A client causes serious injury to another. That client’s insurance is insufficient to cover the damages that may be awarded against him. What may counsel for the under-insured client do without exposing himself to civil liability, violating criminal statutes or… Read More
Reorganization under the Bankruptcy Code is designed to rehabilitate a business, thus preserving its value which might otherwise be lost in a liquidation. Chapter 11 of the Code offers various benefits to the business considering reorganization, which does include certain… Read More
Reorganization under the Bankruptcy Code is designed to rehabilitate a business, thus preserving its value which might otherwise be lost in a liquidation. Why Consider Chapter 11? One or more of the following may prompt the filing of a Chapter… Read More
In the commercial arena, bankruptcy has become a tool not infrequently used by business people. Be it an asset sale, a device to negotiate with the taxing authorities or a precursor to a recapitalization, the financial professional should be familiar… Read More