Services Litigation Bankruptcy & Creditors’ Rights

Financial distress requires decisive action and informed strategy.

Cassidy Coates Price provides experienced bankruptcy and creditors’ rights representation to businesses and lenders. Our clients include local, regional, and national banks, financial institutions, and commercial creditors. Attorney Jim Cassidy and Weyman Carter are designated by the South Carolina Supreme Court as Certified Specialists in Bankruptcy and Collection Law.

We assist clients in resolving complex matters involving corporate reorganizations, commercial debt restructurings, out‑of‑court workouts, and bankruptcy and insolvency litigation. Our clients include financial institutions, secured and unsecured creditors, municipalities, commercial debtors, bondholders, indenture trustees, Debtor In Possession financing lenders, creditors’ committees, examiners, purchasers of distressed businesses, landlords, and equity holders. Our firm has also served as counsel to U.S. Bankruptcy Trustees in litigation pursuing claims that may result in recoverable assets.

Our Services Include:

  • Foreclosures, collections, loan restructurings, and workouts involving distressed debt
  • Creditors’ rights and bankruptcy
  • Commercial lending and real estate finance matters
  • Representation of lenders in complex commercial financing transactions, including SBA financing
  • Lender‑liability litigation

Our bankruptcy and creditors’ rights attorneys work closely with attorneys across the firm’s other practice areas, including business, litigation, banking and finance, real estate, healthcare, and employment law, to provide coordinated and strategic representation.

  • Bank Reverses Default Judgment in Fraudulent Conveyance Action

    Represented a regional bank in a fraudulent conveyance action. Obtained reversal of a default judgment. Preserved recovery rights.

  • Creditor Enforces Purchase-Money Security Interest Against Distributor

    Represented a secured creditor in enforcing a purchase‑money security interest against a former distributor. Pursued recovery of inventory and proceeds following default. Protected collateral position through litigation.

  • Creditors Recover $25 Million in Multijurisdictional Enforcement Action

    Represented secured creditors in a multi‑jurisdictional enforcement matter involving approximately $25 million in loans. Coordinated foreclosure, bankruptcy, and receivership actions. Achieved recovery through structured liquidation.

  • Family Fund Completes Tax-Deferred Property Exchange

    Represented a family investment fund in a tax‑deferred exchange involving multiple properties. Coordinated title, easement, and covenant issues. Successfully completed the exchange structure.

  • Financial Institution Wins Summary Judgment in Lender Liability Suit

    Represented a financial institution in lender liability litigation. Obtained summary judgment on counterclaims. Eliminated significant exposure.

  • Lender Enforces $25 Million Multi-State Loan Recovery

    Represented a private real estate investment lender in a coordinated multi‑state enforcement action involving defaulted commercial loans exceeding $25 million. The matter included foreclosures, receiverships, and a bankruptcy converted from Chapter 11 to Chapter 7. Achieved favorable recoveries through coordinated asset liquidation and settlement.

  • Lender Forecloses on 25+ Related Construction Loans

    Represented a secured lender in foreclosure of more than 25 related construction loans. Enforced lien rights against multiple parties. Achieved recovery through title acquisition and sale proceeds.

  • Lender Navigates Multicounty Foreclosure on Sensitive Property

    Represented a lender in a multi‑county foreclosure involving environmentally sensitive property. Addressed regulatory and title complexities. Protected collateral interests.

  • Manufacturing Client Acquires Distressed Assets Through Bankruptcy Sale

    Represented a manufacturing investment client in acquiring distressed assets through a bankruptcy sale free and clear of liens. Coordinated expedited diligence and worked with the Chapter 7 trustee following conversion. Successfully preserved buyer protections and closed the transaction.

  • Purchaser Closes Bankruptcy Sale of Manufacturing Assets

    Represented a purchaser in acquiring manufacturing assets through a bankruptcy sale. Negotiated purchase terms and secured court approval. Closed free and clear of liens.

  • Secured Creditor Recovers Tax Refunds From Bankrupt Corporation

    Represented a secured creditor in recovering tax refunds of a bankrupt corporation. Established entitlement to refunds as collateral. Secured recovery.

  • Secured Lender Forecloses on 28 Construction Loans

    Represented a secured lender in the foreclosure of approximately 28 construction loans secured by residential development properties. Managed coordinated actions and enforced lien priority against junior creditors. Achieved recovery through judgments, sale proceeds, and title acquisition.

Attorneys

Weyman Carter

Weyman Carter

Attorney

864-349-2617
Jim Cassidy

Jim Cassidy

Attorney

864-349-2602
Amber Glidewell

Amber B. Glidewell

Managing Partner

864-349-2611

Litigation

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