Welcome to BRCSM’s Bankruptcy, Restructuring & Creditors Rights Practice
Our attorneys have experience with all aspects of bankruptcy, state court insolvency litigation, company restructurings, and other creditors rights matters. They are recognized as leaders in bankruptcy, receivership and foreclosure law topics and are often called upon as writers and speakers.
COURT APPOINTED RECEIVERS IN RI AND MA
Our attorneys are frequently appointed receivers in Rhode Island, which has a vibrant state court receivership system. We handle matters in Rhode Island and Massachusetts as well as throughout the country, including litigating in the large-volume bankruptcy courts such as Delaware, Illinois and New York.
APPROVED CLOSING COUNSEL FOR USFN
BRCSM is one of only two firms selected as approved closing counsel by the United States Foreclosure Network (USFN) — the oldest and largest not-for-profit association of mortgage banking law firms and trustee companies in the nation — to do foreclosures and related bankruptcy work in Rhode Island.
Practice Highlights
Appointed as receiver on behalf of an under-performing 72-unit apartment complex in southeastern Massachusetts; stabilized and sold the complex for over $6.2 million in less than one year.
Served as lead counsel to a post-bankruptcy trust that has recovered over $166 million in assets through the prosecution and resolution of bankruptcy estate claims.
Successfully represented a trade creditor in a bankruptcy case involving over $1.3 billion in liabilities in which our client was paid over $1.3 million, representing payment of its claim in full plus interest and attorneys’ fees.
Handled over 75 foreclosures (residential and commercial) in Rhode Island and Massachusetts on behalf of banks, credit unions and mortgage servicers in 2015.