Bankruptcy

McAllister Garfield’s bankruptcy and restructuring practice, led by Dan Garfield, solves its clients’ problems in times of financial or other distress by providing in- and out-of-court solutions to businesses in numerous industries, including cannabis, real estate, transportation, manufacturing, energy, construction, retail, and financial institutions. The firm strives to handle such matters efficiently, as resources are extremely limited in these circumstances.

The firm’s clients in bankruptcy proceedings include Chapter 7 and 11 debtors, secured and unsecured creditors, debtor-in-possession lenders, creditors’ committees, acquirors, and Chapter 7 trustees. The firm also represents parties in receiverships, particularly in the marijuana industry, which is barred from using the bankruptcy courts due to federal illegality, and assignments for the benefit of creditors (ABCs). Outside bankruptcy, our team represents borrowers, secured lenders, creditors, acquirors, and others in restructuring and workout transactions.

The firm also represents clients in bankruptcy litigation, including preference and avoidance matters, fraudulent transfers, nondischargability actions, and appeals.

The firm routinely serves as local counsel for regional and national law firms with matters in Colorado.