Kerr Russell has extensive experience in every aspect of the law involving bankruptcy, reorganization, corporate restructurings and out-of-court workouts. Our attorneys have represented corporate debtors, creditors’ committees, trustees, receivers, secured lenders and unsecured creditors in a variety of industries inside and outside of court. We help creditors maximize their recoveries, and businesses experiencing distress navigate challenges and determine a path forward.
Kerr Russell bankruptcy and restructuring attorneys have assisted numerous small to middle-market businesses with the resolution of their insolvency issues. Kerr Russell attorneys are skilled at reaching creative solutions to the legal problems of financially distressed businesses outside of court. Our attorneys have successfully guided numerous businesses through successful out-of-court restructurings that preserve business operations for owners and employees while enhancing value for creditors.
Where necessary, Kerr Russell attorneys have successfully guided numerous businesses through the Chapter 11 process, including automotive, retail, manufacturing, aviation, health care, real estate, construction and entertainment. In light of the challenges facing health care organizations—including physicians groups, hospitals, and health systems—in today’s complex, heavily regulated, and volatile economy, we have gained considerable experience working with clients who are struggling to compete effectively in this environment.
In all restructuring matters, we are able to build consensus among key constituencies, including creditors, lenders, and equity holders, to craft resolutions that get our clients out of court and back to running their businesses. We also provide zealous advocacy to ensure that assets are protected to the greatest extent possible.
We emphasize a team approach in bankruptcy and restructuring matters. Our attorneys work closely with and draw on the talents of firm colleagues in other practice areas including corporate, securities law, employment, real estate, tax and litigation. We have significant experience in representing both public and private companies in insolvency matters. Our fee structure enables us to handle complex insolvency matters for our clients in a cost-effective manner.
Our services in bankruptcy and restructuring include:
- Counseling financially troubled companies through out-of-court restructurings in order to avoid bankruptcy and, if necessary, assisting them with bankruptcy filings
- Representing small to middle-market businesses in all aspects of the Chapter 11 bankruptcy process, including negotiating debtor-in-possession financing agreements, § 363 sales and preparing plans of reorganization
- Representing creditors’ committees, creditors and trustees in Chapter 11 proceedings
- Representing clients in bankruptcy litigation, including actions to recover preferential transfers and fraudulent conveyance and claims resolution
- Representing purchasers and sellers of assets of insolvent companies both in and out of bankruptcy
- Representing secured and unsecured creditors’ interests both in and out of bankruptcy
- Assisting clients with out-of-court loan workouts and restructurings, including negotiating and drafting forbearance agreements
- Representing court-appointed receivers
- Representing companies and individuals with a resolution of tax debt, both in and out of bankruptcy
- Representing clients in liquidation and restructuring proceedings including assignments for the benefit of creditors, out-of-court creditor compositions, receiverships and Chapter 7 bankruptcies
- Representing trustees and corporate restructuring officers in bankruptcy proceedings
- Advising boards of directors regarding their fiduciary obligations as a result of pending insolvency
- Protecting rights of creditors by analyzing their secured position and assisting with asset recovery and foreclosure
- Advising clients in the automotive industry with troubled customers or troubled suppliers to maximize the recovery of claims and ensure continued production
Attorneys

