Top Reasons a Chapter 11 May Be Denied
Chapter 11 bankruptcy serves as a valuable option for companies to stay in business while restructuring their debt. And often, an effective business reorganization plan is something that a company can go through that allows them to come out stronger on the other side. Going through a debt restructure with a Chapter 11 bankruptcy allows… Read more
Can You Prove a Property Seller Knew About an Issue in Wisconsin?
In today’s property market, it seems that the sellers have all of the leverage. Prospective buyers are given very little time to make decisions and have inspections done. This scenario often leads to actual property conditions or information in the legal paperwork being overlooked. In Wisconsin, sellers are required to disclose any issues related to… Read more
How Does Chapter 11 Bankruptcy Affect Employees?
Chapter 11 bankruptcy has a lot of negative connotations associated with it. The reality is that filing bankruptcy is done in an effort for the company to stay in business and take care of as many of the vital business components that it can. This includes ensuring that it can treat employees as fairly as… Read more
How Much Do You Have to Be in Debt to File Chapter 11?
For many individuals, filing a Chapter 11 bankruptcy gives them a chance to recover and sustain their current practices financially. While individuals can file other forms of bankruptcy, Chapter 11 can be popular for numerous reasons. First of all, there is no debt limit in chapter 11 bankruptcies, meaning individuals can file Chapter 11 no… Read more
What Happens if Someone Steals a Trade Secret?
In business, finding a “secret sauce” in a given niche can be the difference between being successful and barely making ends meet. Given that competitive advantages are often hard to come by and may take considerable time and effort, it behooves a business owner to keep them secret. The advantages that are unique to a… Read more
Non-Compete Agreements in Wisconsin: What You Should Know
In Wisconsin, there are some protections that employers have over their information and ability to do business. One of these protections is known as a non-compete agreement. Essentially, a non-compete agreement prevents an employee, once they leave a company, from working for a direct competitor and divulge trade secrets to a new employer that may… Read more
What Constitutes a Construction Defect?
Building a new home or dwelling creates a sense of pride for the owner. Turning hard-earned money into a practical application that you design is a big moment and should be celebrated. Unfortunately, there are situations where construction defects can literally crash the party. When this happens, the attorneys at Kerkman & Dunn are ready… Read more
Do Customers Know that you Filed Chapter 11?
A common misconception about chapter 11 bankruptcy is that it is bad for the business. While certainly not something that the company was hoping to undergo when they opened, chapter 11 bankruptcy is essentially debt reorganization that is done in a way that allows the business to stay open and retain profitability. Many large corporations… Read more
Is Chapter 11 Bankruptcy Bad?
There are a lot of common misconceptions when it comes to business bankruptcy. One of the most common is surrounding Chapter 11 bankruptcy. Often, when discussed in the news or elsewhere, it can have a negative connotation surrounding it. And while it isn’t a position businesses necessarily want to be in, there are many benefits… Read more