Reorganizations and Workouts

We understand that financial distress can create change and challenge for our clients. Our lawyers possess a broad range of experience to help you navigate these challenges. We help our clients respond to opportunities to buy, sell, restructure, reposition, and reorganize distressed business, real estate and other assets.

Sassoon Cymrot Law, LLC’s lawyers provide solutions that draw upon their knowledge of bankruptcy and creditors’ rights law, as well as their business and industry experience. Our firm’s expertise in real estate and corporate finance, tax planning and compliance, as well as bankruptcy and litigation, assures our clients of effective representation in complex business workouts. Sassoon Cymrot Law, LLC, can propose strategies to minimize delays and manage costs. We help clients maximize opportunities to maintain the viability and success of their business, to optimize recovery and to preserve their assets.

Sassoon Cymrot Law, LLC, lawyers advise clients on strategies to protect collateral and assets. We help our clients develop strategic objectives and implement a workout plan. We advise clients of anticipated actions and responses under alternative scenarios. We assess refinancing options and loan structure, and identify and resolve loan documentation problems. We negotiate forbearance agreements, loan modifications, collateral turnover agreements, deeds in lieu of foreclosure, and loan assumption by another lender. We structure and document unconventional financing, including gap equity, purchase money, mezzanine financing, and private capital sources.


We're Excited to Announce!

Sassoon Cymrot Law and Grossman & Associates have joined together into one firm under the Sassoon Cymrot Law name effective May 1, 2021.