More About Our Firm...

WJ&S has developed the reputation of being an innovator in the field of bankruptcy law. The firm has handled cases in which landmark legal decisions were rendered, forever changing the face of bankruptcy law. In 1983, long before pre-packaged plans of reorganization were in vogue, WJ&S completed the reorganization of a major real estate developer in less than 30 days.

WJ&S is highly experienced in representing a wide array of clients in bankruptcy matters. WJ&S has represented various landlords in large Chapter 11 cases, such as Loehmanns, Rickels and Bradlees. The firm has frequently represented institutional and individual secured lenders, holding liens on the assets of companies in financial difficulty. WJ&S has represented countless Chapter 11 debtors and creditors’ committees in large and small bankruptcy cases.

Aside from its handling of formal bankruptcy cases, WJ&S has developed a strong reputation for resolving the financial difficulties of its clients, without resorting to a formal bankruptcy proceeding. The firm has enjoyed great success in negotiating with all classes of creditors and consummating out-of-court settlements, thereby minimizing the costs of reorganization, the business interruption to the client and the time associated with the reorganization process.

WJ&S has also handled a multitude of insolvency related matters in Federal and State Courts. Robert B. Wasserman has been appointed Receiver by the United States District Court for the District of New Jersey. The firm is widely known as the preeminent firm handling Assignments for the Benefit of Creditors, a State Court liquidation process that frequently has substantial benefits over a Chapter 11 case.

WJ&S is known not only for its integrity and the quality of its work product, but also for the personal attention which it affords its clients. The firm has always prided itself on the ability of its members and associates to solve the problems of its clients creatively, but cost effectively. It is for these reasons that all of the members of the firm have consistently received the highest possible rating for competence and ethical conduct by legal publications, Martindale-Hubbell and their peers.