Goulston & Storrs is recognized regionally and nationally for its expertise in real estate workouts and restructurings. The 2017 Chambers guide quoted an independent source who described our Workouts & Restructurings Group as follows: “They are a strong team [with] a substantial and broad-based practice representing debtors and lenders.” Other sources told Chambers: "They are very client-centric, always quick to return calls and address critical issues, and they provide expert advice at a reasonable cost." They can “balance the legal and business aspects, marry them together and find easy, workable solutions.”
Advocates on our service team include two Fellows of the American College of Bankruptcy, Chambers band-one rated lawyers, former clerks to U.S. bankruptcy court judges, and active lecturers and speakers on bankruptcy topics at conferences sponsored by American Bankruptcy Institute (ABI), National Conference of Bankruptcy Judges (NCBJ) and Turnaround Management Association (TMA). Some of our lawyers are also past or present leaders in the Turnaround Management Association.
Collectively, the lawyers on our team are admitted to practice in multiple U.S. district courts, appellate courts and the United States Supreme Court. They have garnered many years of experience handling almost every conceivable type of workout and restructuring arrangement.
Our bankruptcy and workout attorneys work seamlessly with lawyers in our finance, real estate, environmental and tax groups across all three offices. As a result of this collaborative culture, we are able to develop some novel home-grown approaches to real estate workouts, particularly ones structured to take advantage of tax benefits.
Clients appreciate that we work as a team to provide practical results-oriented counseling within the context of a low-leverage, lean staffing model that insures partner level responsiveness to every matter and cost-effective service delivery.