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Monthly Archives: February 2016

What Happens When a Corporation Enters Chapter 11 Bankruptcy?

What Happens When a Corporation Enters Chapter 11 Bankruptcy?

Bankruptcy is the last resort for any business, but it is occasionally necessary. There are several different ways for a corporation to proceed once it has decided to declare bankruptcy. Chapter 13 bankruptcy is only available to consumers, so this is not an option for businesses save sole proprietorships. Corporations must either declare Chapter 11… Read More…

Will An IPO Save a Company from Bankruptcy?

Will An IPO Save a Company from Bankruptcy?

Many business owners dream of taking their companies public. They imagine the enormous amount of money that their shares could be worth, of course, but many also envision the sense of accomplishment, as well. It’s the American Dream, in a sense: building something with your own bare hands; growing it through untold amounts of blood,… Read More…