Each year billions of dollars of business credit and contracts are restructured under Chapter 11 of the United States Bankruptcy Code. In the process, substantial fortunes are reallocated. Debtors in Chapter 11 reorganizations range from some of the largest business entities in the world to small local businesses. When these companies file for protection from creditors under Chapter 11, new problems and opportunities are created. Mr. Alderman draws upon over twenty years of experience counseling clients to explain the key legal theories and offer practical and tactical advice to business leaders, stakeholders and their advisors.
"This book should be a part of the libraries of management, practitioners and accountants. It is comprehensive." The Halyard Restructuring Group, LLC.
"This well organized and comprehensive book will be a great asset for anyone on either side of a Business Bankruptcy." William Wright, President & Publisher, Park Ave Publishers Inc.
"This book is a great reference source with a wealth of insightful information - No accounting firm's library will be complete without a copy." James E. Schultz, CPA, Sheptoff, Reuber & Co.
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|Publisher:||Outskirts Press, Inc.|
|Product dimensions:||5.50(w) x 8.50(h) x 0.46(d)|
About the Author
Mr. Alderman is a member of the Business Bankruptcy Section of the American Bar Association, The Business Bankruptcy Section of the American Bankruptcy Institute, and The Executive Committee of the Commercial Law and Bankruptcy Section of the Connecticut Bar Association. He was educated at Kenyon College (A. B. Economics & Psychology), Cambridge University (Post-Grad. Economics), and Syracuse University College of Law (J. D. Cum Laude), where he earned the LFE Goldie Award for Outstanding Scholarship, and was Managing Editor of the Syracuse Journal of International Law and Commerce. Mr. Alderman is a founding member of Alderman & Alderman.
His seminars on bankruptcy law and business restructuring are highly regarded by business leaders, accountants and lawyers. His written commentaries on the United States Bankruptcy Code have appeared in Bankruptcy 360, The Connecticut Lawyer Magazine, The Wall Street Journal, the Connecticut Law Tribune and the New York Times. He lives in Connecticut with his wife and two sons.
Read an Excerpt
Bankruptcy is a complex and exciting area of the law. The Bankruptcy Code and the decisions interpreting it are rational and make sense - once you see how they fit together. There are a myriad of opportunities within the bankruptcy process to reduce losses, acquire key assets and earn outstanding results for those business leaders who understand how this process works.
It is my belief that with the proper tools to understand Chapter 11 business reorganizations, business leaders can evaluate the options for the deployment of assets within business reorganizations to realize superior return on investment. I also believe that with the appropriate information, accountants and general counsel can better serve their business clients by helping them spot potential problems and opportunities.