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Chapter 11 Chapter 11 of the Bankruptcy Code allows business debtors to reorganize their debt and continue operating their business. [read post]
22 Sep 2020, 3:19 pm by Commentary:
“Restructure debt” describes what bankruptcy can do and is one of the primary benefits of Chapter 13 and Chapter 11 bankruptcy. [read post]
11 Sep 2020, 4:00 am by Robert McKay
Perhaps, though, one might have expected to see the words “Law, Practice and Procedure” attached to the Black Lives Matter, Me Too and other social justice movements and their issues, Brexit, foreign electronic interference in elections, state criminality, political and administrative corruption, pandemics and other topics which were little discussed not long ago. [read post]
26 Jun 2020, 6:27 am by Florence Campbell Jones
An application may also be made by a liquidator or administrator of the company. [read post]
22 Jun 2020, 12:00 pm by SharedLABS
Because chapter 7 bankruptcies are more common than chapter 11 or chapter 13, there are generally more bankruptcy trustees needed for chapter 7 cases. [read post]
22 Jun 2020, 8:00 am by jaxlawcenter
Because chapter 7 bankruptcies are more common than chapter 11 or chapter 13, there are generally more bankruptcy trustees needed for chapter 7 cases. [read post]
18 Jun 2020, 8:00 am by Len Feltoon
  Bankruptcy Law   Everyone thinks that Chapter 11 is the only type of bankruptcy filing. [read post]
11 Jun 2020, 12:32 pm by Craig R. Tractenberg
It anticipates a Chapter 11 type result, without the administrative headaches and expense, within 90 days of filing. [read post]
7 Jun 2020, 12:13 pm
Subchapter V resembles the provisions of chapter 12 for family farmers, but incorporates also some of the provisions that apply in a regular chapter 11. [read post]
12 May 2020, 11:50 am by Ted Max and Alan Martin
  Upon filing the Chapter 11 petition, the company automatically assumes the identity of “debtor-in-possession” (“DIP”) until the debtor’s case is dismissed or converted to a Chapter 7 proceeding (liquidation), or a Chapter 11 bankruptcy trustee is appointed by the court. [read post]
Both hospitals had been denied access to PPP loans because of their bankruptcy filings, and both debtors filed lawsuits requesting immediate relief as part of their Chapter 11 bankruptcy proceedings. [read post]
3 May 2020, 8:30 am by Howard Friedman
On Friday, the Catholic Archdiocese of New Orleans announced that the Administrative Offices of the Archdiocese have filed for Chapter 11 bankruptcy reorganization, saying in part:The move was necessitated by the growing financial strain caused by litigation stemming from decades-old incidents of clergy abuse as well as ongoing budget challenges. [read post]
28 Apr 2020, 9:36 am by Amy Starnes
Bankruptcy Court in San Antonio, alleging that the agency has overstepped its authority in barring companies in Chapter 11 from participating in the loan program. [read post]