"They are excellent from a strategic standpoint – real outside-the-box thinkers who create non-traditional ways to get to the end result.”
– Chambers & Partners interviewee
The flurry of stay-at-home and shutdown orders across the country designed to mitigate the public health crisis triggered by COVID-19 has had a significant economic impact on business. Certain industry sectors have been hit particularly hard, including energy, healthcare, retail, hospitality and others. To address these challenges, it is important to rely on advisors who can quickly understand both the legal environment and commercial realities and can help you protect your business, your people and all stakeholders.
During the Great Recession, BakerHostetler was out in front guiding numerous businesses across a wide range of industries on strategy with respect to securing financing and restructuring their operations. Leveraging that deep experience, we have formed our Business Restructuring Response Team to answer your questions, provide proactive solutions and support you through the current economic challenges. The team is supported by more than 50 lawyers across practice areas.
As the economic fallout from the COVID-19 pandemic spreads across the business landscape, businesses require steady, trustworthy counsel regarding:
- Issues raising financing or capital
- Default and availability issues under credit facilities
- Other lender or creditor issues
- Vendor payment issues
- Customers failing to pay
- Preservation of contractual rights
- Lack of cash flow and liquidity management
- Valuation issues
- Restructuring of business operations
- Advising companies and boards regarding fiduciary duties
Our national Business Restructuring Response Team provides timely, practical advice to clients facing unprecedented financial pressures brought on by the COVID-19 pandemic and the resulting economic upheaval. We have dozens of attorneys prepared to help your business weather this storm and find solutions, whether in court or out of court, that work for your specific situation.
We bring decades of experience in managing restructuring and debt financing issues, and we can deploy a wide range of innovative strategies on your behalf. We are well known in the marketplace, having assisted clients with billions of dollars in debt finance transactions, capital restructuring and credit facilities, workouts, and business restructuring.
And, should it become necessary, we have the experience, past successes and steady hand to steer you through complex reorganizations and chapter 11 bankruptcy filings. Our Restructuring and Bankruptcy Team has worked on hundreds of chapter 11 cases across numerous industries in courts throughout the country.