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...
Skilled. Results-Driven. Efficient.
Year: 2023
Can a business file for bankruptcy more than once?
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...
What is a business divorce?
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...
Restructuring and retail: A surge is likely in 2023
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...
Disposing of company assets in bankruptcy
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...
Court of Chancery clarifies jurisdiction requirements in recent case
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...