Kenneth R. Beams, Esq.
Ken specializes in bankruptcy and insolvency, representing both creditors and debtors, as well as litigation generally. Ken has managed high stakes matters since 2001 when he joined the prestigious bankruptcy and insolvency firm of Schafer and Weiner, PLLC, where he worked until 2010, when he started his own law firm, Kenneth R. Beams, PLLC, continuing his practice of litigation and insolvency-bankruptcy work in the tradition of his late mentor, Arnie Schaefer, Esq.
Ken’s recent engagements include a creditor in a high-profile bankruptcy case in which he guided his client through contentious bankruptcy proceedings resulting in a settlement of several millions of dollars. He regularly represents Tier II automotive suppliers in financing, workout, and bankruptcy scenarios. Also, Ken recently represented an investment fund that purchased pools of distressed notes and mortgages, successfully working to maximize the return on each of the loans through transactions, litigation, and foreclosures. Additionally, Ken has been involved in handling numerous complicated bankruptcies, including the reorganization of Greektown Casino as well as reorganizations and liquidations of automotive suppliers and real estate developers.
Ken’s litigation experience includes:
- Breach of contract matters
- Business tort litigation
- Membership and shareholder oppression lawsuits
- Construction disputes, including lien foreclosures, quiet title, and construction defects
- Bankruptcy related litigation, including fraudulent transfers, preferences, dischargeability of indebtedness, and litigation related to plan confirmation
- Bank litigation, including collection of indebtedness and lender liability
Ken’s experience in business transactions includes the following:
- Purchase and sale of commercial real estate
- Formation of new companies
- Asset sales
- Secured loans
- Sale of businesses
Ken graduated in the top 20% of his class from Wayne State University Law School in 2001.