Corporate Bankruptcy

Corporate Bankruptcy

The legal process by which a company or other business declares that it is unable to pay its debts and requires relief. In the United States, there are two kinds of corporate bankruptcy. Chapter 7 provides for liquidation of a business and the discharge of debts. Chapter 11 allows corporations to continue operations after reorganization and forgives debts that companies cannot repay.
References in periodicals archive ?
Roe and Tung present readers with the fourth edition of their comprehensive examination of the legal and financial material surrounding contemporary corporate bankruptcy and reorganization.
This paper is focused on corporate bankruptcy prediction models and methods to determine whether the evaluated entity has a higher probability of bankruptcy.
Intended for practitioners in the field of bankruptcy law, the authors address several topics, including: valuation as a legal principle and valuation methods, valuing contingent estate causes of action, litigating and settling valuation questions in corporate bankruptcy, and more.
Previously, Trump filed for corporate bankruptcy in 1991, 1992, 2004, and 2009.
The Executive Guide to Corporate Bankruptcy" is an extensive, complete and comprehensive guide to corporate bankruptcy.
Summary: Authorities stepped in overnight to stave off what would have been the biggest corporate bankruptcy ever.
Meanwhile, last year saw only 30 corporate bankruptcy filings with liabilities over $100 million in the United States.
The 14 explanatory chapters cover cross-border cases, consumer protections, bankruptcy abuse, municipal bankruptcy, bankruptcy tax provisions, protection of family farmers, health care and employee benefits, consumer credit disclosure, and corporate bankruptcy.
She was a corporate bankruptcy associate with Fried, Frank, Harris, Shriver & Jacobson and has been involved with leading real estate firms as an associate broker, sales director and director of project development.
Andrews Publications (Wayne, PA), a unit of West (Eagan, MN), has begun the publication of Andrews' Bankruptcy Litigation Reporter, a newsletter designed to help professionals stay current with the latest developments in corporate bankruptcy litigation.
All S corporation shareholders contemplating filing for corporate bankruptcy need to consider the potential tax outcome of such a move.
com discuss corporate bankruptcy and insolvency workouts.

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