Jason W. Bank
Member

William C. Blasses
Member

Danielle M. Kus
Associate
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January 15, 2018
Honoring the legacy of Reverend Martin Luther King, Jr.
August 15, 2014
Jason W. Bank authors article "The Detroit Bankruptcy: The Olympics of Restructuring"
June 11, 2014
Jason W. Bank authors, "Navigating Financial Turbulence; Preserving Air Carrier Certificates in Chapter 11"
October 12, 2013
Jason W. Bank authors "The Motor City Faces a Rocky Road in Chapter 9 Bankruptcy"
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November 3, 2022
Kerr Russell Ranked As U.S. News “Best Law Firm” 2023
August 18, 2022
Kerr Russell Attorneys Recognized by Best Lawyers in America© 2023 and Best Lawyers: Ones to Watch
August 12, 2022
Kerr Russell Attorneys Named 2022 Michigan Super Lawyers and Rising Stars
November 15, 2021
16 Kerr Russell Attorneys Recognized As DBusiness 2022 Top Lawyers
November 4, 2021
Kerr Russell Ranked As U.S. News “Best Law Firm” 2022
August 19, 2021
Kerr Russell Attorneys Named to 2022 Best Lawyers® List
November 16, 2020
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November 9, 2020
Kerr Russell Ranked As U.S. News “Best Law Firm”2021
September 18, 2020
Kerr Russell Attorneys Named 2020 Michigan Super Lawyers and Rising Stars
August 20, 2020
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July 14, 2020
15 Lawyers From Kerr Russell Recognized as Leading Lawyers 2020
March 17, 2020
Coronavirus/COVID-19 Business Continuity: A Message to Our Community, Clients and Friends
February 26, 2020
Jason Bank Receives New Bankruptcy Court Appointment
November 15, 2019
19 Kerr Russell Attorneys Recognized as DBusiness Top Lawyers for 2020
September 3, 2019
15 Kerr Russell Attorneys Recognized on the 2019 Michigan Super Lawyers List
August 15, 2019
15 Lawyers From Kerr Russell Are Recognized In The Best Lawyers In America© 2020
August 9, 2019
Kerr Russell Attorneys Prevail in Case Before the Michigan Court of Appeals
June 11, 2019
Attorney James E. DeLine to Speak at the Central States Bankruptcy Workshop
January 11, 2019
William C. Blasses Elevated to Member of Kerr Russell
October 29, 2018
Attorneys William Blasses and James DeLine Prevail at Trial on a Claim of Non-dischargeability on Behalf of a Creditor
September 20, 2018
Kerr Russell recognizes our 2018 dbusiness Top Lawyers in Metro Detroit honorees
September 7, 2018
15 Kerr Russell attorneys recognized as 2018 Super Lawyers
September 4, 2018
Jason Bank publishes "Nuts and Bolts of Evaluating Third-Party Releases in Chapter 11 Plans" in the American Bankruptcy Institute Journal
May 15, 2018
Kerr Russell supports, attends Matrix Human Services Mission Fundraising Breakfast
May 13, 2018
2018 Detroit Heart Walk a great (if rainy) success - Kerr Russell colleagues contribute over $6,000
April 26, 2018
Kerr Russell, Jason Bank support Southeast Michigan American Heart Association Heart Walk ... seventh inning stretch!
April 4, 2018
Jason Bank appointed to Chapter Health Working Group by TMA Global
March 21, 2018
Toys R Us Bankruptcy and Ongoing Retail Distress
March 19, 2018
Kerr Russell kicks off American Heart Association Heart Walk involvement
March 7, 2018
ACG/TMA co-host “Women In Leadership,” a panel of leading Detroit-based female executives discussing opportunities and challenges for women; Kerr Russell a silver sponsor
February 20, 2018
Second session of 2018 Detroit Bar Association "Inn of Court" series is a capacity affair
February 16, 2018
Dan Beyer, William Blasses obtain favorable judgment (deed in lieu of foreclosure)
February 15, 2018
Jason Bank, new member of Detroit Athletic Club
January 18, 2018
Detroit Lawyer Magazine, February 2018, features William Blasses
January 16, 2018
ACG/TMA co-host, Kerr Russell sponsors "Automotive Landscape: An Inside Look at a Driver of the Global Economy"
January 3, 2018
Kerr Russell highlighted in Best Lawyers - Business, Winter 2017 issue
December 18, 2017
Kerr Russell team makes holiday donations to Capuchin Soup Kitchen, Wigs 4 Kids, Ronald McDonald House Charities of Ann Arbor, and Children's Hospital of Michigan
December 7, 2017
William Blasses honored as Up & Coming Lawyer at Michigan Lawyers Weekly 2017 luncheon
November 30, 2017
Merry and bright ... Kerr Russell welcomes the holiday season
November 16, 2017
Culture of Connection - new Kerr Russell ad to appear in Michigan Lawyers Weekly and dbusiness
November 3, 2017
Kerr Russell launches new advertising in upcoming issues of dbusiness and Crain's Detroit
November 3, 2017
Kerr Russell recognizes this year’s dbusiness Top Lawyers in Metro Detroit honorees
November 1, 2017
Kerr Russell ranked in the 2018 U.S. News - Best Lawyers® "Best Law Firms" list nationally in 1 practice area and regionally in 17 practice areas
October 18, 2017
Kerr Russell's Bill Blasses named "Up & Coming Lawyer" by Michigan Lawyers Weekly
October 11, 2017
Jason Bank featured in Turnaround Management Association Detroit, Fall '17 Newsletter
September 18, 2017
Kerr Russell welcomes parents and students to Matrix Human Services Headstart Plymouth Center
September 12, 2017
16 Kerr Russell attorneys recognized as 2017 Super Lawyers
September 8, 2017
Broc Gullett participates on Michigan Association of Bar Executives "Bar Association Boot Camp" panel
August 1, 2017
From Crain's Detroit: Partners acquire Linear AMS back from Moog (Kerr Russell mentioned)
January 15, 2017
Kerr Russell receives consecutive awards from The M&A Advisor: John Gatti and Mike Gibson receive 2016 “Materials Deal of the Year” Award
November 7, 2016
Kerr Russell attorneys named 2017 Top Lawyers by dBusiness Magazine
November 1, 2016
Kerr Russell Attorneys Named 2016 Super Lawyers
August 10, 2016
Kerr Russell, John D. Gatti and Michael D. Gibson named finalists by M&A Advisor for Restructuring Deal of the year Award.
January 1, 2016