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• Problems, Problems Everywhere

  BNET - 2004-09-17

  A crisis can strike at any time and place. Bankruptcy is also a type of crisis, which when strikes can bring even well qualified people on the road. Experts say that that there are various factors that can trigger bankruptcy. The reason of bankruptcy can range from shortage of finances,...

  Tags: American City Business Journals Inc., Bankruptcy, Litigation, Business Operations

• Bankruptcy's 'Free And Clear' Assets May Include Unwanted Luggage

  BNET - 2004-02-06

  From the executive summary: ‘Purchasing assets from a debtor in bankruptcy can be an effective method of acquiring products or businesses at a discount. Also, such sales are not limited to businesses that are liquidating or going out of business. Debtors will frequently offer to sell underutilized assets in order...

  Tags: Asset, American City Business Journals Inc., Clear, Bankruptcy, Debtor, Asset Management, Litigation, Operational Planning, Business Operations

• Seeing Chapter 11 In A New Light

  BNET - 2004-01-30

  From the executive summary: ‘It is not surprising that companies filing for bankruptcy seemed as common during the downturn as those that passed out bonuses during the good years, but there is something different about what happened in bankruptcy court. Filings for reorganization under the U.S. Bankruptcy Code came from...

  Tags: American City Business Journals Inc., Bankruptcy, Litigation, Balance Sheets, Business Operations, Financial Statements, Financial Accounting, Finance

• Consider All Your Options When Filing For Bankruptcy

  BNET - 2003-11-28

  From the executive summary: ‘It is basic human nature when starting any new venture that one anticipates success and ignores the consequences of failure. This seems particularly true when beginning a new business venture. But, the unfortunate truth is that most new businesses fail within the first year of setting...

  Tags: American City Business Journals Inc., Bankruptcy, Litigation, Business Operations

• Bankruptcies Likely To Have Ramifications For Everyone

  BNET - 2003-01-17

  From the executive summary: ‘Given the numbers, the chances are great that a company might be affected by bankruptcy. It may be profitable, but it is highly likely that one of the customers is not. And that means the company might receive a notice of Chapter 11 Bankruptcy Case concerning...

  Tags: American City Business Journals Inc., Bankruptcy, Litigation, Business Operations

• Once A Stigma, Ch. 11 Seen As 'Management Tool'

  BNET - 2002-07-12

  From the executive summary: ‘Companies with financial woes may find it hard to sell outside of bankruptcy because they are vulnerable to lawsuits filed by unpaid creditors. In a lot of cases, the strategy is to be able to go into bankruptcy to sell assets in a manner beneficial for...

  Tags: American City Business Journals Inc., Bankruptcy, Tool, Litigation, Business Operations

• Deciding When To Take The Bankruptcy Step

  BNET - 2002-04-05

  From the executive summary: ‘Bankruptcy creates a system in which creditors are paid based on a court-approved priority basis. Creditors generally exert a significant amount of control over the process. The company's largest creditors serve on the creditors' committee and play a key role in reorganization and restructuring of the...

  Tags: American City Business Journals Inc., Creditor, Bankruptcy, Litigation, Business Operations

• Hot Deals Or Headaches?

  BNET - 2002-03-29

  From the executive summary: ‘The risks of buying real estate tied up in bankruptcy are something to be watched for. Sometimes it is best to avoid the risks. One of the risks of buying property involved in bankruptcy proceedings is that the buyer could be held responsible for post-closing obligations....

  Tags: Risk, American City Business Journals Inc., Bankruptcy, Litigation, Strategy, Business Operations, Management

• Bankruptcies Changing The High-Tech Landscape

  BNET - 2002-02-22

  From the executive summary: ‘Technical companies are unique in the world of bankruptcies, often because their assets are tied so strongly to intellectual property and their cash flow is minimal. In such situations, the type of filing can dictate the success or failure of the bankruptcy filing. In the past,...

  Tags: American City Business Journals Inc., Bankruptcy, Litigation, Business Operations