Dual-Track Chapter 11 Cases: Designing and Implementing Sale Toggles to Maximize and Test Market Value

Mr. Bast has been practicing in the insolvency and litigation arena for 30 years. He guides business clients through all types of insolvency-related issues, including bankruptcy and bankruptcy avoidance, emphasizing corporate reorganization, workouts, and liquidation. Through his experience in commercial litigation, Mr. Bast knows his way around the courtroom, but he also knows that his clients are often better served by avoiding court. For this reason, his initial focus is avoiding bankruptcy when possible. His business background makes him well-suited to guiding his clients with insolvency-related transactions as well. Mr. Bast has extensive experience with all aspects of bankruptcy sales, acquisitions, and financing. He represents corporate and individual debtors, shareholders, trustees, receivers, indenture trustees, and creditors’ committees, as well as secured and unsecured creditors in workouts, reorganizations, and litigation.

Mr. Leggett practices in the areas of bankruptcy and complex commercial litigation. His experience includes investigating and prosecuting director and officer liability claims; representing trustees, creditors, equity holders, and debtors in bankruptcy proceedings; federal and state court commercial litigation; and trials in federal, bankruptcy, and state courts nationwide.