Forshey Prostok has extensive experience and resounding success in all areas of bankruptcy law. The firm’s scope of recent and on-going representation includes guiding business reorganization, enforcement of creditor’s rights, leading commercial and bankruptcy related litigation, overseeing creditor’s committees, directing workouts and closing bankruptcy acquisitions. Many of the members of the firm have clerked for bankruptcy judges, and all of our attorneys have hands on experience with complex bankruptcies.
A cornerstone of the Forshey Prostok approach to client service focuses on our dynamic balancing of small firm practicalities and efficiencies with the sophistication and resources of larger law firms. Our attorneys and staff embrace evolving technologies which result in more efficient, flexible and responsive outcomes for our clients. To insure a smooth transition into the complex world of bankruptcy, we work hand in hand with the client’s “key personnel” to achieve the legal solutions to business problems. This cooperation extends to referring attorneys, whose participation and input are encouraged and sought whenever appropriate.
Debtor Representation – Forshey Prostok has the capacity and flexibility to handle Chapter 11 reorganizations ranging from the simplest “Mom and Pop shop” to the most complex Fortune 500 company. Regardless of the size or shape of a client, every company has its own unique needs, relationships, and standards for long-term viability. Forshey Prostok is uniquely poised to understand these issues, and creatively and effectively meet these needs during reorganization.
Creditor Representation – Forshey Prostok believes that creditors in a Chapter 11 case deserve a hard-nosed, aggressive approach in order to protect their rights. Secured lenders, vendors and trade creditors, banking institutions, individual investors, and landlords throughout the Dallas/Ft Worth metroplex and across the nation rely on Forshey Prostok to maximize the value of any return to creditors. When a creditor becomes a defendant, during an active reorganization or later in a preference suit, Forshey Prostok has a significant record of success in efficiently disposing of such litigation.
Trustee Representation – Forshey Prostok has represented many of the Trustees in the Northern District of Texas, as well as serving as counsel for Trustees throughout the country. Like any other client, our firm recognizes the unique challenges and responsibilities that face a Trustee acting on behalf of a bankruptcy estate. Our firm’s commitment to enhancing the estate is reflected by our previous successes.
Committee Representation – There is, perhaps, no party in bankruptcy facing more uncertainty than the various committees that may be formed in a business reorganization. Committee counsel must have the experience to decipher bankruptcy proceedings, the knowledge to understand how the Debtor business works, the diplomacy to juggle competing needs between the diverse interested parties in bankruptcy, and the common sense to recognize opportunity for the committee and its constituents. Forshey Prostok succeeds in this arena by consistently “thinking outside the box” and aggressively pursuing opportunities for recovery.