My community was recently rocked by two businesses who were suddenly in Chapter 7 bankruptcy with unhappy clients and customers. Chapter 7 bankruptcy for business is a very different process than when people file for ... Read full article
There are many kinds of law being practiced in the United States — and a wide variety. Some attorneys deal with people issues, like family law or estate planning or social security. Other attorneys never see clients or interact with people (government ... Read full article
Harvey Miller may be the best bankruptcy practitioner of the last 50 years. He died this week and the world is a lesser place without him. Miller was the all-star bankruptcy attorney in many of the most important bankruptcies and workouts during our ... Read full article
List your executory contracts and unexpired leases on your bankruptcy petition and declare your intention either to accept or to reject those contracts. Contracts that are not timely assumed are rejected and the parties are released from further ... Read full article
Hundreds of billions of bailout dollars later, the government is saying sure, let the big banks go bust, Chapter 7 bankruptcy, like any other failed business. ... Read full article
There are two types of bankruptcy that can be used for a business: liquidations and reorganizations . ... Read full article
In this article I will explain a few basic details about conventional and prepackaged Chapter 11 bankruptcy cases. ... Read full article
The Small Business Entrepreneur: He employes half of all private sector employees, pays 44 percent of total U.S. private payroll, and has generated 65 percent of net new jobs over the past 17 years. ... Read full article
Most people who end up in bankruptcy choose that path. That’s why it’s sometimes called “voluntary bankruptcy.” However, there is another, much-lesser-known, type of bankruptcy which can be useful for creditors known as “involuntary bankruptcy.” ... Read full article
Chapter 12 bankruptcy is debt relief for family farmers. It allows these farmers to reorganize their debts and save their farms and their way of life. But who qualifies as a “family farmer”? ... Read full article
When you are up to your armpits in alligators.... ... Read full article
Although bankruptcy filings by sports teams have been historically rare, a recent smattering of filings have turned into a trend. The Los Angeles Dodgers have recently joined the Phoenix Coyotes, the Chicago Cubs, the Texas Rangers and several other ... Read full article
