Daily News: June 17, 2016

Greenberg Traurig Adds Two Bankruptcy/Restructuring Pros

Bankruptcy and restructuring attorney Karl D. Burrer joined global law firm Greenberg Traurig as a shareholder in the firm’s Houston office and a member of its Business Reorganization & Financial Restructuring Practice.

In addition, Lenard M. Parkins, who also recently joined Greenberg Traurig, will help expand the firm’s bankruptcy and restructuring practice in Texas. Parkins will split his time between the Houston and New York offices. Both attorneys previously practiced law at Haynes and Boone.

Burrer focuses his practice on corporate financial restructuring. He has represented corporate debtors and senior and junior secured creditors in all phases of corporate debt restructurings, including negotiating out-of-court workouts and litigating in-court Chapter 11 bankruptcy cases with assets ranging from $20 million to more than $1 billion. Burrer often advises parties on debt and equity financing as well as asset sales and has represented both plaintiffs and defendants in complex commercial litigation matters pending in federal courts across the country.

Parkins focuses his practice on the counseling and representation of large- and medium-sized corporations, bondholders, indenture trustees, secured lenders, numerous funds, oil and gas interest holders and creditors’ committees in financial restructurings, litigation, workouts and formal reorganization cases throughout the U.S. He has also represented debtors regarding issues of dealing with collective bargaining agreements and the requirements needed to reject collective bargaining agreements under Section 1113 of the bankruptcy code.