Bankruptcy is a common phenomenon in the business world. There have been many cases wherein the stalwarts of yesterday, the...
Read moreThe bankruptcy of an organization is the end result of many years of organizational decline. It is not an event...
Read moreMany theorists believe that organizational decay is caused by external factors. In fact, some have gone far enough to suggest...
Read moreExternal causes are considered to be the number one reason behind the organizational decline. However, they do not work in...
Read moreBankruptcy is a state in which firms are not able to meet their obligations to internal as well as external...
Read moreIn the previous article, we have studied how bankruptcy prediction models have come a long way. It is true that...
Read moreWhen the word bankruptcy is used, the immediate image conjured is that of a company that is trying hard to...
Read moreIn the previous article, we have already studied that all bankruptcies are not involuntary. In many cases, the shareholders and/or...
Read moreWhen a firm declares bankruptcy, this decision has an impact on all the contracts signed by the firm. The law...
Read moreTiming is everything when it comes to bankruptcy claims. Any company facing the threat of bankruptcy has a duty to...
Read moreIn the previous article, we have studied about how some companies have started using bankruptcy strategically. This means that they...
Read moreIn the business world, Cash is King. Companies that do not have adequate cash cannot survive for very long. This...
Read moreAs mentioned in the previous article, the financing required by companies in order to keep their operations afloat after filing...
Read moreWhen a company files for bankruptcy, the interests of many different parties are impacted. This is the reason that bankruptcy...
Read moreThe bankruptcy process takes a long period of time to resolve. During this time frame, the company takes the protection...
Read moreAfter a firm has filed for bankruptcy, the court provides relief against creditors and even further lawsuits. However, this is...
Read moreThe disclosure statement is a legal document which every company undergoing bankruptcy in the United States is expected to create...
Read moreThe disclosure statement is only the first step in the bankruptcy process. After the solicitation statement has been approved by...
Read moreAfter the solicitation, packages are sent out, and the creditors are given all the information that they need, it is...
Read moreWhen a company is facing bankruptcy, it tries to free up as much capital as possible. This freed up capital...
Read moreDebt to equity conversions is one of the most commonly used tools in the bankruptcy universe. These transactions allow companies...
Read moreCompanies that file for bankruptcy also have a capital structure just like normal companies. This means that their capital structure...
Read moreBankruptcy proceedings are often long drawn processes. The reason behind this is simple. If a company has to come out...
Read moreIn most bankruptcy cases, senior classes of creditors have more power as compared to junior classes of creditors. This means...
Read moreBankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks....
Read moreIn the previous article, we have learned about how corporations use bankruptcy as a strategic tool. However, it is important...
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