Law Offices of John G. Fellinger

Debt Restructuring

About The Practice
Areas of Expertise
Business Transactions
Debt Restructuring
Commercial Leasing
Commercial Litigation
Lawyer Profile


Debt Restructuring and Debt Workouts

Mr. Fellinger has advised and represented a number of companies that have encountered cash flow difficulties that have triggered the default provisions in the financial covenants of various complex loan documents containing cross-default provisions.  Such loans are often cross-collateralized as well, so that a default under the terms of one loan will cause a default under one or more additional loans.  This aspect of the practice generally involves restructuring a lender’s operations and existing cost efficiencies and negotiating debt workouts with lenders’ attorneys and accountants.  This may also involve defending concurrent litigation actions, which a lender may simultaneously pursue.  In some cases, Mr. Fellinger has brought in outside bankruptcy counsel to work with him.

Law Offices of John G. Fellinger * New York: 110 East 59th Street, New York, NY 10022  Phone:(212) 751-6000/Fax:(212) 223-4911  *  New Jersey: 374 E. Ridgewood Avenue, Ste. 6, Ridgewood, NJ 07450  Phone:(201) 689-9000/Fax:(201)689-9009