What Partners and Shareholders Should Know about Personal Exposure When Putting Their Business in Ch
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, 2015
- 4 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, 2014
- 6 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, 2014
- 5 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, 2014
- 5 min
Commercial Leases and Chapter 11 Reorganization...
Commercial Leases and Chapter 11 Reorganization: The Requirements and Timelines under the Bankruptcy Code Problems with commercial leases...
Lynn Wartchow
- Jan 16, 2013
- 3 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, 2012
- 3 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, 2012
- 2 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, 2012
- 2 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, 2012
- 2 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, 2012
- 2 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, 2011
- 2 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, 2011
- 3 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, 2011
- 2 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, 2011
- 3 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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