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Subchapter V of Chapter 11: A User’s Guide By Jonathan Friedland • October 18, 2021
Editors' Note: This article is a preview of a chapter that will be included in the forthcoming 2022-2023 edition of STRATEGIC ALTERNATIVES FOR AND AGAINST DISTRESSED BUSINESSES (“Alternatives”) and it…
90 Second Lessons: Working for a Struggling Business: Can this Car Be Turned Around? By The DailyDAC Editors • October 7, 2021
Editor’s Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to [email protected] and we will try to answer it. Question…
90 Second Lessons: Nothing in Life is Certain but Death and Taxes: Cancellation of Debt Income By The DailyDAC Editors • September 29, 2021
Editor’s Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to [email protected] and we will try to answer it. Question…
90 Second Lessons: Virgin Lender, Virgin Land: When the Collateral is Dirt By The DailyDAC Editors • September 20, 2021
Editor’s Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to [email protected] and we will try to answer it. Question…
90 Second Lessons: The Mindset of a Real Estate Workout Lender By The DailyDAC Editors • September 10, 2021
Editor’s Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to [email protected] and we will try to answer it. Question…
Not Necessarily Free and Clear: Purchasing Real Estate Property in a Section 363 Sale By The DailyDAC Editors • August 28, 2021
Just Because a 363 Sale Says Free and Clear, Does Not Mean It’s True A bankruptcy debtor is offering commercial property in a section 363 sale. It is an attractive…
Chapter 11 Reporting Requirements: How Debtors Must Stay Transparent By Richard E. Mikels • August 13, 2021
Bankruptcy Reporting Requirements Before and During Chapter 11 One of the  central principles of bankruptcy is that a debtor should have the benefit of a “fresh start.” However, to accord…
Determining Whether or Not to Seek Court Approval of a Sale in a Delaware Assignment for the Benefit of Creditors Case By Russell C. Silberglied • August 4, 2021
Is Court Approval Necessary for a Sale in a Delaware ABC Case? For many small insolvent companies, an assignment for the benefit of creditors (ABC) can be more attractive than…
90 Second Lesson: What is a UCC Article 9 Sale? By The DailyDAC Editors • July 30, 2021
An Introduction to UCC Article 9 Question: What is it? Jack B. emailed, asking, “Please explain what an Article 9 sale is. My lawyer said that if I give a…
Alternative Debtor Management? Discharge Your Fiduciary Duty at $1,155 Per Hour! By Thomas J. Salerno • July 22, 2021
Examining the “Fiduciary for Hire” and the NRA’s Bad Faith Bankruptcy “When in doubt, mumble, when in trouble, delegate, when in charge, ponder.” - James H. Boren, When In Doubt,…
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