Counterparty Insolvency and Risk Management
Haynes and Boone's Restructuring Practice Group advises many financially healthy clients on counterparty insolvency issues that arise in our client's business operations. Our attorneys assist in creating corporate policies to minimize bankruptcy exposure and preference liability and to react effectively to distress or bankruptcy of clients' business partners. Our attorneys assist with drafting and reviewing contract provisions that minimize insolvency risk, drafting claims to be filed in bankruptcy cases, negotiating, settling and litigating preference and bankruptcy claim issues, and various other bankruptcy-related issues that arise on a regular basis. Our clients recognize that minimizing and managing insolvency risk can create significant long-term operational savings.
In the U.S. News & World Report and Best Lawyers "Best Law Firms" 2023 directory, Haynes and Boone, LLP is ranked nationally (Tier 1-3) in 33 practice areas and regionally in about 100 practice areas. The Best Law Firms rankings are based on client and lawyer evaluations. Haynes Boone received the highest ranking, National Tier 1, for 11 practice areas: Appellate, Bankruptcy and Creditor Debtor [...]