Bankruptcy options for the self employed

Bankruptcy options for the self employed

Facing the prospect of filing bankruptcy can be daunting. At a time when you’re under serious financial stress, you have to figure out if seeking legal protection from your creditors is the right move and what are the long-term effects of doing so. Your decision may...
PG&E’s $58B Bankruptcy Plan Moves Closer to Approval

PG&E’s $58B Bankruptcy Plan Moves Closer to Approval

PG&E has proposed an approximately $58 billion-dollar reorganization plan that includes settlements exceeding $25 billion to resolve claims by wildfire victims and regulatory agencies. The plan anticipates relying in part on “critical protections” and support from...
Bankruptcy Venue Reform

Bankruptcy Venue Reform

Although the Boy Scouts of America (BSA) is headquartered in Texas, it filed for chapter 11 in Delaware in February. That was permissible under existing bankruptcy venue rules because the BSA had created an affiliate in Delaware seventh months earlier. Unsettled by...