Bankruptcy & Financial Restructuring

New Media and Digital Technologies | BANKRUPTCY & FINANCIAL RESTRUCTURING

Wiley Rein’s Bankruptcy & Financial Restructuring Practice, led by H. Jason Gold, is composed of business bankruptcy lawyers board-certified by the American Board of Certification, former judicial clerks and bankruptcy trustees. The partners in our practice area average more than 15 years of experience representing clients from a wide range of industries in an equally broad range of matters and have been involved in some of the largest and most complex cases ever filed as well as many of the “middle market” cases in the region.

Chambers USA has again recently recognized the group as being among Washington, DC’s best, noting that “clients value ‘the down to earth strategy’ employed by these attorneys... ‘Rather than trying to string matters out, they understand how to get right down to the issues and deal with things efficiently.’” Clients also speak of the group’s “high quality advice, expert organizational skills and familiarity with the court” and that the group “pays close attention to every detail of its cases.”

Industry Focus

Aviation | Construction, Housing & Real Estate Restructuring | Government Contracts | Media, Telecommunications and Technology | Retailer Liquidations and Restructurings

Aviation

Wiley Rein’s Bankruptcy & Financial Restructuring attorneys have been involved on behalf of clients in virtually every major airline bankruptcy. We regularly represent airport authorities and other major creditors in these cases. Additionally, practice group head H. Jason Gold has served as the bankruptcy trustee in aviation matters, supervising the liquidation of several companies including most notably Dornier Aviation of North America.

Working with our colleagues in our Aviation Practice, the Bankruptcy & Financial Restructuring attorneys have developed a special level of emphasis in this practice area. We have been engaged frequently on matters ranging from aircraft acquisitions, and Department of Transportation compliance, to satellite licensing issues and distressed asset recovery in the wake of failed airlines.

Construction, Housing & Real Estate Restructuring

Wiley Rein bankruptcy attorneys and litigators have decades of experience in the restructuring of real-estate-related businesses including those of home builders, numerous commercial developers in the Northern Virginia area, various lenders and contractors—cases which often are complex with myriad parties and interests. We put the extensive experience we have gained over the years—handling matters that cover many different scenarios—to work for our clients. We currently represent a number of clients in this troubled industry, forging successes or helping to minimize losses.

Additionally, in his role as a bankruptcy trustee, H. Jason Gold has successfully liquidated dozens of projects and real estate parcels for the benefit of creditors and investors. Mr. Gold has served as the trustee for close to 50 real estate related cases including the following:

In re Craftmasters Construction Company of VA
In re Longbranch Development Company
In re Walt Robbins, Incorporated
In re Northern Virginia Concrete, Inc.
In re Four Daughters Construction
In re Capital Restoration and Development Corp.
In re Vanguard Builders, Inc.
In re Ellicott Unit I, General Partnership
In re Building Service Specialists, Inc.
In re Bha Builders & Developers, Inc.
In re Northern Virginia Mortgage Consultants
In re Fitzgerald-Builders, Inc.
In re Right Way Construction Co.
In re Msc General Contractors, Inc.
In re R.J.L. Design Builders, Inc.
In re Prefered Building Services Inc.
In re Sycamore Homes, Inc.
In re Richmarr Construction Corporation
In re Lakewood Development Associates
In re Potomac Residential Dev. Corp.
In re A & R Construction, Co.
In re Sun Contracting, Inc.
In re Orion General Construction, Inc.
In re Long Shaker Companies, Inc.
In re Kennedy Development Limited Corp.
In re Mc Builders, Inc.
In re Raymond R. Riley Excavating & Construction, Inc.
In re McDonough Construction Corporation
In re Market Resources Development Corporation
In re Vicron Contracting Co., Inc.
In re I.L. Real Estate, Inc.
In re 3 Burden Realty TV, LLC
In re Americana Contractors, Inc.
In re Facet Development, LLC
In re Lawrence O'Connor Construction Company, Inc.
In re Erb and Son Construction, Inc.
In re Bison Building Company, LLC
In re D&S Homes, Inc.
In re Couture Homes, Inc.
In re CAS Development, Inc.
In re MG Contracting Inc.
In re Adrian Edwards Custom Homes LLC

