ASK LLP is one for the few bankruptcy law firms that have a practice focusing specifically on the rights of individual unsecured trade creditors. Unsecured trade creditors are typically on the bottom of the “totem pole” when it comes to recovery in bankruptcy, and traditionally come behind post-petition lenders (such as a DIP lender), pre-petition secured creditors, administrative creditors, professional fees, and statutory trust creditors (such as PACA and PASA). Because of this, many law firms, including bankruptcy law firms, focus on representing creditors’ committees or institutional creditors, such as hedge funds and bond holders. They do not focus on the rights of individual unsecured trade creditors.
While ASK has represented unsecured creditors in the full range of different industries, ASK has extensive experience representing unsecured creditors in the following industries:
ASK understands that it is difficult to throw good money after bad in attorneys’ fees, especially in situations where recovery is uncertain. Therefore ASK is willing to enter into creative fee arrangements that are mutually beneficial such as a fee cap, contingency fee, blended hourly and contingency fee, payment plans and deferred payment.
If you are an unsecured creditor in a bankruptcy, please call ASK for a FREE CONSULTATION, regardless of the size of your claim. Please call 212-267-7342 or email eneiger@askllp.com.