Legal Options for Financial Distress
Dean Langdon on Good Day Kentucky discusses Bankruptcy and Other Options for Businesses and Individuals Legal Options For Financial Distress
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Dean Langdon on Good Day Kentucky discusses Bankruptcy and Other Options for Businesses and Individuals Legal Options For Financial Distress
Attorney Dean Langdon was selected as Lawyer of the Year 2021 for the 27th Edition of The Best Lawyers in America© in the practice area of Bankruptcy and Creditor-Debtor Rights, for Lexington, Kentucky. Since it was first published in 1983, Best Lawyers® has become...
Laura Day DelCotto, founding member of DelCotto Law Group PLLC, with offices in Lexington, Danville, and Louisville, Kentucky, was selected as Lawyer of the Year 2021 by her peers in the 27th Edition of The Best Lawyers in America ©. She was selected in the area of...
Factors to Consider During Legal Disputes Between LLC Partners in KY By: Laura Day DelCotto We often see situations of business divorce and the falling out among small business co- owners. In this age of online legal forms, we also often see Operating Agreements that...
By: Laura Day DelCotto The last five or more years have been ‘happy days are here again’ for cheap money and rising asset values. Piling on more and more debt has been encouraged and easy, including multiple tranches, secured positions and waterfalls. Repaying the...
Can I File a Subchapter V SBRA Case if My Business is Closed Down? The Answer is Yes! By: Laura Day DelCotto The caselaw on the new 2020 Small Business Reorganization Act (“SBRA”), which is found in the new “Subchapter V” of the Chapter 11 Bankruptcy statutes,...
Guidelines for Sellers Before a Debtor’s Bankruptcy Hits By: Laura Day DelCotto Unpaid sellers of goods continue to be 100% stiffed in bankruptcy cases across this country. The equitable arguments can’t win the day under the Bankruptcy Code. Suppliers of goods sell...
By: Laura Day DelCotto The Seven Counties “saga” continued this week with the issuance of another ruling from the Sixth Circuit Court of Appeals. This chapter 11 bankruptcy case, filed in the spring of 2013, has suffered a monumental financial defeat this week. In...
Extended Deadline Due to Pandemic Today is the extended deadline to file federal U.S. income tax returns and state tax returns in Kentucky. You can apply for an extension, but remember to pay your estimated liability since any further extensions apply to filing...
By: Laura Day DelCotto As we all know by now, the “Coronavirus Aid, Relief and Economic Security Act” (CARES Act) includes some bankruptcy-specific provisions. These provisions provide enhanced relief for individuals and businesses negatively impacted by the...