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90 Second Lessons

90 Second Lesson: What will your lender do if you default on a commercial loan?

Editors’ Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to info@dailydac.com and we will try to answer it.


90 Second Lesson: What is an “Exchange Offer?”

Editors’ Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to info@dailydac.com and we will try to answer it. QUESTION: Fred T. emailed, asking, “I own securities of a company and heard on the news that it is contemplating doing an “exchange offer.” […]


90 Second Lesson: If I file a chapter 7 bankruptcy, are the assets of my single-member LLC safe from the Trustee?

Editors’ Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to info@dailydac.com and we will try to answer it.


90 Second Lesson: Can the borrower file for bankruptcy just to keep me from foreclosing on a building?

Editors’ Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to info@dailydac.com and we will try to answer it.


90 Second Lesson: I’ve been asked to sign an involuntary bankruptcy petition. Should I?

Editors’ Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to info@dailydac.com and we will try to answer it.


90 Second Lesson: What is a “prepackaged bankruptcy?”

Editors’ Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to info@dailydac.com and we will try to answer it. QUESTION: Jack B. wrote in the other day, asking us to explain what a prepackaged bankruptcy is. ANSWER: Jay Goffman, Greg St. Clair, David […]


90 Second Lesson: Secured Creditors and Toll Charges

Editors’ Note:  this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to info@dailydac.com and we will try to answer it. QUESTION: An investment banker recently wrote in, saying this:  “I am currently helping a troubled company sell itself.  The proposed buyer wants to buy […]


90 Second Lesson: To Stalk or Not to Stalk? Why be a Stalking Horse Bidder?

Editors’ Note: this is part of our irregular series in which we answer readers’ questions. If you have a question, submit it to info@dailydac.com and we will try to answer it. QUESTION: Jamie S. emailed recently, asking “Can you please sum up the pros and cons of serving as the “stalking horse” in a bankruptcy […]


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