For decades, Riemer & Braunstein has been renowned for its expertise in bankruptcy and insolvency practice. Our attorneys draw on that expertise and far-reaching experience to provide alternative courses of action to clients in what is often a fast-paced and complex series of negotiations. Attorneys in this group serve as counsel to trustees and committees appointed under the Bankruptcy Code, represent specific creditors and other interested parties, and negotiate and document out-of-court creditor arrangements. They also occasionally represent debtors when there is no conflict with the firm's representation of financial services firms or major national industries.

Representative cases include:

  • Counsel to the debtor in the successful reorganization and sale of a charter airline
  • Counsel to the Creditors' Committee in the reorganization and sale of a shoe company
  • Counsel to the Trustee in the liquidation of a publicly held computer retailer
  • Counsel to the Unsecured Creditors' Committee in a Chapter 11 case involving a major, privately held energy company with nearly $1 billion in debt
  • Counsel to the Trustee in a case establishing disclosure requirements for bankruptcy professionals
  • Securing, as counsel to the Creditors' Committee, a 100 percent distribution and six-month payout to all unsecured creditors of one of New Hampshire's largest vacation resorts
  • Represented the country's largest home health care provider in a successful Chapter 11 proceeding occasioned by lenders' default

The firm’s practice leader is the editor and author of the bankruptcy law volume of the Massachusetts Practice Series published by West Publishing Company.

The firm also has considerable experience in investigating the business affairs of financially troubled businesses. One of our attorneys was appointed by the U.S. District Court as the Federal Court Receiver in a proceeding in which millions of dollars had allegedly been diverted from public bondholders. As Receiver, the attorney was responsible for the concurrent operation, management and disposition of nine businesses.

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Alan Braunstein