Recently, American Idol, once one of the most popular shows on American television, crowned a winner for the final time and went off the air. Now, just a couple of weeks later, Fortune Magazine is reporting that the company that owned the show has filed for Chapter 11...
When you form your own business, a lot of your focus will be placed on your product or service, as well as the excitement that comes with being an entrepreneur. But there is one distinct aspect of your business that you need to decide on very early: what type of...
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...
When you think about it, employment is actually a very complex deal that a company and an individual agree to. On the surface, it seems so simple: the company needs a position filled and a person wants a job. How simple! But employee contracts are filled with...
Choosing a structure for your business can be challenging. The entity you choose will dictate things like tax treatment and bookkeeping for years to come. Below is a brief description of various entity options; however, it is always best to contact an attorney for...
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 because...
Chapter 11 bankruptcy is often thought of as a filing that is meant only for corporations and big companies. However, Chapter 11 is also a possibility for smaller businesses, and indeed Chapter 11 filings are largely made up of smaller businesses. In this context, a...
Many companies file for bankruptcy out of pure necessity or simply due to it being the most viable financial path open to them in view of their circumstances. Of course, the stakeholders of any company filing for bankruptcy are invested in the proceedings but the...
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 a lot...
