Shutting Down a Business: Minimizing Personal Liability and Steps to Take Outside of Bankruptcy

With a client list full of families navigating business and generational transitions, Fortune 500 companies and risk-taking mavericks who won’t take “no” for an answer, Mr. Clinton knows what it takes to develop creative solutions when big ideas result in big problems. Whether he’s serving as lead counsel in one of the growing number of fiduciary litigation claims within family businesses, advising a family in transition, or helping a developer sidestep a legal and public relations disaster in a new residential community, Mr. Clinton’s focus is always the same – understand and achieve the client’s goals, either in or out of the courtroom. His clients span nearly every industry, including beverage distribution, real estate, manufacturing, telecommunications and transportation.

With a focus on areas such as mergers and acquisitions, debt refinancing and restructuring, and business workouts and turnarounds, Mr. O'Neil helps business owners, lenders and other stakeholders when companies are in transition. He represents both healthy and distressed companies in connection with sales, refinancings and liquidations, as well as in chapter 11 section 363 asset sales and “true reorganization” bankruptcy cases where judicial remedies are needed. Mr. O'Neil is known to many as a trusted advisor during difficult times. He serves as the chair of the Distressed Company Task Force that was created to assist borrower clients in every way, including in discussions with their lenders and in addressing concerns over suppliers and stakeholders.