Practice Area:Bankruptcy / Chapter 11
Outcome:Chapter 11 Confirmed Plan
Description:This Chapter 11 involved the reorganization of an individual who was a principal of a large manufactured housing retailer which failed. The failure of one of his companies due the economic down turn in the housing market left him responsible for millions of personal guarantees. We were successful in confirming a plan of re-organization to allow for an orderly liquidation of the debt and the restructure of other businesses of the debtor.