Whether you are analyzing macro indicators, or evaluating your energy costs, supply chain costs, or the rising cost of borrowing, you have probably found at least one reason for concern about the next few quarters. Don’t panic. In 30 plus…
Now is the time to
Due Process Does Not Require Full Evidentiary Hearing Before Conversion to Chapter 7
Due Process does not require a full evidentiary hearing before deciding a motion to convert a Chapter 11 to a Chapter 7 if there is adequate basis for the Bankruptcy Court. See Sakon v. A&F Main St. Associates, 3:20-cv-00353 (D.Conn.…
Chapter 11 Bankruptcy Reorganizations – DIP Challenges
As of Friday (04/03/20), the Coronavirus Aid, Relief and Economic Security (CARES) Act that is providing funding for businesses, did not address debtor-in-possession (“DIP”) lending to businesses operating in Chapter 11 of the United States Bankruptcy Code. We are hoping…