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The 2023 Chambers USA rankings have been released. Chipman Brown Cicero & Cole is proud to have its Bankruptcy & Restructuring practice and attorneys Bill Chipman and Mark Desgrosseilliers ranked again. Chambers USA ranks the top lawyers and law firms across...
Our country encourages entrepreneurship. We have various rules and regulations that can help individuals take an idea and make it into a successful business. Business structures like corporations can offer protection for the entrepreneur to follow through on this idea...
Business divorce is severing a business relationship between two or more business partners through the courts. It can be just as complex as a regular divorce and sometimes even worse because when millions or billions of dollars are at stake, people are generally...
The retail industry continues to struggle in today’s market. The combination of earlier hits from the COVID-19 pandemic and supply chain issues with continued high levels of inflation have left businesses throughout the country with frustrating sales reports. Some...
One of the most critical issues that attorneys and courts face is what to do with company assets during bankruptcy, specifically, how to dispose of them. Selling the firm’s assets with court approval, allowable by §363 of the bankruptcy code, permits the sale of the...
The Delaware Court of Chancery has a national reputation as the preeminent forum for business disputes. This is, in part, due to the fact that Delaware draws a large number of businesses with its business-friendly laws and tax benefits. The Court of Chancery’s...
Injunctive relief is a powerful legal remedy. If granted, a request for an injunction will result in a court requirement that the other party stop or take a specific action to reduce the risk of irreparable harm. This legal remedy can prove especially useful in merger...
Public and private corporate bankruptcies are now lower than in over a decade. Here’s how that happened and why it won’t last. How it started Through the end of September of this year, 279 companies with assets or liabilities of at least $10 million have filed for...
Entrepreneurs who are choosing a business structure must review the benefits and risks of each before making their choice. Although tax obligations can be difficult with a corporation, the personal liability protection is hard to beat. Limited liability companies...
Recent estimates find 68% of Fortune 500 companies have registered in Delaware. In 2020, over 250,000 new businesses registered in the state. With these numbers, it is no surprise that business leaders refer to Delaware as a corporate paradise. The state’s corporate...