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Restructuring Maine Business to Survive the Recession:
All Over Maine
Perkins Olson has helped business owners from all over Maine restructure their business and financial affairs over this summer.
Highlights include:
Debtor's counsel in the successful sale of the assets of a large, south central Maine apple producer. (See below.)
A workout of multi million dollar claims on a major shopping center development in the Greater Portland area. (See below.)
Successfully representing a series of individuals in personal bankruptcy matters. (See below.)
A reorganization of bank debt of a major resort in the mid coast
A negotiated change of financing terms that saved our developer client over $700,000 per year in interest payments
A settlement of a significant guarantee claim on an owner of over 200 units of apartment units in Central Maine after a threat of chapter 11
Arranging the sale of a major manufacturer due to its parent company's insolvency
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