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Chapter 11 Process: A Three-Act Production

Filing Chapter 11 can be a viable option for many troubled businesses.  Thinking about the Chapter 11 process as a three-act play can help shed light on what to expect before making the decision to file. Act 1:  “I think we have a problem!” The painful reality of this...

Dodger Chapter 11 Filing Short-Circuits CA Court

The team is here.  The players are here.  The stadium is here.  The vendors are here.  The fans are mostly all here.  The history is here, but the Chapter 11 proceedings are elsewhere.  The Dodger bankruptcy case was filed in the State of Delaware, 2,705 miles away....

Settlement of Landmark Bankruptcy Case

Situation The Adama Land Development Company (ALDC), a Nevada-based real estate company, was formed for the purpose of developing real property and acquired funding by selling units in Limited Liability Entities. Following continuous financial struggles, the troubled...