Banking & Finance Litigation
The firm has extensive experience in the bankruptcy court representing secured creditors, unsecured creditors, equity holders and debtors in the full range of issues arising in bankruptcies, including cash collateral disputes, financing objections, adequate protection fights, fraudulent conveyance allegations, preference suits, priming litigation and confirmation matters. Goldberg Kohn has also been involved in significant bankruptcy court litigation relating to the protection of claims respecting intellectual property.
- After an adverse decision by the Circuit Court of Cook County, Goldberg Kohn was engaged by a major bank to intervene in litigation in which the issuance of $1 billion worth of state agency bonds was challenged and found unconstitutional. The validity and enforceability of the bonds were at risk. The firm took the matter directly to the Illinois Supreme Court and obtained a reversal of the trial court decision. This issue was resolved within nine months of the firm's engagement and has become a leading case on the use and propriety of special purpose state agency financing techniques.