ABOUT THE BANKRUPTCY, RESTRUCTURING, AND INSOLVENCY LITIGATION GROUP
Efficient Delivery of Results in Sophisticated Matters
Archer’s Bankruptcy, Restructuring, and Insolvency Litigation Group provides sophisticated counsel to domestic and foreign clients in all types of insolvency and litigation matters. Chambers USA ranks Archer’s Bankruptcy, Restructuring, and Insolvency Litigation Group as one of the best in the region, representing an impressive roster of clients, noting that “our sources underline the group as being a tightly run unit that is easy to deal with. It has “solid experience in representing trustees, creditors’ committees and debtors.” The Group has been noted as being “very cost-effective” for clients who want high level representation in complex matters. The Group has recently been involved in some of the largest, high profile bankruptcy matters such as Lehman Bros., Trump, and Kodak, but is strongly suited to efficiently handle middle-market cases for debtors, trustees, committees, fiduciaries, creditors, investors, and other constituencies striving for that delicate balance between result and cost.
Chambers USA praises Group Chairman Stephen M. Packman for his “unique, reassuringly confident perspectives that are the result of years of experience” and as “a results-driven tactician and outstanding strategist.” Mr. Packman is an inaugural Fellow of INSOL, the international association of over 10,000 world-wide restructuring professionals. He has represented parties in bankruptcy and litigation proceedings throughout the USA and abroad. Mr. Packman is also the co-chair of Archer’s international law group, having considerable experience in cross-border insolvency, business and litigation matters. Mr. Packman complies with the standards and qualifications of a Business Bankruptcy Specialist set forth in the ABC Program.
Group Vice-Chair, David Carickoff is resident in Archer’s Wilmington, Delaware office and has extensive experience representing creditor committees, debtors and other bankruptcy participants in some of the largest Chapter 11 cases in Delaware, perhaps the busiest bankruptcy venue in the country. David is one of a select few Delaware panel Chapter 7 Trustees appointed by the Office of the United States Trustee.
Selecting the Right Team
The Bankruptcy, Restructuring, and Insolvency Litigation Group has assembled attorneys with years of experience in handling restructuring and insolvency matters. This enables Group members to handle the work from start to finish. Group members have experience in all facets of the practice including out of court workouts, forbearance agreements, arrangements, assignments for creditors, receiverships, dissolutions, bankruptcy planning and preparation, pre-packs, motion practice, adversary proceedings, plan formulation, pre and post-confirmation matters, bankruptcy sales, trials, appeals, mediation, arbitration, foreclosures, tax liens, cross-border issues, model law and UNCITRAL, Chapters 7, 9, 11 and 15, PACA claims, acquisitions, DIP lending, tax disputes, transfer pricing, leasing, claims trading, creditors’ rights, fiduciary claims and litigation, avoidance actions, preference claims, insiders, valuations, collections, guaranty and surety issues, insurance claims and recoveries, tort claimants, claims representatives, trustees, plan trustees, plan agents, successors and other fiduciaries. The Group often works closely with other Archer attorneys when matters arise involving specialized issues. This interdisciplinary approach ensures effective staffing of matters for clients.
Speed and efficiency are paramount in restructuring and insolvency litigation, and the Bankruptcy, Restructuring, and Insolvency Litigation Group is well-versed in all aspects of e-Discovery. The Group is fully integrated with the Archer Discovery Strategies practice. This means that document-intensive cases are handled with state of the art technology and procedures to streamline bankruptcy and plan preparation, claims resolution, bankruptcy and adversary proceeding discovery, and contested matters as well as trials. Archer has a team of e-Discovery professionals to assist as needed in the process.
A Forward Thinking Mindset for a Global Economy
Clients today want creative, cost-effective solutions to their global issues. Having the ability to understand and think strategically in both established and emerging markets translates to more innovative solutions, and overall more cost-effective representation for the client. Engagements can be structured to suit both the firm’s and client’s expectations, including in appropriate situations alternative fee arrangements.
Archer’s Bankruptcy, Restructuring, and Insolvency Litigation Group has substantial experience in handling international disputes and cross-border insolvency matters, including the European Union (EU) Regulations on Insolvency Proceedings and the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Cross-Border Insolvency. The Group has represented clients in proceedings in or associated with Europe, Asia, North and South America, including in bankruptcy matters pending both domestically and abroad. The Group has been credited with filing what is believed to be the first Chapter 15 bankruptcy case relating to a foreign insolvency proceeding pending by a mainland debtor in the People’s Republic of China. The Group also recently represented a foreign Chapter 15 debtor based in Hong Kong with holdings in the U.S. and represents its domestic affiliate in related Chapter 11 proceedings.
Consult with us
We welcome your inquiries and would be happy to consult with you by phone or in person at your convenience. Please contact Group Chair Stephen M. Packman at (215) 246-3147 or spackman@archerlaw.com.
