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Tag Archives: Chapter 11 Bankruptcy

BusinessBank

Continuing Your Business in Bankruptcy: Is this Possible?

By Nowack & Olson, PLLC |

According to news reports, staff at Weinstein Company are continuing to report to work even though the company filed for bankruptcy protection after the exposure of founder Harvey Weinstein’s sexual misconduct. If you are a business owner, you might wonder how this is possible? Actually, a Chapter 11 bankruptcy exists precisely so that businesses… Read More »

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Bankruptcy6

What is a Chapter 11 Bankruptcy?

By Nowack & Olson, PLLC |

Federal bankruptcy law provides for different bankruptcies, which are identified by their chapter in the code. A Chapter 11 is an unusual bankruptcy for consumers, the vast majority of whom will choose either a Chapter 7 or a Chapter 13. However, a Chapter 11 bankruptcy makes sense for some of our clients who have… Read More »

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