Representative Cases for Bankruptcy

Our bankruptcy litigation attorneys bring their extensive trial experience and knowledge of bankruptcy law to the handling of complex disputes.  LCBF attorneys provide a practical and innovative approach when handling the complex issues of bankruptcy and creditors’ rights matters.

The firm represented Freddie Mac in the Lehman Brothers bankruptcy, one of the largest and most complex in history, in pursuing several claims on behalf of one of Lehman’s largest creditors and, with the conservator's counsel, negotiating a favorable settlement.  Ultimately, the United States Bankruptcy Court for the Southern District of New York approved a settlement consisting of an immediate cash payment of $767 million to resolve Freddie Mac’s claims, which involved complex derivative transactions, short term loan transactions, and mortgage seller/servicer related obligations.

As a further example, in the Capmark bankruptcy in Delaware, we successfully represented Freddie Mac with regard to the transfer of its mortgage servicing rights as part of the sale of the debtor's mortgage servicing business.

As Special Labor Counsel for a major airline that filed bankruptcy in the Southern District of New York, LCBF attorneys conducted a 14-week evidentiary hearing involving Railway Labor Act and First Amendment issues and successfully obtained several preliminary injunctions against the airline unions allowing the airline to continue to operate with minimal interference.

We also have defended clients in adversary proceedings and against preference claims and represented insurers in declaratory judgment actions in Bankruptcy courts.