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Posts tagged "Business & Commercial Bankruptcy"

Struggling historical retailer opts for business bankruptcy

Pedigree is obviously an attractive attribute in business, but it must be accompanied by profitability. Although Sears has stood strong on that one anchor for far longer than a century, the iconic retailing giant has failed to deliver on the bottom line in recent years.

Chapter 11 might not spell the end for iconic toy retailer

Tales of the storied but troubled toy retailer Toys "R" Us' demise might prove to be premature and ultimately unfounded. The once-venerable business that filed for Chapter 11 bankruptcy liquidation last year and was widely expected to be completely shut down might still "have a shot" at resurrection in some form.

Chapter 11 success story underscored in Seadrill tale

We have stressed in select blog posts at the commercial New York law firm of Rich Michaelson Magaliff, LLP that careful deliberation is imperative prior to any decision being made concerning a Chapter 11 bankruptcy filing.

Which bankruptcy option can best overcome onerous business debt?

If you’re an experienced New York business owner, you know that complexity marks commercial activity in virtually every aspect. Few things in the business sphere are unnuanced and simple, whether they relate to company formation, financing, dispute resolution or any other matter.

When a Chapter 11 filing is appropriate, it can truly breed success

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.

Chapter 11 assessment merits close look at other options as well

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.