Bayard’s Bankruptcy Group has long provided services to debtors, official committees of unsecured creditors and equity holders, trustees, purchasers and lenders in bankruptcy cases. It also represents parties in other insolvency proceedings, including receiverships, assignments for the benefit of creditors, dissolution proceedings under state law and rehabilitations and liquidations of insurance companies. The Bankruptcy Group works regularly with clients through all phases of the reorganization or liquidation of troubled businesses, including out-of-court workouts and distressed asset acquisitions.
The Bankruptcy Group appears on behalf of clients in a number of jurisdictions. Its bankruptcy practice has continued to expand regionally, but it focuses primarily on bankruptcy cases in Delaware and New York. During more than two decades, the Bankruptcy Group has participated in substantially all of the significant bankruptcy cases in Delaware.
The Bankruptcy Group has experienced an active and productive year representing debtors, statutory committees, dip lenders, indenture trustees and post confirmation trusts and trustees. Bayard worked as lead counsel, local counsel and conflicts counsel in many cases in Delaware and New York, primarily for debtors and often for statutory committees or other parties, in a broad spectrum of industries including energy, packaging, healthcare, auto parts, newsprint, fast food and real estate.
Representation of the Official Committee of Equity Security Holders of Accuride Corporation and its Affiliated Debtors, Case No. 09-13449.
Representation of the Official Committee of Unsecured Creditors in Capmark Financial Group, Inc., et al., Case No. 09-13684 (CSS).
Representation of Butler Services International, Inc. and eight affiliates, Case No. 09-11914.