Becker & Poliakoff, P.A. Named Counsel in Conseco Bankruptcy Proceedings.Business Editors/Legal Writers FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Feb. 17, 2003 Florida Firm Chosen to Represent Official Unsecured Creditors Committee in Third Largest Bankruptcy in U.S. History Becker & Poliakoff, P.A., a Florida-based, statewide and international commercial law firm, has been chosen as counsel to unsecured creditors of Conseco Finance Corp. and Conseco Finance Servicing Corp., subsidiaries of Conseco, Inc., which filed Chapter 11 bankruptcy on December 17, 2002. The Conseco multiple filings in the Northern District of Illinois, Eastern Division Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. , Chicago, represent the third largest bankruptcy in U.S. history, after Enron and WorldCom. Conseco is one of the country's leading providers of insurance, investment and lending products. Gary L. Blum, a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of attorney with more than 35 years of experience in complex reorganization and bankruptcy cases, will lead the representation along with Ivan Reich, a shareholder in Becker & Poliakoff's Bankruptcy and Financial Restructuring Group. Mr. Blum recently became counsel to the firm. Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. will be led by Gary Rosen, a board certified board certified, adj the status of a dental specialist such as an orthodontist who has become a board diplomate by successfully completing the certification program of the recognized certification board in that area of practice. attorney and specialist in business litigation, as well as a shareholder of the firm. Conseco, Inc. recently announced it had reached an agreement in principle with its banks and bondholders on a financial restructuring that would substantially reduce its debt. However, Conseco Finance Corp. and Conseco Finance Servicing Corp. have not reached agreement with their unsecured creditors. "The Official Creditors' Committee creditors' committee A group of lenders who seek to protect their interests in connection with a borrower that experiences financial difficulties. will play an important role in seeking to better the position and recovery of creditors than presently postured in debtors' liquidation plan," commented Mr. Blum. "It is gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that Becker & Poliakoff has been selected to provide counsel in a case of this size and significance, an appointment that validates this firm's commitment to building a high-quality bankruptcy practice." Mr. Blum and Mr. Reich recently successfully concluded the Naranja Lakes Chapter 11 cases filed in Miami, involving novel real property, condominium and bankruptcy issues stemming from the destruction of improvements to real property caused by Hurricane Andrew This article is about the 1992 hurricane; there was also a Tropical Storm Andrew during the 1986 Atlantic hurricane season. Hurricane Andrew is the second-most-destructive hurricane in U.S. history, and the last of three Category 5 hurricanes that made U.S. . In addition, the firm recently represented the Official Committee of Unsecured Creditors in the Tutor Time Learning Centers bankruptcy and is currently counsel to the Liquidating Trustee in that case. The firm also recently was selected as counsel to the Official Committee of Unsecured Creditors in the American Financial Group of Aventura filing. Becker & Poliakoff, P.A. is a diversified commercial law firm based in Ft. Lauderdale with more than one hundred attorneys in fourteen Florida offices and international and affiliated offices in the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , China, Germany, France and Switzerland. In addition to Bankruptcy, the firm counsels clients in legal issues relating to Real Estate, Corporate, Tax, Technology, International Trade, Intellectual Property and many other areas of law. The firm recently celebrated its 30th anniversary. |
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