Businesses that are struggling financially should consider early on whether seeking protection Chapter of the Bankruptcy Code is a viable option. A Chapter 11 bankruptcy affords a business many protections not available outside of bankruptcy.. . .
One of the most important functions of a Chapter 11 bankruptcy filing is that it allows the business to continue operating while giving it a breathing spell from creditors. A bankruptcy filing acts as a. . .
On February 11, 2014, Radio Shack filed a motion with the Delaware Bankruptcy asking the Court to approve procedures for the assumption and assignment of leases for 1,734 stores at which Radio Shack is currently. . .
Mediation and arbitration have become increasingly popular alternatives to litigation as legal costs have continued to rise.Mediation is a particularly attractive option to resolve disputes early in the litigation process because it provides expediency and. . .