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Business Bankruptcy FAQs
Can a business be forced into bankruptcy? Can a business get a discharge? Can a debtor give special treatment to certain creditors? Can all types of debt be discharged? If they can't pay their creditors, how do people afford bankruptcy lawyers? Isn't it true that someone can only file for bankruptcy ... Read more

Blockbuster Bankruptcy Fall and Rebirth of a Giant
Blockbuster, Inc. was once a giant when it came to video rentals, especially movies. It seemed no matter where you went, there was a Blockbuster store on a nearby corner or strip mall. That all may be coming to an end. Or will it? Bankrupt In late September 2010, Blockbuster filed a petition for Chapter ... Read more

The Small Business Debtor
The Bankruptcy Code gives a small business debtor a streamlined process for Chapter 11 bankruptcy cases. Find out if this fast track option may work to help your business reorganize its debts. Defining the Small Business Debtor Bankruptcy law defines the small business debtor for Chapter 11 cases as: ... Read more

Troubled Chapter 11 Plans and Cramdown Help
The center focus of a Chapter 11 bankruptcy is the reorganization plan for the business filer's debts. A majority of the creditors generally must approve the plan, followed by court confirmation. However, there are times when one or more classes of creditors won't accept the plan. Bankruptcy law gives ... Read more

Reorganization of Debts for a Business
These businesses may file a chapter 11 bankruptcy case: Corporations Partnerships Sole proprietorships If you own stock in a corporation, the corporation exists separate and apart from you as its stockholder. Since you're also an owner of the corporation, your personal assets aren't at risk when the ... Read more

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Philadelphia Mesothelioma Lawyers: Pennsylvania Fairness in Claims and Transparency Act

UnderPennsylvania’s current system of recovery for exposure to asbestos and a resulting diagnosis of mesothelioma, a person can submit a claim to a trust established by multiple companies under ... Read more

Collecting Wages After Wage Theft

More than a quarter of a billion dollars of wages went unpaid in California since 2010 according to a recent review of California Labor Commissioner’s Office records. Unfortunately, the real num ... Read more

When Business Necessity Trumps a Claim of Discrimination

While it may be surprising to some, the mere fact that workplace discrimination is occurring in violation of federal or state law does not automatically mean that an aggrieved worker is entitled to ... Read more

Is it a SCAM???

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Legislature planning changes to voidance actions under insolvency law

Insolvency law is about to undergo major changes. The German Federal Government introduced a bill at the end of September amending voidance actions under insolvency law. GRP Rainer Lawyers and Tax ... Read more

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