Bankruptcy Law News and Insights

Valuation of a Debtor's estate is likely one of the most important analyses a Debtor will undergo. Ascribing value to the estate helps determine the possible payout available to satisfy creditors' claims. The need for valuation arises in multiple stages of the bankruptcy case, which a Debtor's financial advisors and...

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A traditional Chapter 11 bankruptcy reorganization case can be time-consuming and expensive for small and medium sized businesses. These shortcomings often leave smaller distressed businesses without viable restructuring options. To address this, Congress enacted the Small Business Reorganization Act ("SBRA"), which took effect February 19, 2020. The SBRA added the...

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Restructurings defy a one-size fits all approach because every deal is unique and different tools are required to solve different problems. At one end of the restructuring continuum is the so-called "amend and extend," where the credit agreement is amended to provide incremental liquidity, extend near-term maturities, modify covenants or...

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