Life after death for Chapter 7 corporate debtors? What remains after a corporate liquidation

Individuals filing for bankruptcy pursuant to Chapter 7 of Title 11 of the United States Code (the "Bankruptcy Code") generally do so to have their debts discharged and receive the proverbial "fresh start."2 The same, however, is not true for corporations.

Filed under:
USA, Insolvency & Restructuring, Litigation, Burr & Forman LLP, Bankruptcy, Debtor, Liquidation, US Code, Title 11 of the US Code
Authors:
James H. Haithcock, III
Location:
USA
Firm:
Burr & Forman LLP