Assignments For The Benefit Of Creditors: Simple As ABC?
Companies in financial trouble are often forced to liquidate their assets to pay creditors. While a Chapter 11 bankruptcy sometimes makes the most sense, other times a Chapter 7 bankruptcy is required,...
View ArticleLatest Edition Of Bankruptcy Resource Now Available
The Spring 2008 edition of the Absolute Priority newsletter, published by the Cooley Godward Kronish LLP Bankruptcy & Restructuring group, of which I am a member, has just been released. The...
View ArticleSection 363 Sales And Beyond: An M&A Lawyer’s Perspective On Purchasing...
With the economy suffering through the longest recession since the 1930s, it’s little wonder that much of the merger and acquisition ("M&A") activity these days has been focused on distressed...
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The Venture-Backed Company Running Out Of Cash: Fiduciary Duties And Wind...
Many start-up companies backed by venture capital financing, especially those still in the development phase or which otherwise are not cash flow breakeven, at some point may face the prospect of...
View ArticleFiduciary Duties And Financial Distress In The Time Of COVID-19
The COVID-19 pandemic has caused unprecedented economic disruption, creating sudden financial distress across industries. Companies are now facing impacts ranging from a dramatic decline in revenue of...
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