Bankruptcy Law News and Insights

Key points: Companies facing bankruptcy can still make smart moves Creditors should consider asserting liens before it's too late Legal fees may be covered for some unsecured creditors Oil prices took an historic nosedive Monday as Saudi Arabia and Russia announced plans that would flood a market already crippled by...

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Reporting and worried speculation about the coronavirus outbreak is widespread, and the potential disruption to global manufacturing and commerce may be profound.1 Suppliers, distributors, manufacturers and end-users whose businesses rely on vendors or other market participants affected by coronavirus may face significant business and legal risks, to say nothing of financial...

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Filing a bankruptcy petition automatically halts efforts to collect pre-petition debts from the debtor outside of bankruptcy. If a creditor wants to continue a lawsuit against a debtor outside of bankruptcy, repossess collateral, terminate a lease, set off debts, or pursue other collection efforts, it first must obtain stay relief...

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