Recent Blog Posts
Responding to Allegations of Bankruptcy Fraud or Abuse
Last month, we published an article discussing common allegations of bankruptcy fraud and how to avoid these allegations when going through the Chapter 11 reorganization process. This month, we’re shifting focus to later in the process: What if it is too late to avoid allegations of bankruptcy fraud or abuse? An experienced Miami bankruptcy… Read More »
Contract Disputes Involving Imminent or Ongoing Harm: Seeking Preliminary Injunctive Relief
While complex contract disputes can take months, or even years, to resolve, sometimes companies don’t have time to wait. If your company is facing imminent or ongoing harm, obtaining relief immediately could be critical for protecting your company’s interests now and in the future. Depending on the circumstances, this may involve hiring a Miami… Read More »
The “Five Ws” of Chapter 11 Reorganization Plans
While some business owners and executives are well-versed in the intricacies of the Chapter 11 bankruptcy process, for those who haven’t been through the process before, learning what to expect is the first step. Unlike Chapter 7 bankruptcy proceedings (which involve liquidating a business’s assets), Chapter 11 proceedings involve restructuring the business’s debts so… Read More »
Bankruptcy Fraud and Abuse: How to Avoid Allegations During a Chapter 11 Reorganization
A recent article from the Government Accountability Project discusses the role of forensic accountants employed by the U.S. Department of Justice (DOJ) in uncovering fraud and abuse during the bankruptcy process. While the article focuses specifically on the DOJ’s recent firing of a forensic accountant in Texas, forensic accountants continue to play a key… Read More »
Contract Disputes Involving Mandatory ADR: When Mediation or Arbitration is Required
Many commercial contracts include provisions that mandate mediation or arbitration (or both) in the event of a dispute between the parties. These mandatory alternative dispute resolution (ADR) clauses have become ubiquitous, and, in most cases, both parties will prefer to use ADR rather than litigate their dispute in state or federal court. Generally speaking,… Read More »
When Is It Time to Talk to a Business Bankruptcy Attorney?
As a business owner, it can be difficult to know when it is time to consider seeking financial relief through the bankruptcy process. While it will usually make sense to try to figure out a way to avoid a bankruptcy filing for a period of time, there is also a point at which waiting… Read More »
What Are the Different Types of Business Bankruptcies?
If your business is in financial distress, filing for bankruptcy could be the best option. Filing for bankruptcy provides immediate relief from creditors’ collection efforts, and, depending on the type of business bankruptcy you choose, going through the process could be a cost-effective way to either wind up your business’s operations or restructure your… Read More »
Contract Disputes Involving Third-Party Claims: Indemnification, Insurance & More
While many contract disputes arise out of disagreements between the parties involved, contract disputes can also involve third-party claims. In these cases, understanding the parties’ respective rights requires a critical assessment of the relevant contract terms—including the indemnification and insurance clauses, among others. Learn more from an experienced Miami commercial litigation attorney at Edelboim… Read More »
7 Tips for Preparing to Avoid Unnecessary Issues During a Business Bankruptcy
While successfully navigating the business bankruptcy process can help companies restore their financial stability and get back on the path toward long-term growth, issues during the process can lead to less-than-satisfactory results. As a result, avoiding unnecessary issues is essential. What can companies do to avoid unnecessary issues during the business bankruptcy process? Here… Read More »
Strategic Considerations for Reorganizing Under Chapter 11
Reorganizing a company’s debts under Chapter 11 can be an effective way to reduce the company’s debt load and preserve its viability as a going concern. There are several ways to approach the reorganization process under Chapter 11, and by thinking strategically about the opportunities that are available, company executives can maximize the benefits… Read More »