We are compassionate, experienced, and knowledgeable attorneys. We know that each of our clients have unique needs and concerns. We take the time to understand our clients' issues and goals. Then, we go to bat for our clients using our skills and expertise to provide winning solutions. OUr clients get to maximize their legal dollars, because we operate as cost-efficiently as possible.
We represent our clients beginning at any phase of a case, from the early planning stages through settlement discussions or trial, and appeals.
We are most known for our expertise in Bankruptcy Law. Our attorneys have more than 47 years of combined experience in successfully representing representing numerous individual debtors in Chapters 7, 11 and 13 cases; many public corporations and other corporate debtors and individuals in Chapter 11 Bankruptcy reorganizations, as well as Creditors' Committees, Investor's Committees, and Bondholders' Committees in Chapter 11 Bankruptcy cases; bankruptcy trustees in numerous Chapter 7 and 11 cases; defendants in preference, fraudulent conveyance, and other bankruptcy litigation; and banks, municipalities, insurance premium finance companies, the State Insurance Fund, and other secured and unsecured creditors and lessors in Chapters 7, 11, and 13 Bankruptcy cases. We also have extensive experience in representing individuals and businesses, as well as banks and other secured creditors, and landlords, in personal and business debt negotiations, settlements and workouts.
Neil Ackerman was one of 12 panel trustees in Chapters 7 and 11 Bankruptcy Cases for approximately 20 years in the United States Bankruptcy Court for the Eastern District of New York, Long Island Division; and was a former Law Clerk for a Bankruptcy Judge. Neil was also the editor of "Bankruptcy for Bankers" of the Banking Law Journal between 1999-2000; he authored 11 articles that were published in the Banking Law Journal, the New York Law Journal, and the Long Island Business News; he lectured at many legal seminars on Bankruptcy and Real Estate issues to Attorneys and Trade Associations; he has been interviewed twice on TV about Bankruptcy (on CNBC-24 and News12-Long Island), and in a national magazine (Inc.); and he has been quoted or appeared in articles in Newsday. Neil also wrote the briefs and successfully argued several precedent-setting decisions such as In re Gusam Restaurant Corp., 737 F.2d 274 (2d Cir. 1984) (causing Congress to enact 11 U.S.C. Section 105(c)); In re Northern Star Industries, Inc., 38 B.R. 1019 (E.D.N.Y. 1984); North Fork Bank, as Substitute Trustee of Group Trust No. 47, Debtor in Possession, and the Official Committee of Investors in the Chapter 11 Case of Group Trust No. 47 v. Abelson, 207 B.R. 382 (E.D.N.Y. 1997).
Our practice is not limited to Bankruptcy Law and Debtor/Creditor issues.
We have substantial experience and expertise in all types of litigation, real estate matters, and other types of legal representation.
We have years of experience in representing plaintiffs and defendants in business and other commercial litigation as well as personal litigation, including foreclosures, replevins, collection actions, malpractice actions, and breach of fiduciary duty actions under ERISA, the Internal Revenue Code and other applicable state and federal law.
We represent buyers and sellers in real estate transactions, real estate and other asset portfolio sales and purchases, and mortgage modifications.