Workouts & Business Reorganizations

shutterstock_201399842Out-of-court loan workouts and restructurings may be preferable to bankruptcy or a receivership. Workouts provide greater flexibility and are less costly.  The successful out of court workout depends entirely on the outcome of a voluntary negotiation.  We have substantial experience in conducting complex workouts with some of Maryland's toughest creditor law firms.  An out of court workout will always be considered first before filing for chapter 11.  

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