Category Archives: Chapter 11 Bankruptcy
The “Five Ws” of Chapter 11 Reorganization Plans
While some business owners and executives are well-versed in the intricacies of the Chapter 11 bankruptcy process, for those who haven’t been through the process before, learning what to expect is the first step. Unlike Chapter 7 bankruptcy proceedings (which involve liquidating a business’s assets), Chapter 11 proceedings involve restructuring the business’s debts so… Read More »
Bankruptcy Fraud and Abuse: How to Avoid Allegations During a Chapter 11 Reorganization
A recent article from the Government Accountability Project discusses the role of forensic accountants employed by the U.S. Department of Justice (DOJ) in uncovering fraud and abuse during the bankruptcy process. While the article focuses specifically on the DOJ’s recent firing of a forensic accountant in Texas, forensic accountants continue to play a key… Read More »
When Is It Time to Talk to a Business Bankruptcy Attorney?
As a business owner, it can be difficult to know when it is time to consider seeking financial relief through the bankruptcy process. While it will usually make sense to try to figure out a way to avoid a bankruptcy filing for a period of time, there is also a point at which waiting… Read More »
What Are the Different Types of Business Bankruptcies?
If your business is in financial distress, filing for bankruptcy could be the best option. Filing for bankruptcy provides immediate relief from creditors’ collection efforts, and, depending on the type of business bankruptcy you choose, going through the process could be a cost-effective way to either wind up your business’s operations or restructure your… Read More »
7 Tips for Preparing to Avoid Unnecessary Issues During a Business Bankruptcy
While successfully navigating the business bankruptcy process can help companies restore their financial stability and get back on the path toward long-term growth, issues during the process can lead to less-than-satisfactory results. As a result, avoiding unnecessary issues is essential. What can companies do to avoid unnecessary issues during the business bankruptcy process? Here… Read More »
Strategic Considerations for Reorganizing Under Chapter 11
Reorganizing a company’s debts under Chapter 11 can be an effective way to reduce the company’s debt load and preserve its viability as a going concern. There are several ways to approach the reorganization process under Chapter 11, and by thinking strategically about the opportunities that are available, company executives can maximize the benefits… Read More »
Surviving (and Thriving) After a Chapter 11 Bankruptcy
While bankruptcy is often viewed as having negative connotations, the reality is that there are several ways that companies of all sizes can (and do) leverage the Chapter 11 bankruptcy process to their advantage. Companies that timely reorganize their debts under Chapter 11 can come out stronger on the other side, and they can… Read More »
Involuntary Bankruptcy: What Florida Business Owners and Executives Need to Know
While businesses can use bankruptcy as a tool to avoid collection, alleviate financial strain, and restructure their debts for the future, creditors can use involuntary bankruptcy as a tool to protect their interests as well. If your business is facing an involuntary bankruptcy petition, there is a lot you need to know, and it… Read More »
Partner Brett D. Lieberman Serves as Panelist for CLE Program on Insolvency Options for Florida Businesses
Partner and Miami bankruptcy lawyer Brett D. Lieberman recently served as a panelist for a continuing legal education (CLE) program presented by the Florida Bar’s Business Law Section. The CLE program, titled Insolvency Options for Florida Businesses, provided members of the Business Law Section with insight into the bankruptcy and receivership processes, as well… Read More »
Important Changes to the Chapter 11 Bankruptcy Process Take Effect on April 1, 2025
Some important changes to the Chapter 11 bankruptcy process are set to take effect on April 1, 2025. These changes impact the dollar-amount thresholds that trigger the applicability of various provisions of Chapter 11. Learn more from an experienced Miami bankruptcy litigation attorney at Edelboim Lieberman: Changes to Dollar-Amount Thresholds Under Chapter 11 The… Read More »