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Alderman & Alderman, LLC, Results Oriented Legal
            Solutions - Connecticut Trial Lawyers,
New York
                Bankrutpcy, Creditors Rights, Foreclosure and Insolvency

New York Business Bankruptcy, Creditors Rights and Foreclosure Lawyers

Representing Clients in Bankruptcy Courts in New York, NY

New York Business Bankruptcy Lawyers

From our offices in Hartford Connecticut and New York City we have been representing secured creditors, unsecured creditors, lessors, lessees, parties to adversary proceedings and select business debtors in complex workouts and reorganizations under Chapter 11 of the United States Bankruptcy Code for decades.     Our insolvency attorneys regularly appear in the United States Bankruptcy Courts for the District of Connecticut and the Southern District of New York.    

We are proud to have been chosen to provide critical insolvency counsel to clients ranging from professionals and closely held businesses to some of the largest businesses in the world.  While no two cases are identical and past performance is not a guarantee of the outcome of a new case, we offer the following as some examples of our experience.

  • When the  FBO with the largest hanger in Connecticut suffered cash-flow interruption that prevented timely payment of all obligations, but failure to operate would have resulted in a loss of rights under a lease of the facility subject to regulations by the DOT, the FAA and the DEP (n/k/a DEEP), with an interest by the DOD, the FBO selected Alderman & Alderman to manage the Chapter 11 reorganization of that entity. Our firm developed and implemented a strategy that satisfied the requirements of the DOT, FAA, and DEP, prevented loss of the leasehold and resulted in the successful transfer of the hanger to a new FBO without any interruption in service. 
  • When a Connecticut contractor was unable to timely meet its obligations, while it had hundreds of residential units in various stages of completion, that developer chose Alderman & Alderman to manage that Chapter 11 reorganization.  Our firm developed and implemented a plan that allowed the debtor to complete the residential units, provided housing to the market place, resulted in a payment plan satisfactory to the creditors and allowed the debtor to continue to operate.
  • When a world-renowned fashion designer went into Chapter 11, the lawyers for handbag manufacturer with the exclusive license to use that designer's name and trademark, with over $100 Million  of inventory at risk chose  Alderman & Alderman to address what was at the time an issue of first impression within the Second Circuit.   Our lawyers crafted a strategy that allowed our client to bring the hand bags to market and secure exclusive use of the fashion designer's name for handbags.
  • When the salaried employees wanted to protect their rights when their employer filed a multi-billion dollar reorganization, they retained the lawyers at Alderman & Alderman.  The firm developed and implemented a strategy that minimized the risk of loss from adversary proceeding claims and maximized payments to these employees.
  • When a word-leader in automotive manufacturing sought to acquire critical intellectual property from a company in bankruptcy, knowing that the acquisition would be contested by other major manufacturers with an interest in the IP, its general counsel selected Alderman & Alderman.   Our lawyers crafted and implemented a strategy that resulted in a transfer of good title that survived the  challenge from its competitors. 

Our attorneys are equally comfortable representing clients in business reorganizations under Chapter 11 or municipal restructurings under Chapter 9 of the United States Bankruptcy Code.   

Myles Alderman's published works on the subject include the Bankruptcy Law Chapter of the Connecticut Lawyers Deskbook (Connecticut Bar Association, 2008) and  Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers  (Outskirtspress, 2006).  His explanations of the bankruptcy process have appeared in a wide range of publications including The New York Times and The Wall Street Journal.

New York Creditors Rights Lawyers

Commercial (and High Value Residential) Foreclosures.  

Our lawyers have been managing commercial foreclosures and high value residential foreclosures for decades.   We understand the unique challenges presented by these properties.   We understand the alternative options and strategies available to the parties.  We work with our clients to develop strategies that will work best for the unique set of circumstances.  

Commercial Creditors Rights (and Commercial Collections).  

Our lawyers have been managing commercial creditors rights and commercial collections for decades.   We understand the strategies employed by debtors who don't want to pay for goods or services.   We work with our clients to develop strategies that will work best for the unique set of circumstances.  

Industries in which we have substantial experience include:  
Aviation; Book Distribution; Convenience Store/Gas Station Operators;
Fashion Design; Food Distribution; Furniture Retail; High-tech Manufacturing; Healthcare manufacturing & Distribution; Pharmaceuticals; Printing/Binding; Professional Services; Real Estate (Owners, Developers, Architectural Firms, Project Managers and Contractors); Tell-communications; 

For the same fees charged by the other firms, you could retain Alderman & Alderman, LLC.   

We Help Creditors Maximize Recoveries and Minimize Risk.

Whether working with a local community lender with a complex participation or a secured lender with offices on the other side of the globe the lawyers at Alderman & Alderman always strive to deliver Results Oriented Legal Solutionssm that will best serve the client's interests.   The goal is to maximize recoveries and minimize the risk for the creditors that we represent.  

Our clients tell us that our approach works well for them.   Based upon the reviews of our peers, Martindale-Hubbell,  gave our firm a 4.7 out of 5.0 and awarded  Myles Alderman its AV-Preeminenttm rating, its highest rating.   

We encourage you to see how our Clients rated us in our  last Client Satisfaction Survey or read what others have said about our attorneys.

New York Foreclosure Defense Lawyers

 (Services For Qualified Borrowers)

There are many reasons that an honest borrower may not be able to make mortgage payments in a timely manner.   Our lawyers have been representing clients in commercial foreclosures and high value residential foreclosures for decades.   The challenges, and the appropriate strategies for commercial foreclosures and high value residential foreclosures can be substantially different than the average residential foreclosure.   

To properly evaluate the best strategy for you, the lawyer or lawyers you hire must fully understand all the options available to you, including the use of Chapter 11 of the United States Bankruptcy Code.

If you cannot pay your bills as they come due and your real estate is worth more than a million dollars, we urge you to call and learn how our Results Oriented Legal Solutionssm could work for you .




  Hartford  |  New Haven  |  New York  |  Washington, DC

AV Rating 5 out of 5 from Martindale Hubbell  
            American Bar Association - Business Law Section
            American Bankruptcy Institute
            Connecticut Bar Association
            Law Leage of America

Copyright 2018 Alderman & Alderman, LLC, All rights reserved.   "Results Oriented Legal Solutions,"   and  "Alderman" with the stylized "A" are each registered service marks of Alderman & Alderman, LLC.   Advertising Disclaimer:  In some jurisdictions this website may be deemed advertising.  The firm's service marks are not intended to suggest that our firm, or any of our attorneys, can deliver results that are superior to any other law firm.  All cases are different and successful outcomes  does not mean that similar results will be obtained in a future matter. Please read our Disclaimer.