Recent Blog Posts
Pros and Cons of Chapter 11 Bankruptcy for Companies in Financial Distress
Like most business decisions, choosing to file for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code can have both pros and cons. While hiring a Miami Chapter 11 bankruptcy lawyer can make sense in a wide range of circumstances, it isn’t necessarily the best choice for all companies that are in financial distress…. Read More »
Filing a Claim for Fraud: What Business Owners in Florida Need to Know
If a vendor, supplier, contractor, strategic partner or other commercial entity has defrauded your business, it will be important for you to make informed decisions about your next steps. While businesses can pursue claims for various forms of fraud, establishing a fraud claim requires a methodical and strategic approach, and time can be of… Read More »
Filing for Chapter 11 Bankruptcy Again: When Does It Make Sense to Pursue a “Chapter 22?”
Filing for bankruptcy under Chapter 11 affords the opportunity for struggling companies to restore their financial stability, rebuild their credit and start looking toward the future. But, there are no guarantees and even companies that emerge from Chapter 11 with what initially looks like a manageable payment plan will often find themselves struggling to… Read More »
How Can Debtors Defend Against a Motion for Relief from an Automatic Stay?
For businesses in financial distress, one of the most immediate benefits of filing for bankruptcy under Chapter 11 is triggering the automatic stay. The automatic stay prevents creditors from seeking to enforce their claims, and it provides debtors the opportunity to work through the bankruptcy process without the risk of being declared in default…. Read More »
Seeking Relief from the Automatic Stay: Protecting Creditors’ Rights During the Bankruptcy Process
Customer and client bankruptcies can present significant risks for creditors. Chapter 7 and Chapter 11 of the U.S. Bankruptcy Code both provide opportunities for filers to significantly reduce (if not eliminate) their debt obligations, and Subchapter 5 of Chapter 11 allows small business filers to do so with limited creditor involvement. As a result,… Read More »
Responding to a Breach of Contract: What Florida Business Owners Need to Know
As a business owner, it is important to know what to do when a vendor, contractor, customer or other party breaches a contract with your company. While an overly aggressive response can unnecessarily jeopardize an important business relationship, failing to act forcefully can invite additional breaches in the future. To ensure that you are… Read More »
Commercial Foreclosure Defense: Options for Businesses in South Florida
While facing commercial foreclosure can present significant financial and legal risks, businesses targeted in commercial foreclosure actions will often have strong defenses available. There are several potential defenses to foreclosure under Florida law; and, if your business’ lender has initiated a foreclosure action, an experienced Miami real estate attorney can determine what defenses your… Read More »
Understanding the Key Terms in a Title Insurance Policy
Buying title insurance is important any time you buy a piece of real estate in South Florida. Hopefully, you will never need to file a claim, but if you do, you will be very glad that you have coverage. If an issue arises and you have title insurance, having the ability to file a claim… Read More »
Understanding the Key Terms in a Small Business Bankruptcy
If you are struggling to keep your small business afloat, filing for bankruptcy could be a smart solution. Through bankruptcy, small businesses can reorganize their debts, reduce their monthly financial obligations and regain the financial standing they need to remain viable. Small business owners have multiple options available, and choosing the best option for… Read More »
Title Insurance: What Do Real Estate Buyers in South Florida Need to Know?
Whether you are buying a home or a piece of commercial real estate in South Florida, purchasing title insurance can help minimize your risk and protect your investment. But, while title insurance has benefits, it also has limitations—and it is important to ensure that you understand these limitations before you sit down at the… Read More »