Workouts & Creditors' Rights
Roberts, Carroll, Feldstein & Peirce’s workouts & creditors’ rights team helps clients to effectively and efficiently obtain payment and mitigate losses arising from nonperforming loans. In addition to practicing in federal bankruptcy court, our attorneys are intimately familiar with the unique Rhode Island receivership process. Moreover, the team’s practice is not limited to Rhode Island. Our attorneys have a substantial caseload in the Massachusetts courts. With over 40 years of experience, we are familiar with all major accountants, auctioneers, appraisers, brokers, and other professionals whose services are essential in workout matters.
FORBEARANCE AGREEMENTS
REAL ESTATE FORECLOSURES
BANKRUPTCY
RECEIVERSHIPS
REAL ESTATE ATTACHMENTS & LIENS
DEFICIENCY JUDGMENTS
ENFORCEMENT OF OUT-OF-STATE JUDGMENTS
POST-JUDGMENT COLLECTIONS
DEFENSE OF LENDER LIABILITY CLAIMS
REPRESENTATIVE TRANSACTIONS, DEALS OR MATTERS
- Secured the dismissal of a Chapter 11 Bankruptcy petition, on behalf of a secured creditor, after an evidentiary hearing determining that the debtor’s plan of reorganization was not feasible.
- Obtained injunction on behalf of client bank, compelling fraudulent transferee of construction equipment to surrender it to bank, and conducted secured party sale of the equipment.
- Briefed and argued motion preserving the priority of client bank’s mortgages over competing mechanic’s lien claimants.
Practice Members
EDWARD G. AVILA
EDWARD D. FELDSTEIN
