Individuals contemplating bankruptcy can engage in pre-bankruptcy planning, but within limits.

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.

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.

The first day hearing is crucial for stabilizing a Chapter 11 debtor’s operations and setting the tone for the case.

The manager of an insolvent LLC has distributed cash to themselves instead of paying off the company’s debts. What can you do as a creditor?

For companies operating in both the US and Canada, understanding the complexities of cross-border insolvency can be crucial for survival.

The utilization of LMTs, including the use of private credit, in recent restructurings, and the potential role of AI, could permanently change the game of negotiating credit agreements.

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

Don’t Panic When a client or a competitor files for bankruptcy, it is natural to reflect on the downside. What’s going to happen to my outstanding receivables? Is the market primed for a downturn? How am I going to replace any lost business? These concerns are very real and require meaningful thought and discussion. However, solely focusing attention on the downside can prove short-sighted. There are incredible opportunities in bankruptcy for the astute businessperson. Opportunities in Action Imagine for a moment that you are the chief executive officer (CEO) of […]