About the Firm
Since 1992, we have helped both small and large companies master their financial challenges. Widely respected in the Washington State legal community, we are known for our intelligence, diligence and tenacity in helping companies deal with lenders, landlords, trade creditors and taxing authorities.
The BSK practice focuses almost exclusively on commercial debtor and creditor issues, with an emphasis on representing companies in out-of-court workouts and restructurings and as debtors in Chapter 11 bankruptcy cases. We also routinely represent creditors, creditor committees, and trustees in this arena. Chambers USA, an independent directory which researches and assesses law firms and lawyers in America, cited BSK lawyers as “effective, pragmatic” “creative and practical,” cited Gayle Bush as “a top-tier debtor lawyer,” cited Jay Kornfeld as “an outstanding negotiator,” and cited the pair as “names that instantly spring to mind” and “a pair of creative problem solvers.”
The attorneys at Bush Strout & Kornfeld have significant experience with financial problems in a wide variety of fields, including real estate developments, commercial fishing, telecom, wood products, retail, grocery, high-tech, biotech, agricultural, distributorships and financing institutions. In recent years, the firm has represented Brown & Cole Stores (30 stores, $300 million annual revenues, $100 million debt to 7 lenders; 1,500 employees) and Port Townsend Paper (large paper mill, $300 million annual revenues, 1,000 employees) in their successful Chapter 11 reorganizations; Larry's Markets in its Chapter 11 sale efforts; Associated Grocers in its successful workout ($1 billion annual revenues, $300 million debt to 17 lenders); more than 20 residential developers/homebuilders; and publicly-traded companies such as CellPro, UStel and Westar Leasing.