by Jill Sullivan | Mar 30, 2025 | Bankruptcy
Understanding Personal Guarantees and Piercing the Corporate Veil When a business files for bankruptcy, creditors often assume that their chances of recovery have vanished. In many cases, this is true—the corporate entity’s assets are liquidated, and debts are...
by Jill Sullivan | Mar 24, 2025 | Bankruptcy
When a debtor defaults on financial obligations, creditors must act decisively to recover their losses. Two primary legal avenues exist for addressing financial distress: bankruptcy and receivership. While bankruptcy is widely recognized and utilized, receivership is...
by Jill Sullivan | Mar 19, 2025 | Bankruptcy
How DIP Financing Impacts Existing Creditors in Business Bankruptcies When a business files for Chapter 11 bankruptcy, it does not necessarily mean the end of operations. In many cases, the company continues to function while restructuring its debts. This is made...
by Jill Sullivan | Mar 17, 2025 | Legislation
The legal landscape surrounding judgment liens in Texas has undergone significant transformation following recent legislative changes. For creditors operating in the state, understanding these updated rules is critical to effectively securing their interests and...
by Jill Sullivan | Mar 10, 2025 | Bankruptcy
The financial landscape of bankruptcy law is set for a significant shift in April 2025, with an increase in bankruptcy dollar thresholds that will impact creditors, debtors, and legal professionals alike. These changes, which occur every three years to reflect...
