The attorneys in Verrill's Business Law Group have extensive experience and a well-deserved reputation for excellence in all types of business insolvency and bankruptcy proceedings.

In recent years, members of our team have represented, variously, debtors and creditors in Chapter 11 business reorganizations, Chapter 7 business liquidations, and Chapter 13 cases that involve business issues. Our bankruptcy lawyers have represented clients in many significant bankruptcy cases throughout the United States, resulting in a high level of sophistication benefiting the wide range of clients we serve. As our clients' needs dictate, these attorneys routinely collaborate with other members of the Business Law Group and Verrill colleagues across the firm in order to ensure that our clients receive comprehensive insights and advice from all applicable viewpoints.

Aggressive representation of creditors' committees, secured lenders, trade creditors, and Chapter 11 and Chapter 7 trustees in significant cases and matters is complemented by passionate advocacy on behalf of shareholders, partners, directors, officers, and guarantors in situations of financial distress.

Verrill's team takes pride in finding creative and cost-effective legal solutions to an inclusive range of financial problems facing our clients. For businesses in financial distress, our goal is to use the various tools available to allow them to reorganize into healthy, vibrant businesses. While we always assist our debtor clients in exploring non-bankruptcy alternatives, we are skilled in using the financial restructuring tools available in the federal bankruptcy laws.

A small sampling of the many types of clients that our insolvency, restructuring, creditors' rights, and bankruptcy attorneys have worked with recently includes technology companies, hedge funds, hospitals, railroads, Chapter 11 and 7 trustees, creditors' committees, venture capitalists, timber companies, manufacturers, retailers, and insurance companies.

Our bankruptcy lawyers regularly present at conferences as speakers, write articles of topical interest, and appear on panels. They are active members of the American Bankruptcy Institute, have clerked for U.S. Bankruptcy Court judges, and are recognized in leading legal directories such as The Best Lawyers in America© and Chambers USA: America's Leading Lawyers for Business.

Firm Highlights

Matter

Advised Fortune 500 Company on Group Health and Welfare Benefit Plans

We were engaged by a Fortune 500 manufacturing company to provide legal and compliance services regarding its group health and welfare benefit plans. During the course of our representation, we have advised the company...

Blog

New Options for Retirement Plan Distributions Under SECURE 2.0

This post summarizes the new distribution options, including penalty-free withdrawals, applicable to defined contribution plans under the SECURE 2.0 Act of 2022 (“SECURE 2.0”) and provides a timeline of their effective dates. The new...

News

Verrill Welcomes Partner Andrew M. Walsh to Firm’s Business Law Group

Publication/Podcast

U.S. Tax Considerations When Buying Property Abroad with Ruth Mattson

Verrill partner Ruth Mattson was recently featured on The American College of Trust and Estate Counsel 's podcast series Trust and Estate Talk . In this podcast, U.S. Tax Considerations When Buying Property Abroad...

News

Jim Cohen Discusses “No Blank Checks” Citizen Initiative Before Maine Legislative Committee

Verrill Partner Jim Cohen was recently quoted in a Spectrum News article " Maine Ballot Initiative To Require Voter Approval For $1B Borrowing Gets Broad Support.” Maine LD 1772 is a citizen-initiated ballot question...

Blog

GLORY, GLORY, HALLELUJAH!

Remember that old parody of the Battle Hymn of the Republic we used to sing before there was an Internet? There are apparently many versions, but they all generally involve children inflicting various types...

Blog

Tesla’s Cybertruck Raffle

On May 11, 2023, @BabyTesla3 sent out a Tweet: NEW: Tesla has revamped the Referral program and introduced a new loyalty program! Here’s what you need to know • S/X: 3,500 credits (referrer) &bull...

Matter

Elections and Constitutional Law: Successfully Challenged Certification of Initiative Petition

In a victory for consumers and the ride-hailing public, the Massachusetts Supreme Judicial Court recently barred the Secretary of State from placing on the November ballot initiative petitions proposed by companies such as Uber...

Event

Virtual Lunch & Learn: Human Resources in Small Business/Startups

Verrill associate Emily Waddell will be presenting at PROPEL 's Virtual Lunch & Learn: Human Resources in Small Business/Startups. In addition to presenters sharing their expertise, this session covers various Human Resource topics including...

Publication/Podcast

State Trademark Registration

The United States has two levels of trademark registration: state and federal. A state trademark registration is issued by a state office and protects a trademark only in that state, whereas a federal trademark...

Contact Verrill at (855) 307 0700