Experienced Attorney Handling Complex Corporate Bankruptcy Issues
Attorney Peter W. Ito of Ito Law Group, P.C., has 30 years of legal experience. He represents corporate clients, almost exclusively by referral, in cases involving:
The firm represents debtors and debtors-in-possession in out-of-court workouts, Chapter 11 and Chapter 7 cases across the United States.
Unsecured Creditors’ Committees
Creditors’ committees are appointed in almost every large Chapter 11 case in order to protect the interests of trade creditors, bondholders and other holders of unsecured debt. The committee is entitled to retain counsel to protect its interests, and the fees incurred by counsel are paid by the debtor’s bankruptcy estate.
Preferences And Fraudulent Conveyances
Ito Law Group, P.C., has successfully prosecuted and defended preference and fraudulent conveyance lawsuits under §§ 547 and 548 of the Bankruptcy Code.
Asset Purchasers And Investors
Strategic buyers of the distressed assets and debt rely upon Ito Law Group to assist them with structuring asset acquisitions pursuant to § 363 of the Bankruptcy Code.
Board Of Directors
Ito Law Group provides counsel to boards of directors on their fiduciary duties when the company is operating in the zone of insolvency or is insolvent.
Bankruptcy Considerations Related To Business Transactions
Businesses looking to acquire another competitor on the verge of financial collapse rely upon attorney Peter W. Ito to insulate their exposure in the event that the target company subsequently files bankruptcy after the transaction is consummated.
Creditors’ Rights/Loan Enforcement
Banks, equipment and leasing companies, and other providers of credit employ the firm to enforce their rights and to protect their collateral in bankruptcy courts across the country.
Ito Law Group works on behalf of debtors and creditors in attempting to achieve a consensual restructuring outside of bankruptcy court. The benefit of an out-of-court workout is the time and expense that are saved by not having to place the company into a bankruptcy.
The firm represents lender clients in seeking the appointment of a receiver in order to protect and stabilize their collateral pending the completion of a judicial or nonjudicial foreclosure.
Assignment For The Benefit Of Creditors
The firm has represented both the assignor (the company seeking protection) as well as the assignee (the state law equivalent of a bankruptcy trustee).