Bankruptcy Law Firm Defeats Equipment Leases for Client in Chapter 11Los Angeles-Long Beach, California bankruptcy lawyer Jerry Cohen obtained two court orders relieving a company in Chapter 11 from equipment leases. Cohen, board-certified in Business Bankruptcy, utilizes Chapter 11 to refinance businesses. Admitted to practice in other states including Delaware, Cohen is called upon by lawyers and accountants. On this case, Cohen said, "Congress gives a bundle of benefits in Chapter 11. Often, a bank or leasing company falls into traps in preparing equipment lease papers. An enlightened lessee can turn the bank's secured claim into an unsecured claim. That happened here." Cohen represents creditors, debtors, and other players in the bankruptcy refinance process, and can be reached at 562-901-9970. |
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