Eloy A. Peral utilizes both time-proven and creative strategies to help his clients navigate the intricacies and challenges of financial distress through out-of-court workouts and restructurings, and when necessary bankruptcy proceedings.  He works initially to accomplish his client’s goals in the most cost-effective way possible – without litigation.  However, when litigation is unavoidable, he relentlessly pursues his clients’ legal rights to force a favorable settlement or court ruling.

Eloy has represented trustees, creditors, creditor committees, and debtors in a wide range of complex bankruptcy cases throughout the United States. Recently, Eloy represented the liquidation trustees for the bankruptcy estates of Saab Cars North America, the largest vehicle franchisor to file bankruptcy and cease operations in American history, and Jesup & Lamont Securities Corporation, one of the oldest broker-dealers in the United States.

In the Saab case, before acting as counsel for the trustee, Wilk Auslander represented the North American dealers in their filing of an involuntary petition on behalf of Saab, and then served as counsel for the creditors’ committee. During these proceedings, Wilk Auslander and Eloy showcased a full-range of capabilities in large and complex cases. Their involvement in the case contributed to general, unsecured creditors receiving 80 cents on the dollar.

Eloy has gained significant experience in real estate related matters in bankruptcy while representing landlords, corporate tenants, investors, owners, lenders, and mortgage servicers.  He also has considerable experience in commercial litigation matters in state and federal district court and arbitration proceedings.

Prior to law school, Eloy worked as an aide to Senator Mel R. Martinez of Florida and as an intern for a lobbying and public relations firm.

  • Represent the liquidation trustee for the bankruptcy estate of Saab Cars North America, the largest vehicle franchisor to file bankruptcy and cease operations in American history.
  • Represent the liquidation trustee of Jesup & Lamont Securities Corporation, one of the oldest broker-dealers in the U.S. prior to its filing for Chapter 11 bankruptcy in October 2011.
  • Represent defrauded investors in a bankruptcy case filed by a real estate investment and construction company whose principal was charged criminally for perpetrating a fraudulent scheme involving embezzlement and forged deeds.
  • Represent a group of investors in a condominium development in Manhattan’s financial district in their lawsuit against various parties involved in the purchase and sale of the property and in the bankruptcy case filed by the alleged purchaser of the property. 

Overview

Eloy A. Peral utilizes both time-proven and creative strategies to help his clients navigate the intricacies and challenges of financial distress through out-of-court workouts and restructurings, and when necessary bankruptcy proceedings.  He works initially to accomplish his client’s goals in the most cost-effective way possible – without litigation.  However, when litigation is unavoidable, he relentlessly pursues his clients’ legal rights to force a favorable settlement or court ruling.

Eloy has represented trustees, creditors, creditor committees, and debtors in a wide range of complex bankruptcy cases throughout the United States. Recently, Eloy represented the liquidation trustees for the bankruptcy estates of Saab Cars North America, the largest vehicle franchisor to file bankruptcy and cease operations in American history, and Jesup & Lamont Securities Corporation, one of the oldest broker-dealers in the United States.

In the Saab case, before acting as counsel for the trustee, Wilk Auslander represented the North American dealers in their filing of an involuntary petition on behalf of Saab, and then served as counsel for the creditors’ committee. During these proceedings, Wilk Auslander and Eloy showcased a full-range of capabilities in large and complex cases. Their involvement in the case contributed to general, unsecured creditors receiving 80 cents on the dollar.

Eloy has gained significant experience in real estate related matters in bankruptcy while representing landlords, corporate tenants, investors, owners, lenders, and mortgage servicers.  He also has considerable experience in commercial litigation matters in state and federal district court and arbitration proceedings.

Prior to law school, Eloy worked as an aide to Senator Mel R. Martinez of Florida and as an intern for a lobbying and public relations firm.

Representative Matters

  • Represent the liquidation trustee for the bankruptcy estate of Saab Cars North America, the largest vehicle franchisor to file bankruptcy and cease operations in American history.
  • Represent the liquidation trustee of Jesup & Lamont Securities Corporation, one of the oldest broker-dealers in the U.S. prior to its filing for Chapter 11 bankruptcy in October 2011.
  • Represent defrauded investors in a bankruptcy case filed by a real estate investment and construction company whose principal was charged criminally for perpetrating a fraudulent scheme involving embezzlement and forged deeds.
  • Represent a group of investors in a condominium development in Manhattan’s financial district in their lawsuit against various parties involved in the purchase and sale of the property and in the bankruptcy case filed by the alleged purchaser of the property.