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Transportation

The firm has represented debtors and creditors' committees in chapter 11 cases of airline carriers and companies engaged in trucking, logistics, and other sectors of the transportation industry. 

The firm has extensive experience in the restructurings and complex bankruptcy proceedings for clients in all segments of the transportation sector. We have handled chapter 11 bankruptcy cases on behalf of a wide range of clients, such as airline carriers, and companies engaged in trucking, logistics, shipping and all other areas of the transportation industry. The firm is familiar with the unique and complex issues, such as economic pressures, subrogation, first-party and third-party liability, evolving technology, and climbing fuel costs, faced by distressed transportation entities.

Over the years, PSZJ has built a reputation as one of the leading law firms counseling clients in the maritime industry, including lenders, vessel owners, domestic and foreign ship owners/charters, passengers and underwriters, among others. The firm is well-versed in the intricate issues, both in and out of bankruptcy, surrounding the drafting and enforcement of ship mortgages and maritime liens; the negotiating and drafting contracts for the sale, financing and construction of large yachts; sales contracts, bills of lading and letters of credit for shipments of cargo in international commerce; the prosecution and defense of P&I cargo damage claims; subrogation claims for underwriters; at least 50 claims for damage to vessel; and personal injury and death claims.

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