For more than 30 years, Caroline has represented clients involved with financially troubled companies of all sizes across an array of industries. She regularly counsels clients who are attempting to resolve their financial difficulties outside a formal reorganization process and clients who are lenders to, landlords of, or creditors of such companies. Caroline represents lenders and borrowers in lending transactions and workouts, including foreclosures under the Uniform Commercial Code. She regularly represents trustees, secured creditors, landlords, creditors’ committees, and other key creditors in business reorganization and liquidation proceedings.
Recent bankruptcy court proceedings she’s handled include representation of a Chapter 11 trustee in related oil and gas businesses; secured lenders to affiliated gold mining companies; and the distributor to a bankrupt airplane dealer. She also represents receivers in state and federal court receivership proceedings. Recent engagements involve receiverships for businesses run as Ponzi schemes or involving securities fraud and numerous cases involving distressed real estate developments. One recent matter involved a condominium project suffering significant design defect issues, which were successfully mitigated, resulting in the sale of all unsold units.
Before joining Fairfield and Woods in 1986, Caroline clerked for Chief Judge John F. McGrath, United States Bankruptcy Court - District of Colorado.