DISTRESSED ASSETS TASK FORCE

Genova Burns LLC is proud to announce the formation of a distressed assets task force that will be dealing with multiple complex matters across lending, banking, bankruptcy, and much more. Taking a multidisciplinary approach, the team at Genova Burns has years of experience and is ready to assist clients who are looking at distressed assets in their real estate portfolio.   The team has already helped countless clients navigate through various disruptions, including the lingering effects of the COVID-19 pandemic, delivering cost- effective and quality counsel along the way.

Our experience includes:

-Debt Restructuring

-Commercial Landlord and Tenant Workouts & Dispute Resolution

-Banking and Commercial Lending

-Lease Restructuring

-Mezzanine Loan Transactions

-Debt Restructuring

-Equity Financing Transactions

-Cross-Jurisdictional Transactions

-Bankruptcy Management & Litigation

Matthew Kertz, Esq., Partner, and Chair of the Commercial Leasing Specialty feels that the new area builds on Genova Burns strengths.  “A task force like this involves our commercial leasing group, our lending group with the banks, and bankruptcy. That’s the troika here. Combining all three of these things is important to create a one-stop shop for people having problems, whether it’s a loan issue, bankruptcy, leasing, etc.”

The Firm is no stranger to big bankruptcy cases, having been appointed local counsel in the LTL case, better known as Johnson and Johnson Talc Bankruptcy, and Genova Burn’s Bankruptcy Law team are currently representing over twenty landlords impacted by the recent WeWork Chapter 11 bankruptcy filing. Genova attorneys Don Clarke, Dan Stolz, and Sydney Schubert will represent these individuals as the shared space giant faces a litany of bankruptcy proceedings. This combined with the Firm’s longstanding position in the commercial real estate space provide immediate knowledge and experience with real estate deals gone bad.

“In today’s market, it is important for businesses to have options,” said Angelo J. Genova, Esq., Charmain.  “Our familiarity with these combined specialties will give clients options other than filing bankruptcy petitions, which no one wants,” continued Genova.

Genova Burns has proudly offered a range of unsurpassed legal services across multiple areas and industries for many years. The Firm’s new distressed assets task force continues to leverage the firm’s experience on the cutting edge of market trends and opportunities. The key difference found in Genova Burns within the increasingly crowded market is the Firm’s ability to operate as a large entity while still remaining nimble enough to serve clients with an unrivaled, personal approach and a “get-it-done” culture that has made the Firm well-renowned worldwide.