Government Contracts

Wiley Rein’s Government Contracts Practice works closely with the Bankruptcy & Financial Restructuring attorneys at the firm whenever government contracts are implicated in a bankruptcy filing, whether by a prime or sub contractor. The firm’s extensive experience in all phases of government contracting, coupled with the Bankruptcy & Financial Restructuring attorneys' vast experience in insolvency matters, allows our clients to successfully assess and resolve the full expanse of government contracting issues when a bankruptcy is filed concerning a government contractor. Fully appreciating the provisions of the anti-discrimination provisions of the Bankruptcy Code, the Anti-Assignment Act, Federal Acquisition Regulations, the relative rights of the parties to bid protests, and all phases of government contracting allows us to analyze all of the business and governmental issues raised when one of the business parties to a bankruptcy filing is supplying goods or services to the government.

Media, Telecommunications and Technology

Wiley Rein’s Communications Practice encompasses virtually all aspects of the federal, state and international laws governing the media and communications industry. These specialists work closely with the Bankruptcy and Financial Restructuring Practice in connection with bankruptcy and insolvency matters worldwide. The firm's experience includes representation of all parties in telecommunications bankruptcy cases, including debtors-in-possession and trustees, secured creditors, unsecured creditors, utility providers, and parties to contracts with the debtor. In addition, Wiley Rein attorneys authored the Bankruptcy Telecommunications Manual published by the American Bankruptcy Institute.

Wiley Rein’s Bankruptcy and Financial Restructuring attorneys have appeared in many major media, communications and technology cases, including, WorldCom, Global Crossing, Loral, Pathnet and NextWave. More recently, Wiley Rein has served as special telecommunications counsel in several bankruptcy cases, including Innovative Communications and NewComm. Finally, H. Jason Gold has served as trustee in numerous telecommunications, media and technology cases, including the following:

In re Crown Cable, Inc.
In re Advanced Communications Company
In re Telecommunications Engineering Consult.
In re Select Cellular Inc.
In re Global Telecom Solutions, L.C.
In re Iq Communications, Inc.
In re First Star Communications, Ltd.
In re Media One, LLC
In re Montpellier Technology, L.L.C
In re Affinity Partners.Com, Ltd., a Corporation
In re Software Surgery, Inc.
In re Management Data Media Systems, Inc.
In re Independent Telephone Services, Inc.
In re Reli-Communications, Incorporated
In re Warsun International Communications Corp.
In re Source4 Communications, Inc.
In re DataCom International, Inc.
In re Quality Image Communications, Inc.
In re Next Generation Technology, Inc.

Retailer Liquidations and Restructurings

Wiley Rein bankruptcy attorneys have extensive experience representing clients in various capacities of retailer liquidations and restructurings. For example, Wiley Rein currently represents major creditors in the Circuit City bankruptcy case and on behalf of one of our clients we sit on the Creditors’ Committee. Our team also serves as debtor's counsel for a national furniture retailer and represents creditors in the Mattress Discounters bankruptcy case. Further, Mr. Gold has served as the bankruptcy trustee for hundreds of retail bankruptcy cases in industries including automotive, food service and restaurants, sporting goods, electrical products and health clubs.

Decades of Experience

Our experience has spanned several national recessions including the tumultuous real estate recession of the late 1980’s and early 1990’s. This experience makes us particularly prepared for the current economic crisis. In addition to representing clients involved with many prominent restructurings in the news, such as Circuit City, General Motors, and Chrysler, we also efficiently and effectively represent parties in smaller regional and local cases and offer assistance and advice in out-of-court wind-downs involving both domestic and transnational business operations.

Our Approach

We strive to understand our clients’ business operations and objectives in an effort to ensure that the decisions and actions taken during our representation is consistent with those goals. Understanding a clients’ business is critical to properly charting a legal strategy, whether in business relationships or litigation.

Wiley Rein’s success in formulating practical and innovative solutions to our clients’ business needs is enhanced by the firm’s interdisciplinary approach. Working closely with attorneys in our Aviation, Communications, Franchise and Government Contracts groups, we effectively address the unique needs of clients in these industries. In addition, we work regularly with the firm’s Insurance, Public Policy and Health Care groups. The Litigation Practice, which is composed of over 100 lawyers, adds unsurpassed capability and strength to advance our clients’ interests when negotiation fails.

Learn More

To learn more about the fundamentals of business restructuring, see these articles:

Contact Us
H. Jason Gold
703.905.2825 | jgold@wileyrein.com