On Behalf of R3M Law, LLP | May 24, 2016 | business & commercial bankruptcy
When a business is having financial difficulties, there are a lot of options on the table to help them navigate through these rough waters. One of these choices is Chapter 11, though this doesn’t necessarily mean that the company itself will have to shut down...
On Behalf of R3M Law, LLP | May 10, 2016 | business & commercial bankruptcy
Whether you are an individual or a business, filing for bankruptcy is never as straightforward as you may hope. Now, that shouldn’t discourage you from filing if you really need the protection that bankruptcy offers. But it is meant to make you think. There are...
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...
On Behalf of R3M Law, LLP | Mar 25, 2016 | business & commercial bankruptcy
Some people who are new to the concept of bankruptcy as it relates to businesses may feel that the process is usually used by companies that pop up fast and quickly burn up. If a business has been around for a long time, some may think that it is somehow immune to...
On Behalf of R3M Law, LLP | Feb 27, 2016 | business & commercial bankruptcy
You have put years and decades into growing your business and have seen a lot of success. But a time may come when things aren’t going so well and no matter what you do, the financial state of your business is not improving. Just like you would with your...
On Behalf of R3M Law, LLP | Dec 19, 2015 | business & commercial bankruptcy
Businesses end up having to file for bankruptcy for a variety of reasons. Some may have to do with poor decision-making while others may have more to do with the economic climate. But what about the actual climate, as in our weather outside? For one company in New...
On Behalf of R3M Law, LLP | Dec 9, 2015 | business & commercial bankruptcy
In our last blog post, we began discussing some of the factors that business owners must consider and investigate when deciding whether or not to personally guarantee a business’ financing. We mentioned the importance of determining one’s personal...
On Behalf of R3M Law, LLP | Dec 2, 2015 | business & commercial bankruptcy
According to the U.S. Small Business Administration, the roughly 28 million small businesses in the U.S. account for approximately 54 percent of total annual U.S. sales. For a small business owner, ensuring for the success and growth of a business is often a labor of...
On Behalf of R3M Law, LLP | Oct 2, 2015 | business & commercial bankruptcy
Today, successful businesses know that they must continue to innovate and be proactive when it comes to utilizing social media and other technology and Internet-based platforms. It’s not enough, however, to simply throw up a Facebook page and ask followers to...