Section 363 of the U.S. Bankruptcy Code allows debtors to sell assets and use funds from the sales to settle their debts. The bankruptcy court must approve all sales after hearing from any creditors with objections. How does the sales process work? The sales process...
For a business owner, becoming overleveraged comes with significant risks. Taking on loans is often needed to enable your business to reach its potential. Yet carrying too much debt may make it hard to cover interest payments and could cause creditors to force you...
Businesses that struggle during tough economic times may need to go through a Chapter 11 bankruptcy. This form of bankruptcy is designed to help reorganize the business with the intention that it will come out of bankruptcy with the ability to operate again as a fully...
R3M Law is pleased to announce that Howard Magaliff will be speaking at the Association of Insolvency & Restructuring Advisors 32nd Annual Bankruptcy & Restructuring Conference on June8th in Coronado Island, CA. Howard will be chairing the panel Pre-packaged...
R3M Law is pleased to announce that Howard Magaliff will be speaking at the Association of Insolvency & Restructuring Advisors 32nd Annual Bankruptcy & Restructuring Conference on June8th in Coronado Island, CA. Howard will be chairing the panel Pre-packaged...
