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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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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

Disabled due to the Negligence of Another

Often individuals are disabled after a personal injury such as a car wreck or truck accident. Just over 1 in 4 of today's 20 year-olds will become disabled before they retire. [1] People often do no ... Read more

Inherited IRAs Not Exempt in Bankruptcy

“The only man who sticks closer to you in adversity than a friend is a creditor.” (Author unknown) In 2014, the United States Supreme Court ruled that funds held in inherited indivi ... Read more

Delayed filing for insolvency: Liability of managing director

If there is a delay in filing for insolvency, the managing director of a GmbH is liable. According to the German Federal Court of Justice (Bundesgerichtshof (BGH)) in its judgment of December 18, 2014 ... Read more

How to Evaluate and Choose a Workers' Compensation Attorney

Choosing a Worker’s Compensation lawyer in Southern California can be a frustrating process. There are countless attorneys to choose from in San Bernardino, Riverside, Los Angeles and Orange Cou ... Read more

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