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Paul Shankman
Attorney

Paul Shankman

Of Counsel at Fortis LLP

Costa Mesa, California

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Specialties & Experience

Criminal Law

About Paul Shankman

Services Pre-petition planning: Debtor-In-Possession financing; Coordinate with management, consultants, and turn-around specialists. Workouts: Implement out-of-court workouts; Renegotiate bank loans; Payment plans with trade vendors; Assist in locating new capital; Coordinate with management consultants. Assignment for the Benefit of Creditors: Represent both debtor/assignor companies and assignees; Implement assignments for the benefit of creditors; Structure sales to third parties as part of assignments. Committee Representation: Representation of creditor, equity holder committees, and bond holders; Creditor plans of reorganization; Monitoring of debtor reorganization cases. Creditor Representation: Pursue defaulting debtors; Injunctions, writs of attachment and possession, receiverships, and like procedures; Forbearance agreements; Design use of cash collateral and debtor-in-possession financing agreements; Obtain relief from stay; Prosecute and defend lender liability actions. Purchase and Sale of Distressed Assets: Section 363 sales for debtors; Sales through assignment for benefit of creditors; Sales through UCC foreclosure; Represent buyers of assets in bankruptcies; Advise on opportunities and risks associated with distressed sale transactions. Adversary Litigation: Preference, fraudulent transfer, and other avoidance actions; Advise clients on structuring settlements. Trustee representation: Asset analysis; Asset recovery; Forbearance litigation; Denial of discharge litigation. ________________________________________ Call Me When Call me when the bank says no, your client can’t collect the A/R, or the litigation seems lost. I arbitrate, mediate, and litigate financial disputes and find creative solutions which sometimes lead to bankruptcy court.

Location & Contact

Costa Mesa, California

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