used, Chapter 11 is a powerful and appropriate solution to severe financial problems of businesses. Nordman Cormany Hair & Compton LLP has considerable experience in counseling and representing corporations and other business entities in reorganization proceedings under Chapter 11 of the Bankruptcy Code or through state law assignments for the benefit of creditors.
Special Programs
Nordman Cormany Hair & Compton LLP offers speakers on bankruptcy basics and creditors' rights in bankruptcy to clients and business groups.