by Miller & Miller Law, LLC | Sep 20, 2016 | Commercial Bankruptcy
Success in the retail industry is not easy to achieve, and can easily be lost. A recent article highlighted the recent cluster of bankruptcy filings in the retail industry, especially the retail sporting goods industry, highlighting some of the common causes leading...
by Miller & Miller Law, LLC | Sep 19, 2016 | Commercial Bankruptcy
Previously, we began looking at the topic of Chapter 11 bankruptcy in the context of retail business failures. As we noted, Chapter 11 bankruptcy gives business debtors the opportunity to reorganize in order to pay off creditors.Creditors’ committees, which are...
by Miller & Miller Law, LLC | Jul 22, 2016 | Commercial Bankruptcy
We’ve been looking in recent posts at some of the specifics of Chapter 12 bankruptcy requirements. Here, we wanted to provide a general overview of the process. The first step in the process is to file a petition, including forms detailing assets and...
by Miller & Miller Law, LLC | Jul 15, 2016 | Commercial Bankruptcy
We’ve been looking in previous posts at the issue of farming business bankruptcy. As we’ve noted, the farming industry is currently going through a great deal of stress due to decreased commodity prices, and there are bound to be business failures before...
by Miller & Miller Law, LLC | Jul 14, 2016 | Commercial Bankruptcy
Last time, we began looking at Chapter 12 bankruptcy, a form of bankruptcy which allows family farmers and family fishermen to establish a repayment plan to catch up on their debts and reorganize their business. As we noted, there are certain requirements which must...
by Miller & Miller Law, LLC | Jul 8, 2016 | Commercial Bankruptcy
In our previous post, we began looking at the farm debt crisis and the challenges facing farmers due to low commodity prices. Fortunately for farmers, government assistance does provide some help, but many still struggle. With any business, major financial challenges...
by Miller & Miller Law, LLC | Jul 7, 2016 | Commercial Bankruptcy
Owning a business can be a major financial challenge, depending on the industry you are in and the health of the markets, the fluctuating costs of operating the business, and various other factors. This is particularly the case for farmers, who are particularly...
by Miller & Miller Law, LLC | May 23, 2016 | Commercial Bankruptcy
Staying competitive and thriving financially over the long-term is no easy matter for any business. Constant adaptation, innovation and foresight are necessary to ensure a business’ success over the long haul. Every business owner has experienced seasonal and...
by Miller & Miller Law, LLC | Apr 11, 2016 | Commercial Bankruptcy
In our last post, we mentioned the ongoing bankruptcy troubles of Milwaukee businessman Robert Kraft. As we noted, Kraft has filed for Chapter 11 bankruptcy–and, more recently, personal bankruptcy–and his Chapter 11 filing came after one of his companies...
by Miller & Miller Law, LLC | Apr 9, 2016 | Commercial Bankruptcy
Wisconsin readers who keep track of business news may have heard that Robert Kraft, former CEO of the now out-of-operation First Edge Solutions Inc. and World Marketing Holdings LLC, filed for personal bankruptcy earlier this month. Kraft’s filing, which was...