Credit Crisis

As the credit crisis continues to pressure the financial community and investors, Gordon & Rees' Credit Crisis Practice Group has been responding to the myriad problems facing current and potential clients including increased loan defaults and restructurings, bankruptcies, complex commercial litigation, insurance, and government investigations.

Capabilities & Relevant Experience

The Credit Crisis Practice Group is an integrated team of skilled lawyers from a variety of practice areas:

• Bankruptcy, Restructuring and Creditors' Rights
• Complex Commercial and Financial Disputes
• Insurance Coverage
• Government Investigations and White Collar Defense

Bankruptcy and Restructuring

Gordon & Rees' bankruptcy, restructuring and creditors' rights attorneys represent clients in a broad range of commercial litigation and transactional matters, with emphasis in insolvency, creditors' rights, bankruptcy, out-of-court restructurings and reorganization. We actively represent corporate debtors, secured and unsecured creditors, lenders, creditors' committees, trustees, landlords, equipment lessors, insurance companies, and investors in complex Chapter 11 cases throughout the United States. We also handle complex workout and restructuring matters for lenders and loan servicers involving real or personal property collateral, guarantees, and extension and forbearance agreements as well as foreclosure issues related to problem loans.

Complex Commercial and Financial Disputes

The Credit Crisis Practice Group attorneys understand the threat that financial services litigation, securities litigation, investor disputes, regulatory enforcement and similar matters represent to any business. The attorneys handle litigation under various securities laws, derivative litigation against directors and officers, and broker-dealer litigation. In addition to appearing in court, our attorneys appear before regulatory agencies and securities exchanges, perform internal investigations, and advise management and boards of directors.

Insurance Coverage

Gordon & Rees is regarded as a premier insurance coverage firm in the United States. We provide our clients with sophisticated advice on the rights and obligations of the respective parties to insurance contracts and assist them to litigate claims in accordance with the contract provisions and the law. When our clients need urgent assistance in handling coverage issues in catastrophic or developing loss situations, Gordon & Rees is able to call on lawyers experienced in nearly every U.S. jurisdiction to provide advice on claims investigation, handling and coverage specific to the implicated jurisdictions. In addition, we are ready to protect insurance company directors and officers from allegations of professional malfeasance by providing coverage analysis, as well as monitoring, program and litigation counsel.

Government Investigations and White Collar Defense

In the event of regulatory inquiry by the Securities & Exchange Commission, Department of Justice, FINRA (formerly NASD) or other government or self-regulatory organizations, the Credit Crisis Practice Group has a seasoned team of professionals, including a former senior level SEC and NASD enforcement official and several former prosecutors to guide and counsel clients through the regulatory investigation, interview and document response.

In addition, Gordon & Rees' real estate and tax attorneys actively work with the Credit Crisis Practice Group on a variety of related issues.