Chapter 11, Pt. 2: Hard Lessons from the Chapter
This is a continuation of the series that began with Chapter 11: To File or Not to File Convinced that we could get all our creditors’ cooperation without formally filing for protection under Chapter 11, we proceeded nonetheless to get experienced professionals on board. The workout team was assembled — insiders including myself and my […]
Chapter 11, Pt. 1: To File, or Not to File?
It’s a timely topic, but when asked to detail my experience with Chapter 11, the line that came to mind was from the end of ‘Misery’, when James Caan is lunching with his agent: “Gee, if I didn’t know better, I’d think you were asking me to dredge up the worst horror of my life, […]