Related Practice Areas
Bankruptcy and Creditors' Rights
The breadth of the Cullen and Dykman LLP bankruptcy expertise provides our clients with a unique perspective into the bankruptcy process and a significant history of proven results.
Cullen and Dykman has a sophisticated and extensive bankruptcy, creditors' rights, and corporate reorganization practice. The firm represents numerous lenders, servicers, utilities and debtors in all phases of bankruptcy proceedings, including pre-bankruptcy workouts and negotiations concerning the use of cash collateral. The goal of this comprehensive practice group is to add value to each client's business by converting non-performing assets into performing assets as quickly, efficiently and cost-effectively as possible.
Cullen and Dykman represents secured and unsecured creditors, including creditors' committees and landlords, as well as debtors in bankruptcy proceedings throughout the New York metropolitan area, and has been doing so successfully for 150 years. When representing creditors, we aggressively protect the interests of each client as early as possible through pre-bankruptcy planning. This involves negotiating a debtor's right to use cash collateral, and when necessary, seeking orders for adequate protection to preserve the value of a client's cash collateral. We are experienced in all facets of automatic stay litigation, permitting the prompt continuation of any foreclosure or collection efforts. Our bankruptcy attorneys, who have been practicing collectively for 50 years, are fully experienced in representing debtors in complex Chapter 11 proceedings. We also regularly litigate preference, fraudulent conveyance, and objection to discharge actions as well as represent purchasers of assets, employees of debtor companies, and other parties in interest.
We've provided these services as General Counsel in some of the following industries: BANKING
- February 9, 2012
- Cullen and Dykman Obtains Precedent Making Decision after Trial Directing Use of Total Cost Method on a Public Construction Contract to Calculate Multi-Million Dollar Damages because of a Significant Change in the Character of the WorkOctober 5, 2011
- Cullen and Dykman obtains $3.25 million settlement from The City of New York for GII Industries, Inc.September 22, 2011
- March 13, 2017
- December 22, 2016
- The New York State Department of Financial Services Issues Regulations against Abusive, Deceptive and Unfair Debt Collection PracticesDecember 10, 2014
- In Addition to Natural Gas Providers and Water Providers, Bankruptcy Courts Are Now Allowing Electricity Providers to Claim Administrative Expense Status Under Section 503(b)(9) of the Bankruptcy CodeMarch 18, 2013
- Recent Federal Court Decision Finds NYSDOT's Standard Settlement Agreement Unenforceable Because Of A Lack Of ConsiderationMarch 15, 2010