Press ESC key to close search

ABFJournal

ABFJournal

Category: Bankruptcy

  1. Home
    2. Published Articles
  2. Bankruptcy

The Rise of the Quickie Bankruptcy

As the pace and timeframe with which Chapter 11 filings are processed becomes condensed, commentary — both good and bad — has focused on the role of the prepackaged bankruptcy. Kevin Lombardo says that while prepacks have their place, firms must “tread lightly” on this insolvency path that’s gaining in popularity.

March 1, 2010 ABF Journal

Do Quick-and-Easy Section 363 Sales Always Yield the Best Return on Collateral?

Because legal fees and other costs can stack up during a lengthy Chapter 11 reorganization, some asset-based lenders might welcome the trend toward §363 sales, reasoning that quicker sales ultimately will translate into maximum return on collateral. In reality, however, §363 is anything but a one-size-fits-all solution.

January 31, 2010 | | | ABF Journal