Bankruptcy & Collections

Bankruptcy Considerations And Relief For Distressed Businesses Amidst COVID-19

Credit cards and American money

03/26/2020McGann, Bryant C.

In addition to recent programs from the U.S. Small Business Administration (“SBA”), such as low-interest disaster loans, small businesses may benefit from amendments to the U.S. Bankruptcy Code, which became effective on February 19, 2020.  The Small Business Reorganization Act of 2019 (the “SBRA”) is the new subchapter V to chapter 11 of the Bankruptcy… Read more »

11th Circuit Permits Termination Of Retiree Obligations In Bankruptcy

01/13/2019Vandeventer Black

In recent years, a variety of external factors—including, regulatory costs, political headwinds, falling oil prices, and the increased utilization of natural gas—have placed significant stress on domestic coal companies.  Those external factors, in conjunction with significant pension and healthcare liabilities and debt burdens, led to numerous bankruptcy filings within the coal industry.  The Bankruptcy Code… Read more »

“I Won The Judgment, Now What?”

american dollar bills

06/18/2018Crouch, Richard J.

When you win a judgment, the court may award you money damages, but obtaining the judgment is often less than half the battle.  If the party against whom the judgment is entered (sometimes called the “judgment debtor” or just “debtor”) either refuses to comply with the court order or simply cannot afford to pay the… Read more »