On Behalf of R3M Law, LLP | Apr 29, 2016 | Firm News
Generally speaking, people think of bankruptcy as a way to get out of debt or to avoid paying back money that is owed. If word comes out that a business is declaring bankruptcy, people will assume that that means the business is going under. With Chapter 7 bankruptcy,...
On Behalf of R3M Law, LLP | Apr 22, 2016 | chapter 11
The clothing industry is steady in some ways and very unsteady in others. On one hand, everyone needs clothes, which would suggest that demand is steady. But the specific kinds of clothes that consumers want to wear are dictated by fashion, which is capricious and...
On Behalf of R3M Law, LLP | Apr 15, 2016 | business & commercial bankruptcy
Many Americans who want to start their own business share the dream of owning the “next big thing.” Some startups see nearly overnight success, and this is the model that nearly everyone wants to emulate. But growing and maintaining a business is not easy,...
On Behalf of R3M Law, LLP | Apr 1, 2016 | business & commercial bankruptcy
As we’ve seen with the many Chapter 11 cases we have covered in our blog posts, businesses end up filing for bankruptcy protection for many different reasons. In some cases, something may have happened that was within the company’s control. In many other...