A stressed company may be able to navigate back to clear waters. A distressed business is one that is arguably insolvent or on its way to becoming so.

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

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

Section 363 asset sales ensure transparency, fairness, and value maximization while protecting buyers from many risks associated with distressed assets.

Holders of administrative claims are entitled to priority payment so long as the claim was for goods or services that benefited the debtor’s estate.

While some see third-party releases as essential to achieving global settlements, others view them as dangerous loopholes.

When most people think of receiverships, they picture distressed companies with familiar assets. But not every case fits neatly into that mold.

In business bankruptcy, creditors, vendors, and even business partners may find themselves pulled into lawsuits called ‘avoidance actions.’

Turnarounds are demanding journeys that require a viable core product, sufficient resources, and highly competent leadership to be successful.

The Chief Restructuring Officer plays a critical role in helping distressed companies navigate the tricky waters of restructuring and bankruptcy.