Business Bankruptcy

From unpaid wages to benefits and other liabilities, this article explores what really happens to employees when their employer heads into Chapter 11.

Insider lease agreements can offer tax advantages and liability protections. They also present ethical and legal challenges, particularly in bankruptcy.

Understanding the Section 363 sale process and the dynamics of bankruptcy sales is crucial to navigating these complex transactions successfully.

Debtors must follow bankruptcy reporting requirements both before and during their Chapter 11 case.

The automatic stay provides the debtor with breathing room to reorganize finances and prevents creditors from racing to recover assets.

Involuntary bankruptcy petitions can help creditors recover debts, but only if filed strategically. Learn how to meet legal requirements and avoid risks.

Defend against bankruptcy preference actions with strategies like contemporaneous exchange, ordinary course of business, and subsequent new value defenses.

Whether there is change in collateral or a serial number is listed incorrectly, errors in collateral descriptions can lead to expensive disputes.

Chapter 11 bankruptcy serves as a vital mechanism for businesses aiming to restructure their debts and continue operations.

Many but not all states permit a company to commence an ABC to liquidate all its assets for the benefit of its creditors. The ULC is currently working to create a uniform act on the subject.