What are considerations to take into account when evaluating whether or not to file chapter 11?
What are considerations to take into account when evaluating whether or not to file chapter 11?
January8
Does the debtor have an exit strategy? Common examples would be confirming a plan or reorganization, liquidating or arranging an asset sale. Reorganization plans may entail deleveraging the business or shedding unprofitable ventures or units. Can the debtor afford chapter…