Complex Bankruptcy Matters
Gravel & Shea represents creditors and others in large commercial bankruptcy reorganizations and liquidations, as well as related litigation. Our clients have included banks, venture capital firms and bidders on substantial estate assets. Representative decisions include In re Canney, 284 F.3d 362 (2d Cir. 2002), and Glinka v. Abraham and Rose, 1994 WL 905714 (D. Vt. 1994). In Canney, the Second Circuit, in reversing a line of Vermont bankruptcy decisions, held that the automatic stay in bankruptcy does not toll the equity of redemption period under state foreclosure proceedings. In Glinka, the District Court ruled that a creditor could not be forced to submit to bankruptcy jurisdiction with respect to state law claims against it.