In many small and medium-sized businesses, one or more of the partners or shareholders—also called equity security or equity interest...

The Archdiocese of St. Paul and Minneapolis Files Chapter 11 Bankruptcy: A Review of the First Day Filings For more detailed discussion...

For more detailed discussion on chapter 11 procedure, common issues and more, be sure to read Wartchow Law’s Chapter 11 Blog. November...

The top 15 common factors that may indicate a chapter 11 bankruptcy filing can help your business stay operational despite debt and other...

Commercial Leases and Chapter 11 Reorganization: The Requirements and Timelines under the Bankruptcy Code Problems with commercial leases...

(For other detailed discussions on chapter 11 procedure, common issues and more, be sure to read Wartchow Law’s Chapter 11 Blog.) As for...

When a business files Chapter 11, it becomes a “debtor-in-possession” of its own affairs as a fiduciary to the bankruptcy estate. What...

The vast majority of individuals who file bankruptcy chose to do so under either Chapter 7 or Chapter 13, which are the most common forms...

Unlike under other Chapters of the Bankruptcy Code, Chapter 11 is unique in that there is no initial appointment of a trustee. In...

The terms “trustee” and “United States Trustee” sound similar and often encompass similar objectives, however the role of the trustee in...

Minnesota Department of Revenue levies sales tax on any number of transactions common to small businesses, most often being on sales of...

The factors commonly precipitating a Chapter 11 business proceeding are numerous: lawsuits filed by unsecured creditors, reluctance of...

Many initial calls regarding a potential Chapter 11 business reorganization seek just the basic information: Does my business have to go...

A Chapter 11 reorganization proceeding facilitates a business’s ability to actually stay in business. A successful Chapter 11 is a...

When I became aware of a popular local restaurant and bar recently close its doors due to unpaid sales tax and subsequent state shutdown,...