U.S. corporate bankruptcies approached a 14-year high in 2024 and are expected to continue at a steady pace in 2025. With this increase in business bankruptcies across industries, it’s possible that ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case. The article provides an overview of important tasks that an examiner or ...

Fast-food restaurant chains have faced financial distress over the last year with chains representing several different concepts heading for bankruptcy court to reorganize their businesses and ...

Subchapter V was intended to be the faster, easier, and cheaper version of Chapter 11 bankruptcy, allowing small “Main Street” businesses to reorganize like mid-size and large companies.[1] After ...

Provisions in chapter 11 plans releasing non-debtors from liability for pre-bankruptcy conduct in exchange for funding for plan distributions or post-confirmation operations have long been used as a ...