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Bankruptcy

: Arizona Bankruptcy Attorney Blog

Christy's Pub Chapter 11; Not the Luck of the Irish!

By Joseph McDaniel, Esq.

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Chapter 11 cases are the glamor pusses of the bankruptcy world.

Here's the ugly news: they often fail.

They often fail prior to confirmation, and then a lot of 'em fail after confirmation.

For instance, if you wanted to go to Christy's Pub for St. Patrick's, you will be sadly disappointed.

That doesn't mean that a Chapter 11 isn't useful, sometimes, but they sure are expensive. And there is no certainty of a great result.

Full post as published by Arizona Bankruptcy Attorney Blog on March 13, 2011 (boomark / email).

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