Bankruptcy Law News and Insights

When you run a business and find yourself facing financial troubles, you may be unsure of where to turn. Understanding your options to get your business into a better place financially means speaking with legal counsel who can explain the potential benefits and risks of different types of bankruptcy. Below,...

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Big Lots, Inc. recently announced plans to shutter an additional 56 stores across 26 states in its continuing effort to downsize its footprint as part of its Chapter 11 bankruptcy and will conduct "going out of business" sales at these locations. This is the fourth round of closures that the...

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A recent decision by the United States Bankruptcy Court for the Southern District of Texas in In re Walker County Hospital Corporation serves as an important reminder to clients that are purchasing or renewing directors and officers ("D&O") insurance coverage that the "Insured versus Insured" exclusion must contain the broadest possible exceptions...

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