General

LITIGATION

Cox Smith Matthews Incorporated

Forshey Prostok has been retained by Cox Smith Matthews Incorporated as an expert witness in connection with a malpractice claim asserted against Debtor’s counsel in a Chapter 11 reorganization case.

 

ASSET ACQUISITIONS

First Baldwin Bancshares, Inc.

Jeff Prostok recently successfully represented The First Bank in its acquisition of The First National Bank of Baldwin in a contested §363 sale in the Mobile, Alabama Bankruptcy Court.  Mr. Prostok previously represented Outsource Holdings, Inc. in its bankruptcy sale/merger of its 100% interest in Jefferson Bank, a Texas Bank with five branch locations in the DFW Metroplex, which was the first transaction of its kind in Texas.  Because of his expertise in this area, Mr. Prostok has worked on a number of other bank holding company bankruptcies throughout the country, as well as co-authored an article on the topic for the American Bankruptcy Institute Journal.

 

Associated Supply Company, Inc. (“ASCO”)

Forshey & Prostok successfully represented ASCO in its §363 purchase of assets valued in excess of $50M in the Hi-Way Equipment Company Bankruptcy, Case No. 13-41498-rfn-11.