We have stressed in select blog posts at the commercial New York law firm of R3M Law, LLP that careful deliberation is imperative prior to any decision being made concerning a Chapter 11 bankruptcy filing. Here's why. Commercial bankruptcy - especially as a potential...
A partnership can be a great way to start a business. Working with someone you know and trust on something you both have a vision for can be incredibly rewarding. Especially when those profits start coming in. What about when the business doesn't take off and there...
The term “immediate” is of course relative. Apparently, it means something quite different to the American Institute of CPAs and the federal Internal Revenue Service, respectively. The AICPA urgently sought immediate guidance from the IRS back in February...
American businesses have long depended on asset-based lending to grow their companies or help them restructure and reemerge as rejuvenated commercial participants. Indeed, asset-based lending (often termed asset-based financing, as well) can offer many distinct...
Many businesses in New York and nationally embark down the road of fundamental company restructuring as a strategy to combat seemingly insuperable debt and related financial challenges. The motive that drives business principals toward restructuring is not always...
