Jim Prince's practice centers on restructuring distressed businesses, both inside and outside of state and federal insolvency proceedings. His emphasis is on maximizing asset values and enhancing creditor and stakeholder recoveries, primarily through consensual workouts and debt restructuring, reorganizations, distressed capital market transactions and offensive and defensive litigation involving lending transactions. He frequently advises on buying distressed assets, in and outside of bankruptcy, and regularly advises boards on duties during distress situations. Mr. Prince represents debtors, creditors and third-party capital providers in chapter 11 proceedings and out-of-court workouts.