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Business Archives - DelCotto Law Group

Shopping

“Happy” Spring Shopping: Retailers file bankruptcy in succession

April 12, 2017
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Along with other local attorneys, I was recently quoted in The Lane Report about predictions for 2017 in various economic sectors and in my own business.  At the time, one of those I cited as being troubled was the retail sector.

Little did I envision how quickly the […]

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How long does a chapter 11 take?

How Long Does a Chapter 11 Take?

February 14, 2017
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“How long does a chapter 11 take?” In Kentucky, a typical chapter 11 bankruptcy lasts 6 months – 1 year.  However, chapter 11’s vary with each situation, factors include:

number of creditors
research of potential litigation claims
cash flow/operating issues, and
if primary lenders agree on a […]

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Another Hospital Bankruptcy, More to Follow in 2017

January 17, 2017
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By: Laura Day DelCotto, Esq.

At least two hospitals have already filed for bankruptcy protection in 2017, and the year is young.  This follows approximately a dozen filings in 2016 nationwide, some closures and others to complete a sale transaction through the bankruptcy process.     The healthcare sector is […]

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Baby grinning with two teeth

POOR DUKE: What do Christian Laettner and Aubrey McClendon Have in Common?

August 25, 2016
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By: Laura Day DelCotto, Esq.

So, this is not a very good week for Duke University and media headlines.  As a life-long Kentuckian, I feel so bad for them.   Even Duke University can get caught up in debtor/creditor fiascos.

That should make the rest of us […]

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