Led by partners Arnold Schafer, Daniel J. Weiner, Michael E. Baum and Howard Borin, Schafer and Weiner, PLLC is a full-service law firm specializing in bankruptcy, turnarounds, out-of-court workouts and commercial litigation.
DEBTORS. Schafer and Weiner, PLLC often represents companies seeking to reorganize their businesses and individuals seeking to reorganize their finances inside or outside of the courts. Schafer and Weiner, PLLC and its partners have assisted in more successful reorganizations than any other firm in Michigan. Our unsurpassed experience guides our clients efficiently and effectively, often with extraordinary results. Our creative and efficient approach to problem solving ensures a successful result at a reasonable cost
Schafer and Weiner, PLLC's clients range from large automotive suppliers and publicly traded organizations to "Mom and Pop" grocery stores. We have successfully counseled clients in complex reorganizations as well as in major litigation in bankruptcy and appellate courts. In hundreds of out-of-court reorganizations, we design and implement the strategies that help our clients overcome adversity and create opportunity.
A small portion of Schafer and Weiner, PLLC’s practice involves assisting individuals with relief under the Bankruptcy Code, Title 11 of the United States Code. Providing these services makes us a debt relief agency, as we do help people file for bankruptcy relief under the Bankruptcy Code.
CREDITORS' COMMITTEES. Schafer and Weiner, PLLC's experience representing debtors has proven valuable in our representation of unsecured creditors' committees and realizing the maximum amount from bankruptcy estates. We can quickly analyze the strengths and weaknesses of any debtor, including (i) the likelihood that the company will successfully reorganize and the resulting benefit to creditors, (ii) the identity of assets available to creditors and (iii) claims against third parties, including the debtor's insiders. Schafer and Weiner, PLLC regularly negotiates substantial dividends to unsecured creditors - even when the debtor's liquidation analysis shows that its secured creditors will not be paid in full.
TRUSTEES. Schafer and Weiner, PLLC also has substantial experience in representing trustees and liquidating bankruptcy estates. We achieve the twin goals of maximizing value and speedily collecting and liquidating all assets, including claims against affiliates and third parties.
PURCHASERS. Bankruptcy often provides bargains, from operating businesses to piecemeal assets. With our skill and guidance, our clients successfully acquire valuable opportunities at bankruptcy sales. Purchasing assets out of bankruptcy provides a unique opportunity to insulate purchasers from many problems related to successor liabilities. Our strategic approach produces results.
LITIGATION. Schafer and Weiner, PLLC's seasoned, aggressive litigation team prides itself on its ability to handle complex commercial litigation including breach of contract, business torts, and securities fraud. We focus on end-game solutions either through trial or settlement. We are as comfortable in the courtroom as we are at the negotiating table, and we use both arenas to procure positive results for our clients.
OTHER SERVICES. Schafer and Weiner, PLLC provides its clients with a full range of other services unrelated to reorganizations and litigation. Our corporate department handles complex loan closings, mergers and acquisitions, condemnation and other related matters. Schafer and Weiner, PLLC is able to serve the most diverse business needs of our corporate clients as well as the specific needs of each individual we represent.
WE TURN ADVERSITY INTO OPPORTUNITY
