Bankruptcy Laws apply to companies that have become financially insolvent and need to repay creditors by restituting resources or capital. In the United States, bankruptcy laws vary widely across state lines but are always implemented by U.S. Bankruptcy Courts. The Bankruptcy Code includes the following chapters: Chapter 7 (liquidation), Chapter 11 (restructuring), or Chapter 13 (adjustment of debt with regular income to creditors).
Gerson Lehrman Group Council Members are available to discuss Bankruptcy Law via phone consultations, live meetings, surveys, and other custom GLG products and services.
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GLG Council Members are leading experts including academics, scientists, and industry specialists
Partner & Chair, ERISA LitigationARENT FOX LLP
MemberMILLER & MARTIN PLLC
PartnerNIXON PEABODY LLP
Volunteer Professor of LawUniversity of Cincinnati - CC
Of CounselBecker, Glynn, Melamed & Muffy LLP
Study groups are populations of experts knowledgeable on specific sub-topics within a broader industry
| Study Group Name | No. Members |
|---|---|
| Bankruptcy Accounting Specialists (US) | 58 |
| Bankruptcy Experts: Lawyers (Asia) | 39 |
| Bankruptcy Experts: Lawyers (EU) | 70 |
| Bankruptcy Experts: Lawyers (Germany) | 14 |
| Bankruptcy Experts: Lawyers (Canada) | 15 |
Interactive roundtables, private visits, and small scale seminars are types of GLG Live Meetings
August 12, 2009 | Singapore
Seminar: Key Features of Indonesia's New Mining Law (Singapore)October 27, 2009 | Teleconference
Teleconference: Capmark Bankruptcy – What’s Next? (1:30PM EDT/10:30AM PDT)November 9, 2009 | Teleconference
Teleconference: LyondellBasell Bankruptcy – Competitive Impact and Outlook (2:00 PM EST/19:00 GMT)August 31, 2009 | Webcast
Webcast: Key Features of Indonesia's New Mining Law (5:00 PM GMT+8, Hong Kong Time)November 24, 2009 | Hong Kong
Seminar: Environmental Risks and Opportunities Arising from China's Environmental Crisis (Hong Kong)News analyses are expert commentaries on current events, written by Council Members who are available for follow up consultations
Fairpoint – Bankruptcy is Now an Option
October 5, 2009
P.J. Louis, President, PJ Louis LLC
FairPoint In Talks to Revamp Its Debt | online.wsj.com
I am an engineer and I am a restructuring expert. My firm focuses on operational matters, and I am the first to say that you should always make voluntary restructuring changes before you file for Chapter 11. I hate seeing companies file as much as anyone else. However, there are times when you have...
Bankruptcy Often Requires Renegotiation
September 14, 2009
Avaya wins Nortel enterprise unit - The Globe and Mail | www.theglobeandmail.com
The fuss between Verizon and Avaya that is presented as an issue of national security is very possibly a move designed to influence the renegotiation of contracts between these two companies.
Fairpoint – Heading for Bankruptcy? It Can Be Fixed
September 29, 2009
P.J. Louis, President, PJ Louis LLC
FairPoint In Talks to Revamp Its Debt | online.wsj.com
Some time ago I had written a piece concerning continued bankruptcies in the CLEC and ILEC sides of the business. The piece was not well received.
Ohio Payday Lenders Still Able to Charge High Fees Despite Law
September 30, 2009
Payday Lenders Using Loopholes | www.dispatchpolitics.com
A study by a liberal public policy group shows that Ohio payday lenders have been able to successfully circumvent a law designed to put them out of business.
G.M. To Get Rid Of Hummer; Finally!
October 14, 2009
Jack Sayer, Managing Partner, Sayer Partners LLC
G.M. Is to Sell Hummer to a Chinese Company | www.nytimes.com
General Motors, in another step towards cutting its brand count in the U.S. as it recovers from bankruptcy, is ready to complete a deal to sell its Hummer brand to a Chinese company that builds heavy machinery. Hopefully, future sales will all be made in China.