Most of KTBS' debtor and creditor representations never lead to chapter 11 or become a matter of public record, but rather are successfully resolved on a confidential, out-of-court basis. KTBS' intimate familiarity with the chapter 11 process--the drawbacks, the benefits, and the likely outcomes--makes KTBS uniquely suited to evaluate, structure, and implement out-of-court solutions. Over the last decade, KTBS has structured numerous successful out-of-court resolutions using a variety of strategies, including debt issuances and exchanges, credit facility amendments, inter-creditor first and second lien agreements, "Dutch auctions" for senior and junior debt positions, recapitalizations, and asset sale transactions. These transactions have occurred in a variety of industries, including agricultural, energy, entertainment, gaming, hospitality, health care, manufacturing, real estate, retail, service and technology industries. KTBS has developed a wide reputation in the legal and financial community for successfully structuring and accomplishing these out-of-court transactions, which avoid the cost, delay, and risk inherent in chapter 11 filings.

Recent News

KTBS in the News  |  Dec 2023

Partner Samuel Kidder has been named a 2023 Top 40 Under 40 Restructuring Professional by the American Bankruptcy Institute

KTBS Law is proud to announce that Partner Samuel Kidder has been named a 2023 Top 40 Under 40 Restructuring Professional by the American Bankruptcy Institute.  Mr. Kidder was selected by the ABI not only for his outstanding bankruptcy litigation practice, but also for his work teaching and mentoring the…

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Publications  |  Jun 2023

MOAC Mall Holdings LLC v. Transform Holdco LLC

MOAC Mall Holdings LLC v. Transform Holdco LLC - The Supreme Court's Second Rejection of a Jurisdictional Statutory Interpretation this Year. Sasha M. Gurvitz, KTBS Law LLP Writing for a unanimous court, Justice Jackson held in MOAC Mall Holdings LLC v. Transform Holdco LLC that 11 U.S.C.A. § 363(m)-a provision…

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