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Protecting Your Company’s Interests Now that Noncompete Agreements Are Under Threat

Recent news that the Federal Trade Commission (FTC) has proposed a ban on noncompete agreements in both private and public employment situations has sent shockwaves through the business community. On the one hand, increasing the competitiveness of the marketplace tends to drive innovation and inspire solid companies to employ even smarter business tactics. On the… Read more

Business Bankruptcy

Alternatives to Filing for Business Bankruptcy in Wisconsin

Businesses finding themselves struggling financially have legal options in Wisconsin, helping them find relief. One common example is filing for Chapter 11 bankruptcy, allowing companies to reorganize their debts while keeping the company alive and operating.  However, in Wisconsin, business owners can look at two alternatives to filing for Chapter 11 bankruptcy:  Chapter 128 or… Read more

Business Bankruptcy

What Is a Cram Down in Chapter 11 Bankruptcy?

Filing for Chapter 11 bankruptcy can help you keep your business while restructuring your debts. However, as with any major financial decision, deciding to file Chapter 11 bankruptcy is not one to take lightly. It’s best to understand how Chapter 11 can impact your business and finances. Additionally, you’ll want to understand the bankruptcy process,… Read more

Business Bankruptcy

Can My Chapter 11 Bankruptcy Be Contested?

Even well-organized businesses can face financial challenges – especially in today’s economic environment. However, struggling businesses can seek financial help by filing for Chapter 11 bankruptcy, allowing them to reorganize their debts while they continue operating their business. When you file Chapter 11 bankruptcy for your business, the goal is to come up with a… Read more

Business Bankruptcy

What Are the Pros and Cons of Chapter 11 Bankruptcy?

Making the decision to file bankruptcy is not one to take lightly. You’ll need to consider the ins and out’s of the process, how long it will take, and how much it will cost. One type of bankruptcy is referred to as “Chapter 11.” Chapter 11 bankruptcy is often referred to as a “reorganization” bankruptcy,… Read more

Business Bankruptcy

Can an Individual File for Chapter 11 Bankruptcy?

Today, companies are feeling economic pressure at high levels, stemming from the pandemic and high inflation, as well as a rapidly changing job market and economy. According to the American Bankruptcy Institute, commercial Chapter 11 bankruptcy filings increased by 74 percent between November 2021 and November 2022.  But this begs the question:  Can an individual… Read more

Business Bankruptcy

What is Fraudulent Transfer in Wisconsin and How Does it Relate to Bankruptcy?

There is a myriad of rules related to bankruptcy – outlining what debtors and creditors can do and what they can’t. One of these rules relates to “fraudulent transfer.”  Fraudulent transfer occurs when a debtor transfers assets to another person – often a family member – while insolvent and with the intention of defrauding creditors. … Read more

Business Bankruptcy

5 FAQs About Chapter 11 Bankruptcy

Under the U.S. Bankruptcy Code, businesses and individuals in those businesses can file for Chapter 11 bankruptcy, allowing them to reorganize their debts while keeping the company alive and operating.  However, there is often confusion about how Chapter 11 bankruptcies work. Here, we’ve compiled a list of common questions about Chapter 11 bankruptcies for your… Read more

Business Bankruptcy

3 Things to Understand About Business Bankruptcy Taxes

Most business owners start their companies with the intention of being successful.  However, life – and especially life outside of our control – happens.  This has never been more evident than in the past couple of years, with COVID, rising inflation, and a changing workforce. According to the U.S. Small Business Administration, almost 68 percent… Read more

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