Plans to reorganize in a Chapter 11 can be a miracle solution for a struggling business, as shown by the example of many reorganized and refinanced companies now operating and sometimes even thriving around the country. However, reorganization efforts do not always...
Month: May 2016
Bankruptcy stays pending litigation against debtor company
In Pennsylvania and all jurisdictions, a company's filing for bankruptcy protection may facilitate the resolution of many different types of business disputes and claims. For example, in the recent filing by SunEdison Inc., a dispute pending in another court turned...