Month: April 2025

A business declaring bankruptcy affects different people, including employees. It can be challenging to inform your employees about such a decision, but it’s necessary because it will affect them. For instance, wages may be delayed, and being laid off may be possible...

Cash flow is tight, and you are exploring all options, including bankruptcy. A significant portion of your operating capital comes from customer deposits for future goods or services. What rights do these customers have, and how will courts treat their deposits in...