Our clients have come to rely upon our experience in navigating the complex world of the bankruptcy courts when their railroad partners face challenging financial circumstances that could lead to reorganization proceedings. While we have represented a variety of classes of interests in these matters, most of our lawyers’ work has focused on preparing public agencies for the potential bankruptcy of contractors and owners of the lines the agencies use, and then assisting those public agency clients in protecting their interests through the bankruptcy process.
Our lawyers have advised clients in connection with railroad bankruptcies, which are subject to unique statutory requirements under the U.S. Bankruptcy Code and often require representation before the Surface Transportation Board (STB) as well as the court. Our detailed knowledge of the rail industry and experience with railroad bankruptcy matters enable us to assist our clients in approaching potential or actual railroad bankruptcy matters in a systematic and strategic manner.
Kaplan Kirsch & Rockwell attorneys have also represented a broad range of clients outside of the railroad and transit sector. Our experience regarding bankruptcy proceedings also includes matters concerning airports and infrastructure, as well as with environmental issues that come into play with troubled assets.