Posts Tagged ‘restructuring’


 Powered by Max Banner Ads 

 Powered by Max Banner Ads 

Do you have conflicting information about bankruptcy law? Then come in for a free consultation with Rose Marie Cooper at Cooper Law Firm in Myrtle Beach, South Carolina. With over 16 years of experience as a bankruptcy lawyer, she can demystify the law, helping families recover and businesses reorganize. She specializes in Chapter 7, Chapter 11 and Chapter 13 filings. Remember to bring in your financial documents!
Visit us http://www.yellowpages.com/info-451066695/Cooper-Law-Firm?from=youtb

Duration : 0:1:15

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , , ,

Duration : 0:5:0

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , ,

In U.S. v. Apex Oil, a three-judge panel of the Seventh Circuit ruled 3-0 that EPAs cleanup injunction against the corporate successor to a chemical company was not discharged in Chapter 11 because the injunction does not create a right to payment and, consequently, is not a debt under the Bankruptcy Code. In essence, Apex had argued that the injunction would require the company to incur costs upward of $150 million and that the purpose of the restructuring would be defeated if these costs had to be incurred. Judge Posners opinion turns on the fact that the order required cleanup and was not a substitute for payment; consequently, liability under the order was not a “debt” recognized by the Bankruptcy Code. The court recognized but disavowed a contrary ruling of the Sixth Circuit, thereby setting up a split between the circuits on this important issue.

Duration : 0:5:19

Read the rest of this entry »

Technorati Tags: , , , , , ,

Why not Chapter 11 restructuring like other struggling companies use.

Duration : 0:1:47

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , , ,

Chapter 11: Restructuring through a bankruptcy

Duration : 0:14:5

Read the rest of this entry »

Technorati Tags: , , ,

300x300_foreclosure_2
 Powered by Max Banner Ads