Tag Archives: business bankruptcy
Palm Island Dubai

Dubai Bankruptcy is a Taste of Things to Come

by Jeff Wellington on 27. Nov, 2009 in News

The next few hours are vital to understanding whether tremors in Dubai will trigger the next round of global financial panic. No seismic event in the markets (be it a crash or rally) is complete without Wall Street, but the New York Stock Exchange was closed for Thanksgiving yesterday, leaving everyone unsure just how jittery big investors really were and making it hard to contact banks to check their exposure.

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Introduction to Corporate Bankruptcy

by Jeff Wellington on 19. Nov, 2009 in Bankruptcy, Chapter 11

Corporate bankruptcy is a very complicated area of law because it incorporates elements from corporate law, contract law, tax law, and even real estate law. Around 98% of all filings are from personal bankruptcy but business bankruptcy generates a lot of publicity because of its big impact on the economy. For example, in recent years, [...]

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Basic Types of Bankruptcy

by Jeff Wellington on 16. Nov, 2009 in Bankruptcy

Bankruptcy is sometimes seen as the way out from the vicious cycle of debts. However, bankruptcy filings should never be taken lightly and it should only be used as a last resort. When you look at bankruptcy services, you can observe that most of them will give you alternatives to avoid Chapter 7 and Chapter [...]

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