Error: Twitter did not respond. Please wait a few minutes and refresh this page.
Category Archives: Insolvency and Restructuring
The “Stalking Horse” is a term of art often used in the bankruptcy court to describe the initial bidder for a bankrupt company’s assets. Typically, a company in bankruptcy will reach a deal with an outside bidder that wants to … Continue reading
R. Patrick McCraney Willoughby Law Group, PLLC Copyright – 2010 – all rights reserved. Often a company that is involved in a formal restructuring (such as Chapter 11) has incurred pre-petition trade debt with various vendors and suppliers. Many of … Continue reading
Sale of Assets to Resolve a Liquidity Crisis – and Potentially Avoid Bankruptcy. The sale of assets (both core and non-core) is long-established mechanism for Company in the midst of a liquidity crisis to avoid a bankruptcy filing. Of … Continue reading