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Business Bankruptcy

Receiverships are essentially an equitable remedy where a court appoints a 3rd party neutral to assist parties in recovery outside of bankruptcy.

Jeff Ansel from Winthrop & Weinstine goes over the two categories of discussion when looking at representing a receiver.

An assignment for the benefit of creditors (ABC) can be a faster and more cost-effective alternative for a chapter 11 or 7 liquidation. Understand more about this alternative for selling distressed assets effectively.

There are two types of costs in a receivership, direct and indirect. Learn more about these different receivership costs so there are no surprises.

There may be many business reasons and benefits for a debtor who chooses to liquidate under Chapter 11 rather than Chapter 7.

This series of videos and articles provides an overview of state court receiverships: what they are, the different types, costs involved and different aspects of representation on both sides of the receivership. This series is a co-production of DailyDAC and the Commercial Receivers Association (CRA). Receivership 101: What is a Receivership By Thomas Riske | Principal | Carmody MacDonald Receivership 101: Types of Receivership By Rebecca DeMarb | Sr Managing Director | Development Specialists Inc Receivership 101: How to Get a Receiver Appointed By Cynthia Hegarty | Counsel | Winthrop […]

A distressed business has a multitude of options to explore. Understand how subchapter V of Chapter 11 can be used to restructure a business.

In a Delaware assignment for the benefit of creditors case, court approval is not required for a sale, but, time, money, and preference can factor.

Bernard Madoff’s infamous Ponzi scheme left victims in its wake worldwide and resulted in numerous bankruptcy and insolvency proceedings around the world. How far can the trustee’s power reach?

Being or becoming a bad bankruptcy client usually has something to do with failing to provide adequate information to the attorney. Find out what NOT to do so you can be a good bankruptcy client.

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