What Partners/Shareholders Should Know about Personal Exposure When Putting a Business in Chapter 11
In many small and medium-sized businesses, one or more of the partners or shareholders—also called equity security or equity interest...
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Lynn Wartchow
Jan 16, 20154 min
The Archdiocese of St. Paul and Minneapolis Files Chapter 11 Bankruptcy...
The Archdiocese of St. Paul and Minneapolis Files Chapter 11 Bankruptcy: A Review of the First Day Filings For more detailed discussion...
Lynn Wartchow
Nov 3, 20146 min
The Absolute Priority Rule Applies in Individual Chapter 11 Cases in Minnesota and the 8th Circuit.
For more detailed discussion on chapter 11 procedure, common issues and more, be sure to read Wartchow Law’s Chapter 11 Blog. November...
Lynn Wartchow
May 5, 20145 min
Restaurant & Bar Chapter 11s: Top 15 Signs that Your Restaurant May Benefit from Filing a Chapt
The top 15 common factors that may indicate a chapter 11 bankruptcy filing can help your business stay operational despite debt and other...
Lynn Wartchow
Feb 11, 20145 min
Commercial Leases and Chapter 11 Reorganization: The Requirements and Timelines under the Bankruptcy
Problems with commercial leases of real property are one of most common precursors to a Chapter 11 Business Reorganization bankruptcy...
Lynn Wartchow
Jan 16, 20133 min
Chapter 11 Bankruptcy: Can it Stop Eviction under a Commercial Lease?
(For other detailed discussions on chapter 11 procedure, common issues and more, be sure to read Wartchow Law’s Chapter 11 Blog.) As for...
Lynn Wartchow
Nov 15, 20123 min
Managing the Business During Chapter 11: Reporting and Other Requirements
When a business files Chapter 11, it becomes a “debtor-in-possession” of its own affairs as a fiduciary to the bankruptcy estate. What...
Lynn Wartchow
Sep 4, 20122 min
What is Individual Chapter 11 Bankruptcy and Why Would I File an Individual Chapter 11?
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...
Lynn Wartchow
Apr 16, 20122 min
The Role of the “Trustee” in Chapter 11
Unlike under other Chapters of the Bankruptcy Code, Chapter 11 is unique in that there is no initial appointment of a trustee. In...
Lynn Wartchow
Apr 6, 20122 min
Defined: The Bankruptcy “Trustee” and the “United States Trustee”
The terms “trustee” and “United States Trustee” sound similar and often encompass similar objectives, however the role of the trustee in...
Lynn Wartchow
Feb 14, 20122 min
Sales Tax Obligations and Chapter 11 Business Reorganization
Minnesota Department of Revenue levies sales tax on any number of transactions common to small businesses, most often being on sales of...
Lynn Wartchow
Dec 8, 20112 min
Recognize the Circumstances that Often Lead to Chapter 11
The factors commonly precipitating a Chapter 11 business proceeding are numerous: lawsuits filed by unsecured creditors, reluctance of...
Lynn Wartchow
Oct 11, 20113 min
Intro to Chapter 11 Business Reorganization: The Process, Time and Fees Involved
Many initial calls regarding a potential Chapter 11 business reorganization seek just the basic information: Does my business have to go...
Lynn Wartchow
Oct 7, 20112 min
What makes a Chapter 11 Business Reorganization a “Work of Art”?
A Chapter 11 reorganization proceeding facilitates a business’s ability to actually stay in business. A successful Chapter 11 is a...
Lynn Wartchow
Sep 16, 20113 min
When sales tax threatens a business: Chapter 11 may be the answer
When I became aware of a popular local restaurant and bar recently close its doors due to unpaid sales tax and subsequent state shutdown,...
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