Mergers, acquisitions and startup deals, and what they mean.
Shares of a company in Chapter 11 can keep trading, but the reorganization plan usually cancels them. Why the absolute priority rule decides this and where to read your company's plan.
Whether your gift card still works after a bankruptcy filing is decided by a court order. Where to find the cutoff date and what to do when cards stop working.
Many Chapter 11 cases end with a court-run auction rather than a turnaround. How a 363 sale works, from the stalking horse bid to the sale order, with 23andMe and Bed Bath & Beyond as examples.
Open orders, deposits, subscriptions, warranties and returns after a Chapter 11 or Chapter 7 filing: what the customer programs order allows, the $3,800 deposit priority and the credit card route.
The chapter a company files under decides who runs it and who gets paid. This side-by-side guide covers employees, customers, suppliers and shareholders.
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