Topics

• Corporate bylaws — severe problems
• Receivership to avoid bankruptcy
• Best time to file restructuring plan
• Payout period — 5 or 10 years?
• Creditor voting process
• Absolute Priority Rule
• Plan confirmation

Guest: Marcus A. Helt — McDermott Will & Emery

This is an abridged version of the original episode. Feel free to go back and listen to the full version in our show feed.

Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today.

Topics

• Court oversight — the U.S. Trustee
• What to submit to the Trustee
• Creditors' Committee
• When to start restructuring plan

Guest: Joe Marshall — Marshall Law

This is an abridged version of the original episode. Feel free to go back and listen to the full version in our show feed.

Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today.

Topics

• Creditors' meeting & what it means
• Personal guarantees — options & rights
• Hiring & firing during bankruptcy

Guest: Jason Manfrey — Fox Rothschild LLP

This is an abridged version of the original episode. Feel free to go back and listen to the full version in our show feed.

Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today.