Stroock handles complex insolvency disputes, including the resolution of distressed loans, particularly in connection with foreclosures upon residential and commercial real properties; the disposition and ownership of secured real property collateral; and the enforcement and interpretation of security agreements.  We have brought claims for losses suffered by institutions both as lenders and equity investors. Stroock also represents both foreign and domestic trustees, receivers, liquidators and governmental agencies in seeking to maximize creditor recoveries through litigation.  Debtor clients benefit from the combination of our litigation expertise and intimate knowledge of bankruptcy tools, including standstill agreements, debt extensions and traditional and non-traditional filings.

Our experience is also international in scope.  Stroock attorneys are active in the management of cross-border insolvency cases, and our firm is a leading practitioner in the area of Section 304 (now Chapter 15) proceedings, ancillary to insolvency proceedings in foreign jurisdictions, having represented numerous entities in the U.S.  Similarly, Stroock has been instrumental in the negotiation of protocols governing the relative rights, powers and procedures of the multiple jurisdictions and parties involved in cross-border insolvency proceedings.  In addition, we have represented the liquidators of several major overseas banks with respect to their assets and claims in the U.S.