The Journal of Corporate Renewal
January 2010
Post-Chapter 11 Bankruptcy Performance: Avoiding Chapter 22
The most extreme instance of a failed Chapter 11 is that the firm files for bankruptcy again—a situation that has been described as Chapter 22.
Selling Distressed Assets:Weighing 363 Sales, Other Options
This article discusses basic considerations of Section 363 sales and out-of-court alternatives available in jurisdictions such as Delaware, and why restructuring professionals must be aware of these options when advising their clients.
Acquisitions in Bankruptcy Carry State, Local Tax Considerations
Although many buyers will address the federal tax implications of an acquisition, state and local tax issues that arise in a bankruptcy purchase may be overlooked.
Partners or Opponents?Why Banks Stop Listening to Troubled Borrowers
A bank’s desire to preserve value may be at odds with shareholders’ aspirations to increase value beyond the amount of the bank’s debt.