Insolvency & Creditors’ Rights

Benesch's Insolvency & Creditors’ Rights Practice Group has represented a diverse range of corporations in workouts and as debtors-in-possession, as well as creditor interests, committees, and lenders, and has extensive experience in all major professional capacities of public, corporate and large private entity chapter 11 practice, creditor compositions, and other methods of restructuring debt. The professionals in the Insolvency & Creditors’ Rights Practice Group provide nationwide counseling and advocacy services to companies involved in bankruptcy-related matters, either as creditors, as debtors, or as members of an official committee of unsecured creditors.

The Insolvency & Creditors’ Rights Practice Group has a growing team of attorneys based in Chicago, Cleveland, Columbus, and Wilmington whose practice are focused on matters concerning bankruptcy and enforcement of creditors’ rights.  Our East Coast offices in Wilmington and New York are important to our clients’ needs in the bankruptcy area and allow us to service both our clients across the country in a more efficient manner.

Our Insolvency & Creditors’ Rights practice is recognized by Chambers® and has been ranked nationally in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law by 2025 Best Lawyers® "Best Law Firms."

We provide practical advice and efficient service to our clients throughout the bankruptcy process starting even prior to the initiation of a debtor's case with pre-bankruptcy planning, to the debtor’s initial request for debtor-in-possession financing, continuing through the sale or other disposition of the debtor’s assets, and ending with plan confirmation and the wind-down of estate causes of action.

Benesch's Insolvency & Creditors' Rights attorneys have substantial experience representing corporate debtors-in-possession and creditors’ committees in chapter 11 reorganizations, borrowers and debtors in capital debt restructurings and chapter 11 reorganizations, lenders in syndicated and unsyndicated loan origination and troubled debt restructurings, and investors in or acquirers of distressed businesses and ventures in or outside of bankruptcy proceedings. They are skilled in capital debt restructuring, loan workouts, creditor and debtor rights, and sophisticated negotiation, as well as commercial litigation, depending on the requirements of the case. The firm’s experience includes representation of institutional lenders in debtor-in-possession financings, adequate protection issues and with regard to exit strategies.

Many of the lawyers in the Insolvency & Creditors’ Rights Practice Group hold leadership roles in the American Bankruptcy Institute and regularly present to various professional and trade associations on leading issues in bankruptcy law.  They have authored articles on a variety of bankruptcy issues and topics of interest to debtor corporations and creditors.