Bankruptcy and Creditors' Rights for the Banking and Financial Services Industry


Graydon Head & Ritchey represents numerous regional and national leaders in workouts and restructurings.  In performing general creditor work, our attorneys assist our clients with litigation, collection and liquidations.  Our extensive work on behalf of creditors, as well as for debtors and creditor committees, provides clients with experienced counsel from diverse perspectives.

Our attorneys appear in bankruptcy courts throughout the Midwest generally and nationally in specific areas.  We represent secured and unsecured creditors of every type and kind in bankruptcy proceedings.  We have particular expertise in defending our clients in preference and other avoidance actions throughout the country.  We have assisted our clients in acquiring assets from troubled entitles, inside and outside of bankruptcy court.

GH&R is known for its representation of lenders, including sub-prime lenders, in lender liability defense work.  Our expertise in representing lenders allows us to litigate and resolve these cases expeditiously.  We also counsel our business clients with credit management advice to enhance their relations with their customers and vendors.

Members of our bankruptcy and creditor rights team provide a number of services to the financial services industry clients including:
  • Representation of secured and unsecured creditors of every type and kind in bankruptcy proceedings.
  • Advice to lenders with respect to cash collateral orders, debtor in possession financing and plan confirmation issues.
  • Pursuit of secured and unsecured claims, relief from stay, reclamation claims and administrative expense claims.
  • Representation of creditors’ committees and Chapter 7 and 11 business debtors.
  • Representation of creditors in extending post petition credit to debtors including obtaining critical vendor status.
  • Representation of purchasers of assets from bankrupt entities in Section 363 sales.
  • Supervision of receiverships for liquidation of assets.
  • Enforcement of judgments, transfer of judgments and collection of obligations.
  • Defense of financial clients from borrowers’ claims based on alleged overreaching, interference in management, failure to lend and breach of good faith.
  • Defense of financial clients from borrowers’ claims of predatory lending and alleged violations of federal and state lending laws, including claims under TILA, RESPA and HOEPA.
  • Negotiation and preparation of forbearance, modification and release agreements for lenders with troubled borrowers.
  • Supervision of voluntary liquidations in going out of business/shutdown situations