Posts from June 2021.
Bankruptcy law is changing around the world, away from the liquidation model and toward the model of corporate rescue. Additionally, these changes reflect movement toward venue competition for the business of hosting international bankruptcy cases.
A recent case provides ten elements that courts and professionals may use to determine if vendors should receive critical vendor payments.
In the year since its enactment, more than 1,500 businesses and individuals have filed cases under the Small Business Reorganization Act.
A number of lessons may be learned from representing clients in the bankruptcy filings in the retail and restaurant industries.