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Category Archives: Family Small Business Bankruptcy

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Business Bankruptcy Filings Accelerate

By Nowack & Olson, PLLC |

We are now several months into the coronavirus pandemic, and many bankruptcy attorneys have been predicting a wave of filings. As reported by the business press, the predictions are proving accurate. The bankruptcy filings this year have increased at the fastest pace since 2013—and there is no end in sight. Certainly, with coronavirus infections… Read More »

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Is Uber Headed Toward Bankruptcy?

By Nowack & Olson, PLLC |

Uber has revolutionized the way people get around cities. With the simple use of an app, a person can request a car to come immediately to their door, often for a fraction of the cost of what a taxicab would charge. Uber is also part of the growing “gig economy”—freelance jobs that people can… Read More »

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Starting a Business on Firm Financial Footing

By Nowack & Olson, PLLC |

Business bankruptcies can be much more traumatic than an individual consumer bankruptcy. For many business owners, more money is at play. They have more assets they can lose in a liquidation than the typical consumer. They might also have employees who are depending on them for their livelihood. When a business fails, many lives… Read More »

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Florist FTD Files for Bankruptcy Protection

By Nowack & Olson, PLLC |

Founded over 100 years ago, florist FTD is probably best known for its commercials informing the public that they can ship flowers to loved ones on Mother’s Day or any other special occasion within 24 hours. FTD works by having a network of florists around the country who live near the intended recipient, thus… Read More »

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