HALLOWEEN 2018: A Word on Zombies, The Walking Dead and Death Spirals

By: Laura Day DelCotto Stanley Druckenmiller has been widely quoted recently for his predictions at the NYC Grant’s Investment Conference of looming insolvencies and bankruptcies to be filed by any number of zombie companies: “Seriously, does anyone know why Sears is still in business?”   He is right, the zombies have

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Chapter 11 Bankruptcy: An Option for Individuals

By: Laura Day DelCotto The vast majority of Chapter 11 bankruptcy filings are by businesses:  LLCs, closely held corporations, and large public company filings.  We read about them almost daily in the news.  This is how we have come to mostly think about Chapter 11 in the US: a large

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Divorce and Bankruptcy Planning

By: Jamie L. Harris For many couples facing a potential divorce, dealing with marital debt and property settlement arrangements can be overwhelming.  Financial issues frequently cause divorce. Rather than assigning liability to your various marital debts, it may be simpler to file a joint petition for bankruptcy relief.  Debt that

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Jamie Harris Named to 2019 Best Lawyers in America© List

Attorney Jamie L. Harris was once again selected by her peers for inclusion the 25th Edition of The Best Lawyers in America© in the practice areas of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, for Lexington, Kentucky. Since it was first published in 1983, Best Lawyers® has become

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How to Maximize Your Bankruptcy Consultation

By: Jamie Harris If you are considering filing for bankruptcy relief, the first step is to set up a consultation with an attorney.  For most people, meeting with an attorney to discuss financial issues can be an intimidating process.  To ensure you get the most out of your consultation, you

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Dean A. Langdon

Dean A. Langdon Named to 2019 Best Lawyers in America© List

Attorney Dean Langdon was once again selected by his peers for inclusion the 25th Edition of The Best Lawyers in America© in the practice areas of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, and Litigation – Bankruptcy, for Lexington, Kentucky. Since it was first published in 1983,

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The Fiscal Health of Healthcare Providers

By: Laura Day DelCotto The American Hospital Association recently reported some statistics that we observe in our practice here in Kentucky.  Nationwide, hospitals have been closing at the rate of about 30 per year.  Bankruptcy tracking statistics mirror the AHA report.  Twenty one hospitals or other health care facilities filed

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Laura Day DelCotto Named to 2019 Best Lawyers in America© List

Laura Day DelCotto, founding member, of DelCotto Law Group PLLC, with offices in Lexington, Danville, and Louisville, Kentucky, was selected by her peers for inclusion in the 25th Edition of The Best Lawyers in America © in the areas of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law,

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Is Chapter 7 Bankruptcy An Option For My Company?

By: Jamie Harris For many small business owners of distressed companies, Chapter 7 bankruptcy may provide some necessary relief.  In evaluating whether your company could benefit from Chapter 7, the first issue is whether you want to continue to operate your business.  Chapter 7 is a liquidating bankruptcy where the

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