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
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 attorneys work for entities or agencies).
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 lifetimes. And although I do not work in corporate bankruptcy, he had a critical impact on my career path for which I will be eternally grateful.
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 performance under those contracts.