Articles Posted in Chapter 11 Bankruptcy

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 11 Bankruptcy?”

The current Supreme Court, according to many critics, strongly leans in favor of big business, often at the expense of the little guy. Though the Court may have a well-established reputation as being friendly to corporations, a recent ruling proves that this isn’t always the case. In a recent ruling, Czyzewski et al., v. Jevic Holding Corp., the Court voted 6-2 in favor of individuals, rejecting claims by a New Jersey trucking company. To learn more about the bankruptcy case, keep reading.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “Will I lose my property if I file for bankruptcy?”

The past week has been a tough one for the “Nasty Women” of the world, and not just Hillary Clinton supporters.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a small business bankruptcy ?”

A shareholder of the identity verification startup company Jumio Inc. has sued Eduardo Saverin and other former top executives for grossly mismanaging the firm and driving it into bankruptcy.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a small business bankruptcy ?”

“Retailer’s dream” isn’t a phrase that one usually thinks about when it comes to bankruptcy. However, the surfwear retailer Pacific Sunwear of California Inc. (“PacSun”), who recently filed for Chapter 11 protection, has had its bankruptcy case described by Bloomberg analysts as a “distressed retailer’s dream.”

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a small business bankruptcy ?”

The founder of the online media empire Gawker, Nick Denton, just filed for Chapter 11 bankruptcy protection. Denton joins a former editor of Gawker and the company itself in bankruptcy, a chain reaction that started when Gawker lost its fight against Hulk Hogan. The case brought by the former professional wrestler resulted in a massive $140 million judgment against Gawker and Denton. Though the company has said it intends to appeal the verdict, judges so far have refused to stay the decision meaning the money is owed and Hogan is free to begin seizing assets, not only of the company, but of Denton.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 11 Bankruptcy?”

No one thinks bankruptcy is ideal, whether we’re talking on the personal or corporate level. In the case of a commercial bankruptcy, many people wonder what is the best way to go, either Chapter 7 or Chapter 11. Though neither represents the best possible outcome, filing for bankruptcy doesn’t have to be a disaster either and it’s worth weighing your options about which path forward offers the most benefits.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 11 Bankruptcy?”

Many people have heard about and may even be familiar with Chapter 7 and Chapter 13 bankruptcies. These two chapters are used by individuals who are in debt and looking for a way to start fresh, either through liquidation (Chapter 7) or reorganization (Chapter 13). But what about Chapter 11? To find out more about Chapter 11 bankruptcies, keep reading.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a small business bankruptcy ?”

Bus manufacturer DesignLine infamously relocated to Charlotte, North Carolina in 2006 from New Zealand and it has been a largely uphill drive for the company ever since.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is a small business bankruptcy ?”

Bankruptcy is stressful for anyone who has ever contemplated it. This is even more the case for those who own and operate businesses. Small business owners have to worry about how their financial struggles and potential insolvency could impact not only their personal assets and financial wellbeing, but also how it could impact their ability to earn an income in the future. Small business owners have the added burden of being responsible for the welfare of their employees, something that can heighten an already stressful ordeal.

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Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 11 Bankruptcy?”

In what some are saying is the final nail in the coffin for the coal industry, the largest private-sector coal mining company in the world filed for Chapter 11 business reorganization bankruptcy on April 13. The filing, by St. Louis-based Peabody Energy, is but one in a long stream of bankruptcies filed by major coal companies in the United States in the last several years. However, Peabody’s liabilities make it the biggest U.S. corporate bankruptcy this year according to data compiled by Bloomberg. The filing estimates the coal giant’s debt at $10.1 billion.