Bankruptcy trustees and debtors-in-possession have the power to avoid and recover any transferred asset to third parties or insiders that may be avoidable under applicable law. Affected creditors need attorneys who have an in-depth understanding and bankruptcy court experience to advise them on the many nuances of avoidance litigation and defenses to such actions.
BMK attorneys have litigated multiple avoidance actions, including those involving fraudulent transfers based on actual and constructive fraud, preferential transfers, and post-petition transfers. Our experience representing bankruptcy trustees and debtors-in-possession is invaluable to clients who find themselves on the defense side of avoidance lawsuits. We take the time to gain a comprehensive understanding of the merits of each case, which allows us to formulate the best strategy for resolving the action in the manner most favorable to our client.