An interesting article in a national publication stresses the importance of timing for many would-be commercial bankruptcy filers in New York and elsewhere. That piece notes "the trend of retailers that are filing for Chapter 11 bankruptcy reorganization while still...
We note a quick truth on our business law website for commercial enterprises eyeing a Chapter 11 bankruptcy filing as a viable strategy to overcome daunting financial and legal challenges. And that is this: Although filing for corporate bankruptcy might well be an...
Some law firms hold themselves out as deeply skilled in the counsel they provide business clients concerning Chapter 11 corporate bankruptcy, when in fact they don't have a particularly strong focus on that practice area. Candidly, it is all about focus and...
We feel empowered to speak about Chapter 11 bankruptcy at the Manhattan law firm of R3M Law Moser, LLP, for many reasons. As we duly note on our website, "we have represented clients in the New York City area, Delaware and nationally in some of the most challenging...
A Chapter 11 bankruptcy filing by a commercial entity in New York or elsewhere can certainly signal the end a business life span for a company that has simply become overwhelmed by debt and other problems over time. That is not always the case, though, as we note at...
As New York attorneys who work routinely with diverse commercial clientele on some of the most intricate and complex debt-related and restructuring matters possible, we flatly know that a Chapter 11 bankruptcy filing is far from being a boilerplate strategy and...
There are many viable options for diverse New York businesses seeking to overcome troublingly high debt levels, including Chapter 11 bankruptcy in select instances. Although that avenue for resolving material debt challenges will not uniformly make optimal sense for...
Some New York businesses prominently thrive from the moment of inception. Others, of course, don't. In fact, many business enterprises -- even those with strong management, impressive business plans and far-sighted entrepreneurial vision -- face daunting financial...
Financial hardship can befall any company. Maybe not necessarily at any time, but the concept still holds water. When a business starts to suffer financial, it is rare for the solution to be one-dimensional. These problems are often far more complex than they seem,...
You worked hard to build up your business, but things haven't been going well for a while. You are thinking about closing your business. You can't just close the doors and walk away. You must follow specific laws to dissolve the business properly. Make proper...
