Business Bankruptcy

The CRO may lead an organization through mildly difficult situations or shepherd truly distressed ones through much more drastic situations.

A recent Supreme Court case has brought a long-standing question in bankruptcy practice back to the fore: When do parties have the right to a jury trial?

When a restructuring crosses borders, tax issues can become even more complicated: tax systems collide, priorities shift, and timing becomes critical.

When a company faces financial distress, its directors stand at a critical intersection of fiduciary duty and operational urgency.

US businesses encounter financial distress through different legal paths, with each having its own tax considerations.

A court may recharacterize a creditor’s debt claim as an equity interest. This recharacterization often has a significant impact on creditor claims.

Special committees made up of independent directors can guide a company through the bankruptcy process without accusations of bias.

In collections, knowing how to navigate a debtor’s bankruptcy can mean the difference between safeguarding your rights and losing your chance at recovery.

Discover how the new Uniform Assignment for Benefit of Creditors Act (UABCA) modernizes state-law assignments as an alternative to bankruptcy, strengthening creditor protections and providing clarity for distressed business liquidations.

Determining the collateral value of a secured claim is more art than science, especially when the claim is over-secured.