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  |  Apr 2019

KTB&S Attorneys Named Rising Stars 2019

Super Lawyers Thomson Reuters 2019 NATIONALLY KNOWN FOR ITS SKILL, CREATIVITY AND RESPONSIVENESS A Los Angeles-based premier boutique firm that serves clients across the country, Klee, Tuchin, Bogdanoff & Stern LLP (KTB&S) specializes in corporate finance, corporate and municipal restructuring work, and mergers and acquisitions. 2019 Super Lawyers Rising Stars.pdf

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Publications  |  Feb 2020

Lessons For Bankruptcy Practitioners From The Supreme Court’s Ruling In Rodriguez V. Fed. Deposit Ins. Corp

Lexis Practice Advisor LexisNexis.com/Lexis Practice-Advisor This article discusses the recent case of Rodriguez v. Fed. Deposit Ins. Corp. addressing the issue of which entity in a corporate group owns a tax refund issued to the group in respect of its consolidated tax return. Lessons for Bankruptcy Practitioners.pdf

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