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Bankruptcy Law: A Guide to Chapter 7, 11 and 13

Bankruptcy Law: A Guide to Chapter 7, 11 and 13

Bankruptcy is a legal process designed to give individuals, small business owners and large corporate entities relief from crushing debt. Debtors are allowed to retain most of their assets so long as they are statutorily exempt from seizure by the bankruptcy trustee to distribute...
Corporate Bankruptcy Attorney: Los Angeles Based American Apparel Files for Bankruptcy

Corporate Bankruptcy Attorney: Los Angeles Based American Apparel Files for Bankruptcy

Los Angeles Based American Apparel Files for Bankruptcy: October On October 5, 2015, American Apparel filed for Chapter 11 bankruptcy in Delaware, capping a 25 year run from wholesaler to controversial retailer of young American fashion. Whether American Apparel emerges from...
The 10 Largest Corporate Bankruptcies of All Time

The 10 Largest Corporate Bankruptcies of All Time

We are always fascinated with the largest, fastest or most expensive of whatever subject that interests us. In the financial world, we want to know who is the richest or who has lost the most. When it comes to bankruptcies, the largest ever filed do pique our interest not only...