A Chapter 11 bankruptcy is available to businesses under federal bankruptcy law. Under a Chapter 11 bankruptcy, the debtor remains in control of the business operations and is overseen by the bankruptcy court. The court chooses whether to grant total or partial relief from the company’s contracts and debts. The company eventually emerges from the bankruptcy with a newly reorganized company.
If your business is experiencing financial troubles and you think you may need a Chapter 11 bankruptcy lawyer, contact Dickinson Wright’s Bankruptcy Practice Group. We have experience with all types of bankruptcies as well as restructurings, liquidations, foreclosures, repossessions, and all types of bankruptcy-related litigation. Some of our bankruptcy clients we have worked with in the past include JP Morgan Chase Bank, Borders, and Chrysler.
Dickinson Wright is a full service law firm with over 260 attorneys and a 130 year history of excellence in the legal profession. Our bankruptcy attorneys frequently consult with other attorneys in the firm on bankruptcy-related matters, including commercial and business litigation, corporate law, tax, and alternative dispute resolution. This approach allows us to easily address the wide range of legal issues that inevitably arise during a bankruptcy.
If your company is struggling with financial issues, contact one of our Chapter 11 bankruptcy lawyers today:
Michael C. Hammer
734-623-1696
301 E. Liberty Street, Suite 500
Ann Arbor, MI 48104-2266
mhammer@dickinsonwright.com