A distressed business has a multitude of options to explore. Understand how Bankruptcy Code Section 363 works during a business bankruptcy. Read more in the article, written by Jonathan Friedland, Robert Glantz, and Jeffrey Schwartz, Buying & Selling Distressed Businesses in Bankruptcy: An Overview of Bankruptcy Code § 363 from the Dealing with Corporate Distress series.
This series of videos and articles provides an overview of state court receiverships: what they are, the different types, costs involved, and different aspects of representation on both sides of the receivership. This series is a co-production of DailyDAC and the Commercial Receivers Association (CRA). Check out the series.
Receiverships have been a remedy in Minnesota law for over a hundred years, but Minnesota recently revised its receivership statute in 2012. Understand more about how this bankruptcy alternative may be used to sell commercial real estate in Ian Rubenstrunk's article Minnesota Commercial Real Estate Receiverships: Nuts and Bolts.
Chapter 15 bankruptcy is a tool intended for foreign companies with assets in the United States to get assistance from a U.S. bankruptcy court. Read more about chapter 15 in the article by Melanie L. Cyganowski Chapter 15 Bankruptcy: A Concise Overview.
