The attorney"s handbook on small business reorganization under Chapter 11 by John Harvey Williamson

Cover of: The attorney

Published by Argyle Pub. Co. in Lakewood, Colo .

Written in English

Read online

Places:

  • United States.

Subjects:

  • Corporate reorganizations -- United States,
  • Bankruptcy -- United States,
  • Small business -- Law and legislation -- United States

Edition Notes

Includes index.

Book details

StatementJohn H. Williamson.
Classifications
LC ClassificationsKF1544 .W55 1992
The Physical Object
Paginationvii, 328 p. :
Number of Pages328
ID Numbers
Open LibraryOL1460951M
ISBN 101880730030
LC Control Number93118102
OCLC/WorldCa25820166

Download The attorney"s handbook on small business reorganization under Chapter 11

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Get this from a library. The attorney's handbook on small business reorganization under Chapter [John H Williamson]. Most Chapter 11 cases are small business cases, and many of these cases are filed and handled by attorneys who are not Chapter 11 specialists. This handbook was written for these attorneys and is designed to serve as a reference and guide to attorneys in handling Chapter 11 cases for small business and individual clients.

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The Chapter 11 Case. A Chapter 11 case begins with the filing of a petition with the bankruptcy court where the debtor has its principal place of business or assets. 11 U.S.C.

§28 U.S.C. § Upon filing a petition for relief under Chap the debtor assumes an additional identity as the “debtor in possession.” 11 U.S.C. § Commentary Opt-Out Mechanism Enables Substantive Consolidation Under Chapter 11 Plan Substantive consolidation is a procedure that can be implemented by.

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Either way, Chapter 11 is very labor intensive for the debtor and its professionals (attorneys, accountants, etc.) and therefore very expensive to traverse successfully. In a Chapter 11 case, the debtor reorganizes its debts under the watchful eye of the bankruptcy court, but the debtor has responsibility for its day-to-day operations.

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Small Business Cases: The Small Business Reorganization Act ofeffective Februcreated a new form of Chapter 11—the subchapter V case—for small business debtors, offering an alternative form of relief to that provided by the small business case.

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