More companies are pursuing out-of-court restructurings as chapter 11 costs climb.
When people realize that their debts exceed their assets, they often panic, overwhelmed by their fears for the future. Likewise, anyone who provides a loan to a seemingly trustworthy borrower will be ...
An expert Q&A on the effects of artificial intelligence (AI) on the practice of bankruptcy law, including how AI affects the reasonableness of professional fees under section 330 of the Bankruptcy ...
A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...
• Senate Majority Leader Mitch McConnell, R-Ky., proposed enabling states to file for bankruptcy to alleviate coronavirus-inspired fiscal stress. • State bankruptcies aren’t allowed today, so for that ...