Chapter 11

Many brick-and-mortar retailers in Texas and around the country are struggling. Soaring inflation and fears of a coming recession have dampened consumer spending, and online marketplaces like Amazon have made the retail sector far more competitive. Several prominent...

A large company ensures its success by preventing financial disasters and handling business affairs as quickly as possible. In Texas, a quick-rinse bankruptcy is an expedited form that takes only days or weeks to complete. There are a few qualities that make this...

Like most people, when you think of bankruptcy, you think of debt-ridden individuals struggling to get by. But that's not always the case. There are some ways in which Chapter 11 bankruptcy can help an individual reorganize and become stronger financially. So, if you...

Consumer trends appear to impact the motion picture industry unexpectedly. Movie ticket sales are not as strong in 2022 as in previous years, and some movie theaters feel the financial brunt. Texas moviegoers who attend screenings at Regal theaters may wonder if those...

When a Texas company files for protection under Chapter 11 of the Bankruptcy Code, it must submit a plan to reorganize its debts. Unlike Chapter 7, Chapter 11 bankruptcy cases do not involve the liquidation of the company's assets. Instead, its debts will be...

Chapter 11 bankruptcy restructures business debts and assets. Corporations primarily use this type of bankruptcy, but individuals can also file Chapter 11. Texas businesses filing debt reorganization remain in control of business operations and aren’t required to...

Texas businesses may be able to strengthen their financial situation by filing for Chapter 11 bankruptcy. Individuals who have debt loads that exceed Chapter 13 limits may also be allowed to file for Chapter 11 protection. During a Chapter 11 proceeding, businesses...

When a Texas business is struggling and unable to pay its creditors, it may find itself in bankruptcy. This can be a difficult process to go through, but there are options available to business owners, including Chapter 11 bankruptcy with DIP financing. Understanding...

Chapter 11 bankruptcy reorganization in Texas is used by businesses and sometimes individuals. It gives a debtor some time to restructure its debts and create a repayment plan that will allow it to get out of debt and continue to operate. It also gives creditors an...

Even some of the largest corporations in the United States could run into challenging financial times. Revlon, a giant in the beauty products industry, recently filed for Chapter 11 bankruptcy. Some might believe the company will fold, but that might not be the case....